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DP World in Canada and the MPA sign joint development agreement

As part of the Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and DP World in Canada (a joint venture...

Navios agrees new charters & 4 containership newbuildings deal

Navios Maritime Partners has revealed 5-year charters and an agreement for 4 newbuilding container ships worth USD 460 million. A relevant SEC filing reads: In July...

Contships: Successful senior unsecured bond tap issue

Contships Logistics Corp. has successfully completed a USD 75 million tap issue of its outstanding senior unsecured sustainability-linked bond due 11 February 2030 (ISIN:...

Samudera Shipping acquires container vessel for $64.9m

The vessel has a total capacity of 2,684 twenty-foot equivalent units. Samudera Shipping Line Limited has entered into a memorandum of agreement to acquire a...

Crowley’s fourth Avance class vessel, Torogoz, begins maiden commercial voyage

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...

Transworld Shipping reveals Q1 FY26 results and acquisitions

Transworld Shipping Lines Limited has reported its unaudited financial results for the quarter ended 30 June 2025 and announced a series of strategic business...

Euroholdings posts profitable quarter; turns focus to tankers

Euroholdings, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-...

ZIM shares rally on news of CEO-Led Take-private Proposal

ZIM Integrated Shipping Services Ltd. is reportedly the subject of a potential buyout bid led by its CEO Eli Glickman and Israeli shipping magnate...

Costamare Bulkers Holdings Posts H1 2025 Net Loss of $26.5 million

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...

Contships Logistics reports financial results for the second quarter and six months ended June 30, 2025

Contships Logistics announced its unaudited financial and operating results for the three and six months ended June 30, 2025.HighlightsFleet Composition- During the first six...

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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...