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CMA CGM linked to order for LNG fuelled container ships

CMA CGM has reportedly ordered up to 12 LNG dual-fuel large container vessels at two yards owned by South Korean conglomerate HD Hyundai. HD Hyundai...

CMA CGM says its ship lost 44 containers in tough weather

French shipping and logistics company CMA CGM said on Thursday that its ship “Benjamin Franklin” had lost 44 containers in difficult weather conditions off...

Danaos confirms order for five new container ships

Danaos Corporation has ordered five new methanol-ready containerships for $509 million at Chinese shipyards. Specifically, the company has ordered one additional 8,258 TEU containership to...

Euroseas announces two-year time charter contract for its feeder containership, M/V Joanna, and other operational developments

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

SFL – New long term charters for four 8,700 TEU container vessels

SFL Corporation announced that it has agreed new 5-year time charters on four 8,700 TEU container vessels, which will add approximately $240 million to...

Spot rate surge to continue post-golden week

Since the 1 July implementation of a series of peak season surcharges (PSS) and new FAK (freight all kinds) levels, the largest east-west container...

HMM hits back after Samsung D&D complaint with court claim for unpaid fees

HMM has turned the legal cannons on Samsung Electronics America (SEA), seeking $13m in unpaid shipping fees via the US District Court for the...

Hapag-Lloyd CEO sees solid shipping demand driving up freight rates

Solid container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd chief executive Rolf Habben Jansen said in a call...

MSC hits record 20% market share of global containership capacity

MSC now holds a 20% share of the global container shipping market, in terms of capacity offered, a record in the liner industry –...

Shipping firm HMM deploys new carbon capture system on vessels

HMM, Korea’s largest container shipper, deployed new proprietary technology in the voyage of 2,200 TEU (twenty-foot equivalent unit) container ships, aimed at reducing greenhouse...

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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...