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World Shipping Council releases container Lost at Sea Report – 2025 update

The World Shipping Council has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024. While...

ClassNK issues world’s first AiP for LCO2/methanol carrier developed by Mitsubishi Shipbuilding & MOL

ClassNK has issued an approval in principle (AiP) for a LCO2/Methanol Carrier jointly developed by Mitsubishi Shipbuilding and Mitsui O.S.K.The certification confirms the feasibility...

LS Marine Solution teams with Turkey on mega HVDC cable ship

Leading South Korean submarine cable manufacturer LS Marine Solution announced Monday that it has signed a construction agreement with Turkey’s Tersan Shipyard to build...

Shelf Drilling announces five-year contract extension for High Island V

Shelf Drilling announced that it has secured a five-year extension for the High Island V jack-up rig. The extension is in direct continuation of...

Amon Maritime secures funding to build large ammonia-fuelled bulkers

Amon Maritime has secured NOK 253 million ($25.1 million) in funding from Norwegian state agency Enova to support the construction of two ammonia-powered bulk...

Mitsui O.S.K Lines: MOL completes the acquisition of LBC Tank Terminals

Mitsui O.S.K. Lines announced that on June 30, it completed the acquisition of all membership rights in LBC Tank Terminals Group Holding Netherlands Coöperatief...

The Greek trend of shipping spin-offs on Wall Street

It is not just a trend, it is a strategy. Greek shipowners are following the spinoff policy for their listed shipping companies on the...

Dalian iron ore logs first monthly gain in four on firm near-term demand

Dalian iron ore futures edged higher on Monday, logging their first monthly rise in four months amid firm near-term demand in top consumer China,...

Baltic Index falls to near 3-week low on weaker capesize rates

The Baltic Exchange’s main sea freight index slipped to an almost three-week low on Monday, pressured by softer capesize rates, though it still posted...

No injuries or pollution after explosion at oil tanker off Libya, says operator

An oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

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...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

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...

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)...