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Inmarsat’s NexusWave trialed by Hapag-Lloyd for enhanced maritime connectivity

Inmarsat Maritime, a Viasat company, has announced that global container liner shipping group Hapag-Lloyd is among the first to trial NexusWave, the fully managed...

Samskip advances zero-emission shipping, partnering with TECO 2030

Samskip announced its partnership in the groundbreaking HyEkoTank project, an initiative supported by the European Union’s Horizon Europe program. As part of its ongoing...

COSCO SHIPPING builds twelve 14,000 TEU dual-fuel methanol container vessels

On 29th August 2024, COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines signed a contract in Shanghai for the construction of twelve 14,000...

COSCO SHIPPING Holdings Announces 2024 Interim Financial Results

COSCO SHIPPING Holdings announced its 2024 interim results. In the first half of 2024, the global container shipping market was intertwined with tight effective capacity...

OOCL and Partners Collaborate to Advance Low-Carbon Shipping With Biofuel

Orient Overseas Container Line Ltd. (OOCL) and partners join hands to advance low-carbon shipping, opting for cleaner fuel to reduce supply chain emissions. With...

Containership contracting spree now exceeds 10 million TEU

“When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the...

Dry freight container production surpasses earlier all time high

Drewry expects 2024 to be the second highest year on record for dry freight container manufacturing, driven by the all-time high quarterly production in...

Strong second quarter performance for ZIM

ZIM reported Financial Results for the Second Quarter of 2024. Highlights Reported Revenues of $1.93 Billion, Net Income of $373 Million, Adjusted EBITDA of $766 Million...

HMM escalates profitability for H1 2024

The revenue increased 18.6% to KRW 4,993 billion in H1 2024 from KRW 4,212 billion in H1 2023. The net profit climbed 88% to KRW...

LR and CORE POWER to conduct next-generation nuclear container ship regulatory study

Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would...

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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...