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Intermodal Weekly Market Report [W17]

The USTR Notice of Action issued on April 17 introducing fees up to $1.5 million on Chinese shipping companies and Chinese-built vessels has sparked...

Intermodal Weekly Market Report [W15]

The recent surge in trade tensions between the U.S. and China, marked by the U.S. imposing tariffs up to 145% on Chinese imports and...

Intermodal Weekly Market Report [W14]

Following Donald Trump's recent announcement unveiling new tariffs, various interpretations have emerged regarding the motivations behind this protectionist stance.

Intermodal Weekly Market Report [W13]

As the first quarter of the year concludes, it is insightful to examine the dynamics of newbuilding activity in the two main conventional shipping...

Intermodal Weekly Market Report [W12]

As the shipping industry accelerates its transition towards greener practices, in line with the respective maritime regulations, LNG has emerged as a leading alternative...

Intermodal Weekly Market Report [W11]

The Red Sea saw a relatively calm period following the ceasefire in Gaza, which seemed to quell hostilities and halt Houthi attacks. However, Israel's...

Intermodal Weekly Market Report [W10]

In view of President Trump's declared intention to "Make America’s Shipbuilding Great Again," this week we aim to shed some light on the global...

Intermodal Weekly Market Report [W09]

Following the announcement of proposed tariffs on Chinese-built and operated vessels, the immediate impact remains zero, as the measures are still under discussion.

Intermodal Weekly Market Report [W08]

The rebounding OSV market enjoyed a strong start in 2024 hitting record highs, before easing off in the latter half of the year, with...

Intermodal Weekly Market Report [W07]

The announcement of Union Budget for 2025-26 in India at the beginning of the month, brought promising news for the country’s shipbuilding industry.

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Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...