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Contships Logistics proceeds with vessel sales

According to shipbroking sources, the Turkish company Medkon Lines — a consistent buyer of vessels from the Contships fleet — has acquired the sister...

Israel signals it may block sale of major stake in ZIM

Israel’s Companies Authority has intervened in the potential sale of shipping company ZIM, slightly cooling the process and signaling that the state may actively...

ZIM board updates on ongoing strategic review process

ZIM Integrated Shipping Services Ltd. provided an investor update on its strategic review process. As part of the review of strategic alternatives that has been...

DHL and CMA CGM accelerate decarbonization of ocean freight with joint biofuel initiative

DHL Global Forwarding and CMA CGM have taken a significant step toward decarbonizing global container transport. The two companies have agreed to jointly use...

Hapag-Lloyd orders eight new dual-fuel methanol container ships

Hapag-Lloyd has signed a contract with the Chinese shipyard CIMC Raffles for the construction of eight new container ships. The ordered units will each...

ONE Boxship loses containers overboard off Gran Canaria

The container ship ONE Continuity has pulled into port in the Canary Islands for assistance after losing about 50 boxes over the side in...

Euroseas announces 3-Year forward charter contracts for three of its Modern 2,800 TEU Containerships

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

ONE strengthens Adriatic and Balkans presence with new agency appointment in Albania

Ocean Network Express (Europe) Ltd. has appointed Centralog Albania Sh.P.K. as its official agency in Albania, marking a significant step in strengthening its presence...

Hapag-Lloyd bids for ZIM

International shipping giant Hapag-Lloyd has made an offer for Zim Integrated Shipping Services. As far as is known, the bid is in the initial...

DCSA welcomes IKEA Supply AG as first shipper to participate in DCSA+

IKEA Supply AG has joined DCSA+, the Digital Container Shipping Association’s partnership programme for advancing digital standards across the container shipping industry. As the...

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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...