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Russia to increase LPG exports by a third in Feb – traders

Russia plans to boost exports of liquefied petroleum gas (LPG) in February to benefit from better profitability than in its domestic market, traders said...

Intermodal Weekly Market Report [W05]

With the Western sanctions on Russia’s oil products in full effect and a gloomy economic outlook for 2023, one can wonder how challenging will...

Baltic index snaps 5-session losing run on higher capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its five-day losing streak on Wednesday, as gains...

Clarkson Port Services acquires offshore renewable energy service provider, DHSS

Clarkson announced that its wholly owned subsidiary, Clarkson Port Services, has completed the acquisition of DHSS, a leading provider of integrated logistics services to...

Post-Boom Hangover Leaves Carriers with Massive Container Surplus

The return to ‘supply chain normalisation’ has led to the container liner industry being hobbled by an estimated surplus of 5m teu of boxes,...

BP Slows Retreat From Oil as Russia War Drives Record Profit

BP Plc said it will cut oil and gas output more slowly this decade after the supply disruption caused by Russia’s invasion of Ukraine...

Iron ore dips as rising China port inventory adds pressure

Dalian and Singapore iron ore futures fell to three-week lows on Tuesday, as rising portside inventory in China weighed on prices already pressured by...

Frontline: Emergency Arbitration claims initiated by Euronav fully dismissed

Frontline plc, formerly Frontline Ltd., announces that the Emergency Arbitration claims filed by Euronav have been fully dismissed by the Emergency Arbitrator. The decision was...

Baltic Index Extends Fall On Lower Rates For Panamax, Supramax

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight session, dragged by weaker...

Reach Subsea awarded contract with major renewables energy company

Reach Subsea ASA, the trusted data and subsea service provider for ocean-based industries, has been awarded a 6 months plus options contract from a...

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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)...