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CNC launches first 100% foreign-owned domestic shipping service in the Philippines

CNC, the Intra-Asia short sea specialist of the CMA CGM Group, announced the launch of a new legal entity (named “CMA CGM Philippines Shipping”)...

Petrofac announces in-principle agreement on financial restructure

Petrofac announced that it has reached in-principle agreement with certain of its key stakeholders on the framework for a comprehensive financial restructure to...

US drillers cut oil and gas rigs for second week in a row, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services...

US East Coast port strike set to start Tuesday, says union

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said...

Clarksons expands Deep Sea Tanker Projects offering with new desk in Rio de Janeiro

Clarksons announced the establishment of a new desk in Rio de Janeiro, bringing Tanker market expertise to South America. The new desk will be...

ABS approves liquefied hydrogen carrier design from Samsung Heavy Industries

ABS issued general design approval to Samsung Heavy Industries for its detailed design of a liquefied hydrogen carrier. The 20,000 cbm vessel features Type C...

Greece qualifies Panama’s inclusion in discriminatory lists as “undeserved”

On the sidelines of the 79th UN General Assembly, the President of Panama, José Raúl Mulino, held a bilateral meeting with the Prime Minister...

Iron ore extends gains to near $100/t after China pledges more stimulus

Prices of iron ore futures extended gains into a third straight session on Thursday, after top consumer China’s pledge for more stimulus injected further...

Baltic index hovers near three-month high as capesize rates jump

The Baltic Exchange’s main sea freight index rose to its highest in close to three months on Thursday, propelled by higher rates in the...

Tufton Oceanic Assets Limited reports earnings results

Tufton Oceanic Assets Limited reported earnings results for the full year ended June 30, 2024. For the full year, the company reported revenue was...

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DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Global Ship Lease Posts Robust Q2 Financial Results

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2026. Second Quarter of...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

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,...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

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...