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Intermodal Weekly Market Report [W36]

The past week closed with the Kamsarmax sector once again emerging as the most underperforming segment in terms of average time-charter equivalent (TCE) with...

Iron ore ticks down on tepid Chinese demand outlook

Iron ore futures prices dipped on Tuesday, surrendering earlier gains, as the weakening Chinese demand outlookfor steel outweighed softer supply and expectations of further...

Baltic index retreats as capesize rates dip

The Baltic Exchange’s main sea freight index retreated on Tuesday after hitting its highest in nearly two months in the previous session, pressured by...

Nanjing Tanker orders new 18,000-ton chemical tanker

On September 9, 2024, Nanjing Tanker Corporation (a sister company of China Merchants Energy Shippin and subsidiary of China Merchants Group.) approved the construction...

ZIM announces new operational cooperation with MSC

ZIM Integrated Shipping Services, a global container liner shipping company, announced that it has entered into a new long-term operational cooperation with Mediterranean Shipping...

ONE, HMM and Yang Ming confirm the alliance partnership

Ocean Network Express and Yang Ming Marine Transportation announced that the three companies will continue to cooperate closely under the new alliance name Premier...

US LNG export dominance tested as Europe’s demand wilts

The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024, but a steep drop in selling prices...

Washington State Ferries cancels sale of retired boats

The Elwha and Klahowya are back on the market. Recent developments have prompted Washington State Ferries to terminate purchase and sales agreements with Nelson...

QatarEnergy to build 6 new QC-Max LNG vessels at China’s Hudong-Zhonghua Shipyard

QatarEnergy has signed an agreement today with China State Shipbuilding Corporation (CSSC) for the construction of 6 additional state-of-the-art QC-Max vessels, bringing the total...

Euronav Shareholders in line for a US$46 million payout following court ruling against CMB

On Friday, the Brussels Market Court in Belgium ruled that Compagnie Maritime Belge (CMB) wrongly calculated the offer price of shares during its mandatory...

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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...