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HHLA: Postive revenue & earnings figures in 1H2024

After a weak start to the year due to a challenging environment, Hamburger Hafen und Logistik AG (HHLA) concluded the first half of 2024...

Hapag Lloyd delivers ‘very good’ 1H2024

Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to...

Yang Ming reports impressive profitability in 2Q2024

Yang Ming Marine Transport Corporation held the 397th Board Meeting to approve and pass its financial report for the first half of 2024. The...

GSL provides update on refinancing activity

Global Ship Lease, a containership charter owner, announced the establishment of a $300 million senior secured term loan facility to enable a comprehensive refinancing and streamlining...

ICTSI: Continued strong performance in H1

Throughput increased 1% to 6.31 million TEUs Revenues grew 13% to USD1.32 billion EBITDA expanded 19% to USD864.99 million Diluted EPS rose 36% to USD0.200 Enrique K. Razon...

Maersk reports Q2 with increased earnings momentum

A.P. Moller - Maersk continued to build momentum in the second quarter reporting volume growth across all segments and improved financial performance with EBIT...

Euroseas reports best financial results in recent years

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-...

Maersk continues with fleet renewal plan

In continuation of its fleet renewal programme initiated in 2021, A.P. Moller - Maersk (Maersk) is in the process of signing newbuilding orders and...

Danaos Corporation reports Second Quarter and Half Year Results

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudited results for the period ended June...

Drewry Port Equity Index Continues Rising Trend

The Drewry Port Equity Index continued to rise in 2Q24, gaining 3.1%, following a 1.6% increase in 1Q24, but the growth rate slowed QTD,...

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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...