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US, China extend tariff truce by 90 days, staving off surge in duties

The United States and China on Monday extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as...

Hanwha Ocean eyes Brazilian shipyard to back offshore projects

South Korea’s Hanwha Ocean is considering establishing a shipyard in Niterói, in the metropolitan area of Rio de Janeiro, to support local offshore projects...

ZIM shares rally on news of CEO-Led Take-private Proposal

ZIM Integrated Shipping Services Ltd. is reportedly the subject of a potential buyout bid led by its CEO Eli Glickman and Israeli shipping magnate...

Iron ore rises on strong China demand

Iron ore futures rose to around CNY 786 per tonne on Monday, rebounding from a near four-week low amid fresh signs of robust demand...

Baltic index slips on lower capesize, panamax rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday, pressured by lower rates for...

Performance Shipping: Holding firm on the road to a green future

Performance Shipping is investing in “green” ships in order to further reduce its environmental footprint. According to the ESG report for 2024, an impressive 13.6%...

INTERCARGO – GCMD cooperate for the decarbonization of shipping

The International Association of Dry Bulk Shipowners – INTERCARGO and the Global Centre for Maritime Decarbonization (GCMD) have signed a two-year cooperation agreement to...

Seoul to begin pilot operations on Arctic shipping routes in 2026

President Lee Jae Myung said Monday he and Vietnam's top leader To Lam agreed to step up efforts to raise their countries' bilateral trade...

Höegh Autoliners ASA – July 2025 Trading Update

In July 2025, Höegh Autoliners transported 1.4 million cbm of cargo on prorated basis. Transported cargo in the last three months (May-July) was 4.1...

Shelf Drilling announces new long-term contract in the Dutch North Sea

Shelf Drilling, announced that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea” or “SDNS”) has secured a contract for the...

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Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

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...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

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)...