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Maersk picks “iconic Maersk blue” for its containers

A.P. Moller - Maersk has presented a new look for its containers. A company post on social media, reads: “The big reveal! Our grey containers...

Matson warns tariffs could lead to ‘meaningfully lower’ earnings

Matson, a leading U.S. carrier in the Pacific, reported net income of $72.3 million, or $2.18 per diluted share, for the quarter ended March...

Syria signs new 30-year deal with French shipping giant CMA CGM

Syria on Thursday signed a 30-year deal with French shipping and logistics group CMA CGM that includes building a new berth at Latakia...

CMA CGM: First global liner to run Indian-flagged vessel

CMA CGM is the first major foreign shipping company to register its vessel in India. Specifically, earlier this week, the French liner announced that containership...

CSSC Trading, SWS, and SEASPAN sign contract for 6 containerships

China State Shipbuilding Trading Corporation, a subsidiary of China State Shipbuilding Corporation Limited, joined forces with Shanghai Waigaoqiao Shipbuilding Co., Ltd. and SEASPAN Group...

OOCL strikes USD 3.08 billion deal for 14 large containership newbuildings

Orient Overseas (International) Limited (OOCL) has ordered fourteen new containerships equipped with methanol dual-fuel engines. More specifically, the contracts are worth approximately USD 3.08 billion,...

Sea Consortium orders boxship pair at Hyundai Mipo

According to a Clarksons Research report, Sea Consortium is said to have ordered a pair of 2,800 TEU boxships at Hyundai Mipo in South...

French CMA CGM to acquire Turkish Borusan’s logistics subsidiary in $440 million deal

French shipping giant CMA CGM's subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan's, opens new tab logistics arm, Borusan...

Hapag-Lloyd says 30% of China’s U.S. bound shipments have been canceled

Customers of Hapag-Lloyd have canceled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super...

Danaos Corporation announces upsizing of its share repurchase program by an additional $100 million

Danaos Corporation announced that its Board of Directors has approved the upsizing of its common stock repurchase program by an additional $100 million. The Company...

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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...