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US drillers cut oil and gas rigs for fourth time in five weeks – Baker Hughes

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

Asian spot LNG prices at five-month high on firm demand, geopolitical risks

Asian spot liquefied natural gas (LNG) prices rose for the fourth straight week and hit its highest level in five months amid firm demand,...

Cadeler places order to build its third state-of-the-art A-class vessel

Cadeler A/S confirmed that it has placed an order to build its third state-of-the-art A-class wind farm installation vessel. This will be the eleventh...

Euroseas profitability drops for second consecutive quarter

Euroseas announced its results for the three-month period ended March 31, 2024 and declared a common stock dividend. First Quarter 2024 Financial Highlights: Total net revenues...

Missile incident reported near Yemeni coast

On May 23rd, Britain’s maritime monitoring agency said a merchant vessel near Yemen’s coast observed a missile striking the water close by. The ship and...

Flex LNG posts Q1 financial results

Flex LNG announced its unaudited financial results for the three months ended March 31, 2024. Highlights: * Vessel operating revenues of $90.2 million for the first...

Wheat sets 10-month high on deteriorating Russian harvest prospects

Chicago Board of Trade wheat futures climbed to a 10-month peak on Wednesday as worries grew about deteriorating harvest prospects in top exporter Russia,...

Baltic index sees minor drop as capesize remains steady

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, edged lower on Thursday, as steady capesize rates offset...

LR awards approval in principle to Seaspan Corporation for next generation feeder ship design

Lloyd's Register has awarded Approval in Principle to Seaspan Corporation for its innovative Next Generation Feeder Ship Design. The vessel, measuring 198 m in...

StealthGas posts record quarterly profit

StealthGas, a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for...

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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...