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War Risk Insurance Rates Edge Up Amid Red Sea Ship Attacks

War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the area on Sunday and fears grow over...

Maersk to invest in integrated supply chain capabilities in Southeast Asia

A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production...

Iron ore benchmarks diverge as China tries to cool prices

The two main spot prices for iron ore diverged last week, with Singapore-traded contracts gaining but China’s domestic futures posting a decline. The two benchmarks...

Baltic index gains hits a one-and-a-half year high on strong vessel demand

The Baltic Exchange’s dry bulk sea freight index rose for the eighth consecutive session on Monday, hitting a one-and-a-half year high as rates climbed...

George Economou acquires 5% stake in Seanergy

According to a relevant SEC filing, George Economou has acquired a stake in Seanergy Maritime. Specifically, the filing shows Sphinx, a subsidiary of Maryport Navigation,...

OPEC+ Agrees on Deeper Output Cuts to Avoid Renewed Surplus

OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go alongside Saudi Arabia’s much-anticipated extension of its voluntary reduction...

Maersk Reaches Settlement Over Ship That Blocked the Suez Canal

A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez canal in 2021, forcing shipping lines to...

Frontline Reports $107.7 Million Profit in Q3

Frontline reported unaudited results for the nine months ended September 30, 2023: Highlights Profit of $107.7 million, or $0.48 per basic and diluted share for the...

BW LPG Signs Joint Venture Agreement with Confidence Petroleum

BW LPG Limited is pleased to announce the signing of multiple definitive Agreements, viz. a Joint Venture (JV) with Confidence Petroleum India Limited (“Confidence”,...

Baltic dry bulk index doubles in November on robust vessel demand

The Baltic Exchange’s dry bulk sea freight index gained for the sixth consecutive session on Thursday, more than doubling in November to hit an...

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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...