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Tariff turbulence tests container markets, but spot rates hold firm

Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially schizophrenic effect on demand, spot freight rates this week...

Sealead expands in Spain with new entity and managing director

SeaLead, a fast-growing global shipping line, has strengthened its presence in Europe with the establishment of its own entity in Spain, marking a significant...

Euroseas announces 2-year charter contract for its feeder containership, M/V Monica

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a new time charter contract for...

ZIM announces new long-term chartering agreements for ten 11,500 TEU LNG dual-fueled vessels

ZIM Integrated Shipping Services announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total...

Shipping giant CMA CGM and French AI startup target customer service in tie-up

Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday, which the...

Maersk’s Logistics Trend Map analyses the top ten trends and game changers for global supply chains

Tariffs, political tensions and conflicts, inflation and recession risks, changing consumer behaviour or underlying challenges like digitisation and AI: Most businesses globally are faced...

Mega-containerships are changing the market

The global shipping industry is once again at the center of attention for giant container ships, as their share of the global orderbook and...

CMA CGM sues Houston physical supplier over alleged bad bunkers

French container line CMA CGM has sued US marine fuels firm GCC Supply & Trading LLC over the alleged supply of contaminated VLSFO to...

Yang Ming orders methanol-ready containerships

Yang Ming Marine Transport Corporation has reportedly placed a new order for three methanol dual-fuel-ready containerships, each capable of carrying 8,000 TEUs. Specifically, the vessels...

HMM takes delivery of its first methanol-powered containership

HMM takes delivery of ‘HMM GREEN’, a 9,000 TEU methanol-powered containership. This vessel is the first of nine sister ships ordered in February 2023...

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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...