Shipping Herald

ESL Shipping has signed a significant agreement with Stegra for the transport of raw materials and finished steel products. Stegra is currently building its first large-scale plant for the production …

METLEN and Malaysian multinational oil and gas company PETRONAS have signed a Sale and Purchase Agreement (SPA) for the long-term supply of liquefied natural gas (LNG) to Greece. Under the …

The shipbuilding and maintenance arm of state-owned marine transport giant China Cosco Shipping has completed initial public offering (IPO) guidance registration, paving the way for a domestic listing to capitalise …

Shipping group Maersk said on Monday that four more ​of its joint container services with Germany’s Hapag-Lloyd will resume ‌sailings through the Suez Canal, as they gradually return to using …

According to market sources, Aegean Shipping Management has sold a tanker vessel built in 2022 for an estimated USD 83 million. Specifically, the company is said to have sold aframax …

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l., a company indirectly owned by …

Hapag-Lloyd and DP World have agreed to expand and further strengthen their long-standing cooperation in Africa. The partnership will focus on securing long-term terminal capacity in Dakar (Senegal), Luanda (Angola) …

Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) signed a joint venture agreement to operate and expand the International Ship Repair Facility (ISRF) Cochin. The agreement was …

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening the terminal’s capacity and supporting safer, …

Port of Los Angeles waterfront workers processed 955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More than 2.9 million TEUs moved across …

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN’s fleet generated record gross revenues of $551.4 million, …

The lightning Houthi advance down Yemen’s Red Sea coast this week came with direct guidance from Iran’s ​Revolutionary Guards seeking to open a new front in Iran’s war with the …

The Supervisory Board of Hapag-Lloyd AG has decided that Anders Boenaes, currently Senior Managing Director Network at Hapag-Lloyd, will become the new Chief Operating Officer (COO) of the company as …

Kawasaki Kisen Kaisha, Ltd. announced that the naming ceremony for a newbuilding LNG carrier was held at a Samsung Heavy Industries Co., Ltd. facility in South Korea on September 9, …

DP World has handled the largest single maritime delivery of new energy vehicles to Chile, with 1,918 fully electric and plug-in hybrid vehicles discharged at its multipurpose terminal in San …

Odfjell Drilling Ltd. announced a Letter of Award with Vår Energi ASA for use of the Deepsea Bergen. The scope of work awarded covers a period of three years, starting …

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the Group’s long-term nation-building efforts and contribute towards a resilient, inclusive and sustainable maritime future for Malaysia. …

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared ‌with the previous day’s 12, preliminary shiptracking data showed on Thursday, with levels also lower than …

A container ship arrived in Britain on Wednesday after a landmark voyage from China via the Arctic, as part of plans for more vessels to use the route as a …

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million in reparations. The claim centers on …

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime Corporation, is focusing on the practical value of technology for the shipping industry. As he noted …

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock to selected investors who participated in …

Ernst Russ AG announced that it has adjusted its guidance for the full year 2026. Highlights: 2026 guidance adjusted, two further tanker newbuildings acquired EBIT guidance for 2026 raised to …

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC) against the French shipping and logistics company CMA CGM, seeking at least $186 million in damages …

Iran’s Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used by the U.S. military and attacked 10 ships on Wednesday, after the U.S. said it had …

Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts Base Rates for …

Dynagas LNG Partners LP, an owner of liquefied natural gas (“LNG”) carriers, announced its results for the three and six months ended June 30, 2026. Half year Highlights: Net Income …

Shearwater Geoservices AS announced the launch of the Amapá 3D multi-client seismic survey in partnership with SLB. Located offshore Amapá in northern Brazil’s Equatorial Margin, the project represents one of …

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion cash purchase of ZIM Integrated Shipping Services, the German shipping group said ​on Monday. The proposed …

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer and manufacturer of azimuth propulsion systems specialising in high ice-class and Arctic vessels. Steerprop has built …

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week, after ‌Iran threatened on Monday to retaliate for any new U.S. attacks. The number of commodity …

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by the Hellenic Customs Authority and the …

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move freely across the seas, even when relations between states came under strain. That assumption is now …

HMM announced that it has signed a long-term shipping contract valued at approximately KRW 4.7 trillion with Vale, Brazil’s leading global mining company. Under the contract, HMM will transport iron …

U.S. ​and Iranian forces fired at vessels in waters around Iran on Saturday, including three Iranian oil carriers struck by ‌the Americans and three tankers that Iran said it targeted …

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the Neopanamax Locks which will allow customers to continue operating under the existing 14.63-meter (48.0-foot) Tropical Fresh …

The value of new cruise ships currently on order worldwide has reached $87.4 billion, with the orderbook standing at 80 vessels and an investment programme extending more than a decade …

Russia’s biggest oil producer Rosneft said Sept. 6 that it has launched its giant Vostok Oil project, opening a new pipeline and loading first oil onto the Arc7 ice-class Arctic …

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, announced that it entered into an agreement with Hanwha Ocean to build three 90,000 cbm dual-fuel …

Star Bulk Carriers Corp. has announced that it is undertaking the admission to parallel listing on Euronext Athens and equity offering in Greece of up to €112.2 million.

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America (excluding East Coast SA). To continue …

Thailand’s Precious Shipping took delivery of a 63,500 DWT bulk carrier on September 3 through its wholly-owned Singapore subsidiary. Named Ratima Naree, the Singapore-registered vessel is the second of four …

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination Carriers ASA by Rederiaksjeselskapet Torvald Klaveness …

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered into agreements to time charter-out three …

Iran has added more ships it deems as non-compliant and subject to fines, confiscation or detention if they try to sail through ​the Strait of Hormuz, according to a government …

A new milestone has been reached in the shipbuilding programme of Navios, owned by Angeliki Frangou, with Zhoushan Changhong International holding a steel-cutting ceremony for the company’s 11th 115,000-dwt crude …

Odfjell Drilling announced the signing of an amendment with Aker BP which extends the firm contract for the Deepsea Nordkapp. The extended term shall commence on 1st January 2025 in …

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the Operation of a Public Terminal from …

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September 4, across its summer deployment in Greece, the Adriatic and wider Mediterranean. Voyages range from three …

STEALTHGAS INC., a ship-owning company serving the liquefied petroleum gas sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter and six …