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Samsung Heavy ordered to pay SK $290 million for carrier defects

Samsung Heavy Industries has been ordered to pay $290 million in compensation to SK Shipping for defects in two liquefied natural gas (LNG) carriers...

Iron ore extends fall on weak data, sentiment

Iron ore futures extended losses on Monday, as some investors unwound long positions amid persistently weak data and fading hopes for more stimulus in...

Baltic index hits three-week low as capesize rates weigh

The Baltic Exchange’s dry bulk sea freight index hit a three-week low on Monday, mainly weighed down by a decline in rates for bigger...

Adani Ports to sell Ennore terminal stake to MSC unit for $30 mln

India's Adani Ports (APSE.NS) on Friday said it will sell a 49% stake in its Ennore Container Terminal located in the southern city of...

Edda Wind secures green term loan facility agreement

Edda Wind announced it has entered into a green term loan facility agreement for the pre- and post-delivery financing of four vessels under construction...

Capital Product Partners Announces Results of Rights Offering

Capital Product Partners L.P. announced the final results of its previously announced rights offering to raise proceeds of up to $500,000,000 (the “Rights Offering”). The...

Panama Canal to increase daily transits to 24 starting in January

Through Advisory to Shipping No. A-54-2023, the Panama Canal announced today that it will increase the number of daily transits to 24 starting in...

Shipping firms to avoid Suez Canal as Red Sea attacks increase

Two major freight firms including MSC Mediterranean Shipping Co, the world’s biggest container shipping line, on Saturday said they would avoid the Suez Canal...

EU wheat ends flat in lack of fresh news after weekly fall of 3%

European wheat ended the week unchanged in a lack of new fundamental elements and taking a breather after a sharp fall on worries of...

APM Terminals Elizabeth enhances operations with new super-post-Panamax cranes

APM Terminals Elizabeth announces the commissioning of two new ZPMC super-post Panamax ship-to-shore (STS) cranes. The cranes have a 23-container outreach designed to accommodate...

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Okeanis Eco Tankers Posts Unaudited Financial Statements for 2Q2026 and 1H2026

Okeanis Eco Tankers reported its unaudited condensed financial results for the second quarter and six-month period of 2026. Financial performance of the Second Quarter Ended...

Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

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,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...