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CMA CGM and ABB collaborate on parametric roll algorithm to enhance ship safety

Technology leader ABB, and the CMA CGM Group, a global player in sea, land, air and logistics solutions, are collaborating on a new parametric...

MPCC: Continues fleet optimization and updates guidance for FY 2025

MPCC announced further strategic measures to optimize the portfolio and enhancing its fleet composition. With reference to the investor presentation issued on 14 March...

Hapag-Lloyd publishes 2024 annual report and announces outlook for current financial year

Hapag-Lloyd published its new annual report today. According to the report, a slight increase in the operating result was achieved in 2024. The Group...

Euroseas announces a 3-year charter contract extension for M/V Rena P and the successful completion of its spin-off EuroHoldings

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

Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

DP WORLD reports record revenue of $20.0 billion and EBITDA of $5.5 billion

DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0...

ZIM posts “outstanding performance” in 2024

ZIM Integrated Shipping Services, a global container liner shipping company, announced its consolidated results for the three and twelve months ended December 31, 2024. Fourth...

Global Container International announces acquisition by Triton International Limited

Global Container International, a leading lessor of marine intermodal containers, announced that it has entered into definitive documentation to be acquired by Triton International...

Euroseas announces approval of Nasdaq Capital Market listing for Euroholdings

Euroseas has requested that the registration statement on Form 20-F of Euroholdings be declared effective by the Securities and Exchange Commission on or around...

CMA CGM takes delivery of inaugural methanol dual-fuel boxship

CMA CGM IRON, the Group’s first dual-fuel methanol vessel, made its maiden call at the Port of Singapore. Built in Korea by Hyunday Samho Heavy...

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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...