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British International Investment commits up to $35 million alongside DP World into the Democratic Republic of the Congo’s first deepwater container port

British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35 million towards the development of the...

d’Amico exercises option for MR product tanker

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announced that its operating subsidiary d’Amico Tankers D.A.C. (Ireland)...

Ocean Yield net profit at USD 24.3 mln in Q2

Ocean Yield announced results for the second quarter and first half year 2024. HIGHLIGHTS EBITDA for Q2 2024 was USD 58.5 million and Adjusted EBITDA was...

Strong second quarter performance for ZIM

ZIM reported Financial Results for the Second Quarter of 2024. Highlights Reported Revenues of $1.93 Billion, Net Income of $373 Million, Adjusted EBITDA of $766 Million...

NYK Bulk & Projects to Time-Charter First Methanol-Fueled Bulker

On August 1, NYK Bulk & Projects Carriers Ltd., an NYK Group company, concluded a basic agreement with Kambara Kisen Co., Ltd. (Hiroshima Prefecture,...

Baltic index rises on firm capesize demand

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities rose on Monday, buoyed by a jump...

China Merchants orders 10 tankers at DSIC

China Merchants Energy Shipping (CMES) officially announced a major step forward in its fleet expansion and sustainability efforts. Through its fully-owned subsidiary, Associated Maritime...

Novatek Set To Dock Second LNG Unit At Sanctioned Arctic Plant

Russian gas producer Novatek PJSC seems to be pushing ahead with an expansion project at its Arctic LNG 2 plant despite Western energy sanctions. A...

MEYER WERFT to build four new ships joining the Disney Cruise Line fleet

MEYER WERFT and Disney Cruise Line will continue their long and successful part-nership: the German shipyard will build four additional ships that will join...

Subsea7 awarded contract on Gulf of Mexico project

Subsea7 announced the award of a sizeable contract in the US Gulf of Mexico. The scope of work includes engineering, procurement, construction, and offshore installation of...

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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...