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Ocean Wilsons to sell its majority stake in Wilson Sons in $765 deal

Investment holding company Ocean Wilsons, opens new tab on Monday agreed to sell its 56.47% stake in its unit Wilson Sons, opens new tab...

DP World acquires 47,000 TEUs in boost to capacity and customer experience

For the first time, DP World has acquired 47,000 TEUs that have been registered and branded to the company. The new containers will increase...

PIL names its first two 14,000 TEU LNG dual-fuel container vessels

Pacific International Lines named its first two 14,000 TEU container vessels in a ceremony at Jiangnan Shipyard in China yesterday. They are the largest...

Maersk launches Korosho Express ocean service to support Tanzania’s Cashew Trade

Mae A.P. Moller – Maersk announced the launch of its new seasonal ocean service, the Korosho Express, specifically designed to support the Tanzania cashew...

Maersk names latest vessel of its dual-fuel methanol fleet “Alexandra Mærsk” in Felixstowe

A.P. Moller - Maersk celebrated the naming of its latest dual-fuel methanol container vessel “Alexandra Maersk”. UK’s Maritime Minister Mike Kane, representatives of the...

Maersk and Hapag-Lloyd to avoid Red Sea in 2025

Hapag-Lloyd AG and Maersk A/S, an entity under A.P. Moller – Maersk, confirm that they expect to phase in their Cape of Good Hope...

Euroseas announces 1-year charter contract for its feeder containership, M/V Jonathan P

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

DP World expands marine services fleet with new vessels

DP World welcomed two newly built vessels to its Marine Services fleet, further strengthening its commitment to sustainability and operational excellence. The newbuild vessels, Navios...

MSC Group establishes a new container terminal at Port of Aarhus

Port of Aarhus has just signed an agreement with the global container shipping company Mediterranean Shipping Company (MSC) for the lease of land at...

CLdN places order for 10 newbuild container carriers

CLdN confirmed the placement of an order for 10 newbuild load-on / load-off (LoLo) container vessels with delivery as from January 2027. The large...

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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...