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Borr Drilling announces new contract commitment

Borr Drilling Limited announced a new contract commitment for its premium jack-up rig "Norve" with a repeat customer in West Africa.  This work is in...

Dalian iron ore jumps to two-month high on China stimulus vows

Dalian iron ore futures prices surged to their highest in two months on Tuesday after Beijing eased its monetary policy stance for the first...

Baltic index hits 15-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to 15-month low on Tuesday, dragged...

Celestyal celebrates maiden calls to Khasab, Sir Bani Yas Island and Abu Dhabi

Celestyal has marked its first ever visits to Khasab (Oman), Sir Bani Yas Island (UAE) and Abu Dhabi (UAE) with plaque exchange ceremonies. The maiden...

Avance Gas successfully completed the ninth VLGC delivery to BW LPG

Avance Gas Holding refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd for $1,050...

Shipbrokers Intermodal & Golden Destiny to merge

Intermodal Shipbrokers and Golden Destiny, two major Greek shipbroking firms, have announced they are joining forces. Intermodal and Golden Destiny focus on sale and purchase...

ONE and NZPG collaborate on shore power innovation in China

Ocean Network Express and Ningbo Zhoushan Port Group held a symposium on December 6th to share best practices and explore innovative approaches to shore...

Iron ore recovers as China stimulus bets outweigh shaky economic outlook

Iron ore futures rebounded on Monday, ending a two-session decline, as hopes of further Chinese stimulus overshadowed the top consumer’s uncertain economic prospects. The most-traded...

Baltic index steady as firmer panamax rates offset dip in capesize, supramax

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, was little changed on Monday, as higher...

Eidesvik Offshore appoints new CFO

Eidesvik Offshore appointed Lars Tufteland Engelsen as Chief Financial Officer. Engelsen joined Eidesvik in 2018 and has held the position as VP Finance since 2022,...

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Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

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...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

EU Forces Board Sanctioned Russian ‘Shadow Fleet’ Tanker

An EU naval mission led by Italy boarded a tanker from Russia’s so-called “shadow...

Two Tankers With Saudi Oil Exit Red Sea Over Weekend

Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend,...

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...

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)...