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CMA CGM flags tough year ahead as shipping faces overcapacity, falling demand

The container shipping industry is bracing for a challenging year as new vessels boost capacity while demand slows, French group CMA CGM said on...

Taekwang teams up with major U.S. fund to enter K Shipbuilding acquisition battle

Taekwang Group has entered the acquisition battle for K Shipbuilding alongside Texas Pacific Group (TPG), a global private equity fund (PEF). According to the investment...

MSC Cruises announces two new world class ship orders during double celebration with Chantiers de l’Atlantique

MSC Cruises and Chantiers de l’Atlantique announced a major extension of their long-standing relationship with orders for two additional World Class ships – numbers...

DeepOcean awarded installation work on gas project by Equinor

Ocean services provider DeepOcean has been awarded a contract by Equinor to provide various subsea construction and installation activities as part of the Snorre...

Prosafe SE: Safe Caledonia further extended at Captain

Ithaca Energy (UK) Limited has exercised a further seven weeks of options for the Safe Caledonia to continue providing accommodation support at the Captain...

Solstad Maritime ASA – Contract award for CSV Normand Ocean

Solstad Maritime ASA (SOMA) announced that the Construction Support Vessel Normand Ocean has been awarded a new very large contract* with DeepOcean AS. The contract...

2020 Bulkers Ltd. (2020) – Results for the third quarter of 2025

2020 Bulkers Ltd. announced its unaudited financial and operating results for the three and nine months ended September 30, 2025. Key events during the third...

WALLENIUS SOL and Holmen enter long-term shipping partnership for paperboard exports

WALLENIUS SOL and Holmen have signed a long-term shipping agreement covering exports of premium paperboard from Holmen’s mill in Iggesund, Sweden. Under the new agreement,...

Marco Polo Marine secures $198 mil contract to build oceanographic research vessel for Taiwan’s NAMR

Marco Polo Marine, a reputable regional integrated marine logistics company, is pleased to announce that its wholly-owned subsidiary, Marco Polo Shipyard Pte Ltd (“Marco...

Contships: Higher revenue and dividend distribution of 20 million dollars in 9 months

Contships Logistics Corp, owned by Nikolas D. Pateras, recorded a 9% increase in its revenue in the nine-month period. Specifically, it reported revenue of...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...