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Shell Commits to Dover Project in U.S. Gulf of Mexico’s Deep Water

Shell plc said on Wednesday it has taken a final investment decision on the Dover exploration field in the U.S. Gulf of Mexico, which...

WLP welcomes 14 strategic Vietnamese partners to its growing network of international traders

World Logistics Passport (WLP), a Dubai-led global initiative designed to smooth the flow of world trade, has welcomed 14 Vietnamese partners to its global...

Iron ore holds ground as China demand optimism persists

Benchmark iron ore futures held ground on Wednesday as China’s activity data in January and February pointed to an economic rebound, albeit gradual, for...

China coal output up 5.8% in Jan-Feb as new capacity comes online

China’s coal output rose by 5.8% in the first two months of 2023 from the same period a year earlier, government data showed on...

Baltic index rises on panamax vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday, as gains in the panamax segment...

Safe Bulkers: Sale of Panamax Class Dry-bulk Vessel

Safe Bulkers announced that it has entered into an agreement for the sale of MV Efrossini, a 2012 Japanese-built, Panamax class, dry-bulk vessel at...

DSME Wins Order for Two LNG Carriers from Maran Gas Maritime

Daewoo Shipbuilding & Marine Engineering (DSME) announced on March 14 that it has won an order for two LNG carriers from Maran Gas Maritime,...

China Lifts Unofficial Ban on Australian Coal

China will allow all domestic companies to import Australian coal, signaling an end to trade restrictions imposed in late 2020. Ports and customs offices have...

OPEC Retains Oil Demand Growth Projections

The OPEC Reference Basket (ORB) value rose by 26¢, or 0.3%, m-o-m in February to average $81.88/b. The ICE Brent front-month contract declined by...

Intermodal Weekly Market Report [W10]

Following the latest report on World Markets and Trade, USDA raised its forecast for global wheat production in 2022/2023 by 5 million MT...

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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...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

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...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

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...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...