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Iron ore hits two-week high on improved Chinese economic outlook

Iron ore futures prices hit a two-week high on Monday, buoyed by an improved Chinese economic outlook following strong services data and continued stimulus...

Baltic index up for second day on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on...

Wind Energy Construction AS contracts VARD for one ECV

Vard signed a contract for the design and construction of one state-of-the-art Energy Construction Vessel (ECV) with Wind Energy Construction AS. The parties have...

Yemen’s Houthis say they targeted MV Groton in the Gulf of Aden

Yemen’s Iran-aligned Houthi movement said on Sunday that it targeted MV Groton vessel in the Gulf of Aden and also confirmed that it had...

Capital Product Partners announces second quarter 2024 Financial Results

Capital Product Partners L.P., an international owner of ocean-going vessels, today released its financial results for the second quarter ended June 30, 2024. Highlights  Three-month periods ended June...

US drillers cut oil and gas rigs for first time in three weeks – Baker Hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services...

Drewry Port Equity Index Continues Rising Trend

The Drewry Port Equity Index continued to rise in 2Q24, gaining 3.1%, following a 1.6% increase in 1Q24, but the growth rate slowed QTD,...

OPEC oil output rises in July on Saudi rebound, survey finds

OPEC oil output rose in July, a Reuters survey found on Friday, as a rebound in Saudi Arabian supply and small increases elsewhere offset...

Fairwater, the newest Jones Act Energy and Chemical Transportation Provider, formally launches

Crowley and SEACOR jointly announced the successful formation of Fairwater Holdings LLC. Fairwater, an independent U.S. company, integrates Crowley and SEACOR’s petroleum and chemical...

Iron ore rises to more than 1-week high on upbeat demand outlook, China stimulus hopes

Iron ore futures prices rose to a more than one-week high on Thursday, buoyed by top producer Rio Tinto’s optimistic demand outlook for top...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

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...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

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...

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...