Crowley’s latest Avance Class ship, Torogoz, began its inaugural commercial service on Tuesday, departing from Port Everglades, Florida, to serve Central America. The vessel’s commencement is a capstone on the …
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Signal Group, led by Ioannis Martinou, continues to stand out as a leading “player” in the Aframax spot tanker market, with its performance confirming the power of a disciplined and …
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged up on Wednesday, on higher rates for capesize and supramax vessel segments. The …
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary, it has entered into a time …
Transworld Shipping Lines Limited has reported its unaudited financial results for the quarter ended 30 June 2025 and announced a series of strategic business moves to strengthen its market position. …
July was the busiest month on record in the 117-year history of the Port of Los Angeles. The Port handled 1,019,837 Twenty-Foot Equivalent Units (TEUs), 8.5% more than last July. …
A pause in tariffs in recent months lifted the Port of Long Beach to its most active July on record and the third-busiest month in its 114-year history. Dockworkers and …
Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the sale of MV Pedhoulas Merchant, a 2006 Japanese-built, Kamsarmax class, …
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged lower on Tuesday, as rates declined across capesize and panamax vessel segments. The …
Iron ore futures rose on Tuesday after steel mills in Tangshan, a major production hub, were ordered to halt operations to improve air quality ahead of a major military parade, …
Euroholdings, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three- and six-month periods ended June 30, …
Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the second quarter and six-month period of 2025. Financial performance of the Second Quarter Ended June 30, 2025 Revenues …
EuroDry reported a net loss of $3.1m for the second quarter, compared with a $300,000 loss in the same period of 2024. Revenue was $11.3m, down from $17.4m a year …
Wallenius Wilhelmsen maneuvered steadily through the second quarter with an EBITDA of USD 472m. “We see the strong demand, in particular in shipping, continuing into Q3 and maintain our financial …
DOF Group ASA announced two new long-term contracts in Brazil. Following the same competitive tender process that resulted in the previously announced contract award of Skandi Achiever on a 4-year …
The U.S. on Tuesday rejected the “Net-Zero Framework” proposal by the International Maritime Organization, which is aimed at reducing global greenhouse gas emissions from the international shipping sector, and threatened …
Excelerate Energy, reported its financial results for the second quarter ended June 30, 2025. RECENT HIGHLIGHTS Reported Net Income of $20.8 million for the second quarter Reported Adjusted Net Income …
The floating LNG import terminal at Alexandroupolis in northern Greece has resumed operations having been offline since late January, operator Gastrade said Aug. 11. The floating storage and regasification unit …
South Korea’s Hanwha Ocean is considering establishing a shipyard in Niterói, in the metropolitan area of Rio de Janeiro, to support local offshore projects for which it is bidding. The …
The United States and China on Monday extended a tariff truce for another 90 days, staving off triple-digit duties on each other’s goods as U.S. retailers get ready to ramp …
Crowley has announced key leadership appointments that will continue to strengthen it as a leader in advanced energy transportation and microgrid development sectors in the U.S. and across the Americas. …
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday, pressured by lower rates for capesize and panamax vessels. The main …
Iron ore futures rose to around CNY 786 per tonne on Monday, rebounding from a near four-week low amid fresh signs of robust demand from China. Data showed the country’s …
According to a SEC filing, Imperial Petroleum has acquired three Japanese-built bulk carriers from Brave Maritime, a sister company controlled by Vafias family interests. The acquisition is valued at a …
ZIM Integrated Shipping Services Ltd. is reportedly the subject of a potential buyout bid led by its CEO Eli Glickman and Israeli shipping magnate Rami Unger. According to Israeli business …
Pyxis Tankers Inc., an international shipping company, announced unaudited results for the three and six month periods ended June 30, 2025. For the three months ended June 30, 2025, our …
OceanPal reports financial results for the six months ended June 30, 2025
Costamare Bulkers Holdings Limited reported unaudited financial results for the six-month period ended June 30, 2025. Costamare Bulkers had no operating activity during the first half of 2024 and remained …
Diana Shipping announces time charter contract for m/v DSI Pegasus with Cargill Ocean Transportation
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary, it has entered into a …
In July 2025, Höegh Autoliners transported 1.4 million cbm of cargo on prorated basis. Transported cargo in the last three months (May-July) was 4.1 million cbm. Average prorated gross freight …
President Lee Jae Myung said Monday he and Vietnam’s top leader To Lam agreed to step up efforts to raise their countries’ bilateral trade volume to US$150 billion by 2030, …
The International Association of Dry Bulk Shipowners – INTERCARGO and the Global Centre for Maritime Decarbonization (GCMD) have signed a two-year cooperation agreement to accelerate decarbonization efforts in the dry …
Performance Shipping is investing in “green” ships in order to further reduce its environmental footprint. According to the ESG report for 2024, an impressive 13.6% reduction in greenhouse gas emissions …
Seanergy Maritime reported second quarter and first half financial results for the periods ended June 30, 2025.
Contships Logistics announced its unaudited financial and operating results for the three and six months ended June 30, 2025. Highlights Fleet Composition – During the first six months of 2025, …
Centrofin Management has reportedly placed an order for two bulk carriers at a Chinese shipyard. Specifically, the shipping company agreed to build a pair of 82,000-dwt kamsarmax bulkers at Hengli …
As announced on 5 February 2025, A.P. Møller – Mærsk A/S has decided to launch a share buy-back program of up to DKK 14.4 billion (around USD 2 billion) to …
SEACOR Marine Holdings, a leading provider of marine and support transportation services to offshore energy facilities worldwide, announced that it has entered into definitive agreements for the sale of two …
Shelf Drilling, announced that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea” or “SDNS”) has secured a contract for the Shelf Drilling Winner jack-up rig with …
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week low on Tuesday, pressured by lower rates for …
Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2025.
A.P. Moller – Maersk A/S (Maersk) achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching USD 845m. While down sequentially, Maersk results were in …
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday, buoyed by firmer rates across all vessel segments. The main index …
United Maritime reported second quarter and first half financial results for the periods ended June 30, 2025.
Genco Shipping & Trading Limited reported its financial results for the three months and six months ended June 30, 2025.
Yangzijiang Shipbuilding has reported a 36.7% increase in its net profit attributable to equity holders to $756m (RMB 4.2b) in the first half (H1) of 2025. In a bourse filing, …
International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the second quarter 2025. HIGHLIGHTS & RECENT DEVELOPMENTS …
Golar LNG Limited announced that Southern Energy S.A. (“SESA”) has reached Final Investment Decision for the charter of Golar’s 3.5MTPA MK II FLNG, as contemplated under the terms of the …
The Board of Jinhui Shipping and Transportation Limited announced that a wholly-owned subsidiary of the Company entered into a memorandum of agreement on 6 August 2025 for the disposal of …
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week low on Tuesday, pressured by lower rates for …
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