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Costamare posts profitable 2024 in strong containership market

Costamare reported unaudited financial results for the fourth quarter and year ended December 31, 2024.

Euroseas announces 3-year charter contracts for its intermediate containerships, M/V Synergy Antwerp and M/V Synergy Keelung

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

TMS Group orders up to 10 containerships

According to market sources, TMS Group has placed an order for the construction of up to ten LNG dual-fuelled containerships (11,400 TEU) at Zhoushan...

MSC launches iReefer, the most advanced container monitoring system for reefer cargo 

MSC Mediterranean Shipping Company has just launched iReefer, the most advanced container monitoring system for reefer cargo. This solution allows customers to track and...

Top shipping line MSC will keep avoiding Red Sea for now

Container liner MSC Mediterranean Shipping said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any...

Euroseas announces the sale of its 1998-built 2,008 teu Feeder Containership, M/V Diamantis P

Euroseas an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that its wholly owned subsidiary,...

Hapag-Lloyd fleet reaches record 300 ships

Hapag-Lloyd has reached 300 owned and chartered vessels for the first time ever, after taking two container ship newbuilds on charter from Reederei Nord. The...

COSCO on US “blacklisting”: Global operations will continue uninterrupted

COSCO is in discussions with US authorities to seek clarification regarding its inclusion in the Department of Defense's list of Chinese military firms, the...

DP World partners with Gemini Cooperation to strengthen Canadian cargo operations

DP World, a global leader in logistics and supply chain solutions, announces a new partnership with the Gemini Cooperation to enhance cargo operations throughout...

DP World hits 100 million TEU capacity milestone

DP World has achieved a historic milestone, surpassing 100 million TEUs of container handling capacity across its global portfolio since inception. The achievement is...

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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...