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Baltic index hits over 4-month low as vessel demand wanes

The Baltic Exchange’s main sea freight index dropped to a more than four-month low on Wednesday, pressured by weaker demand across vessel segments. The overall...

G7 Nations Designing Price Caps on Russian Refined Oil Products

Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those that trade at higher...

Euronav responds to termination of combination agreement by Frontline

Euronav NV notes the announcement that Frontline plc has unilaterally decided to terminate the combination agreement between the two companies signed 10 July 2022...

Iron ore rises as China sees COVID wave past its peak

Dalian and Singapore iron ore futures rose on Tuesday after China said it has seen the peak of COVID-19 infections in many regions, adding...

Baltic index falls, panamax hits lowest in two years

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, slipped on Tuesday, on lower rates for all vessel...

DHT Holdings announces $305 million financing

DHT Holdings, announced a new $305 million secured credit facility. It is in line with the “DHT-style financing” including a six-year tenor and a 20-year...

Ardmore Appoints a New Director to the Company’s Board

Ardmore announced the appointment of Mr. James Fok to the Company's Board of Directors as a Class III director, and he is expected to serve on...

Sembcorp Marine Completes Third Zero-emission Battery-powered Ropax Ferry for Norled

Sembcorp Marine Ltd (the “Company”, together with its subsidiaries, the “Group”) marked the sailaway of the final unit of three identical fully battery-operated roll-on/roll-off...

Frontline and Euronav scrap $4.2 billion merger

Oil tanker company Frontline said on Monday a $4.2 billion deal to merge with rival Euronav NV was terminated, a combination which would have...

Baltic index snaps 6-session losing streak on higher capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, ended a six-session losing streak on Monday, as an...

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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)...