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HD KSOE’s affiliate wins 367.2 bln-won LNG ship order in Asia

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Tuesday its affiliate has secured a 367.2 billion-won (US$250 million) order for a liquefied...

Gunvor Group announces management buy-out, appointment of Gary Pedersen as CEO

Members of the management of Gunvor Group, one of the leading physical energy trading companies in the world, announce the successful acceptance of a...

Hanwha Ocean wins 375.4 bln-won VLCC order in Oceania

Hanwha Ocean Co., the shipbuilding arm of South Korea's chemical-to-defense conglomerate Hanwha Group, said Tuesday it has secured a 375.3 billion-won (US$255 million) order...

Iron ore extends rally on demand for medium-grade cargoes

Iron ore futures prices advanced for a fourth session on Monday, buoyed by strong buying of medium-grade cargoes, though gains were capped by year-end...

Strong capesize rates propel Baltic index to near 2-year high

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a near two-year-high on Monday,...

Prime Green Recyclers becomes Pakistan’s first Hong Kong Convention compliant yard; GMS welcomes the milestone

GMS extends its congratulations to Prime Green Recyclers on becoming the first ship recycling yard in Pakistan to achieve full compliance with the Hong...

EPS places major order at Hengli

Eastern Pacific Shipping (EPS) has signed contracts with Hengli Shipbuilding for 12 vessels in a deal estimated at $1.1bn–$1.6bn. Specifically, EPS has ordered a series...

NAT: Increased dividend and solid prospects

Nordic American Tankers increased dividend and solid prospects. “The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain...

LNG carriers: The rally continues unabated

The LNG carrier freight market is at the center of global interest, as freight rates continue their rally, reaching the highest levels of the...

Russia fails to win back seat on UN shipping agency’s council

Russia failed on Friday to win enough votes to rejoin the U.N. shipping agency's governing council despite urging countries to back its nomination for...

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TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...