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MISC signs shipbuilding contract for two LNG carriers; gets long-term charter with PETRONAS

MISC Bhd and Samsung Heavy Industries signed shipbuilding contracts for the construction of two newbuild liquefied natural gas (LNG) carriers, scheduled for delivery in...

Marubeni and Solvang start joint operation of ammonia carrier

Marubeni has entered into a partnership agreement with Solvang ASA (hereinafter, “Solvang”), a Norwegian shipping company, and commenced joint operation of an ammonia carrier...

Provaris and Yinson join forces to innovate on CO₂ storage and marine transport solutions

Provaris Energy and Yinson Production Offshore announced a binding Joint Development Agreement for the development of storage tank solutions for the bulk storage and marine transportation of...

ABS approves ammonia fuel retrofit solution from Nikkiso

An ammonia fuel supply system that can be retrofitted to existing vessels or installed on new builds has earned approval in principle (AIP) from...

US drillers cut oil and gas rigs for second week in a row, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services...

ABS approves liquefied hydrogen carrier design from Samsung Heavy Industries

ABS issued general design approval to Samsung Heavy Industries for its detailed design of a liquefied hydrogen carrier. The 20,000 cbm vessel features Type C...

MAN PrimeServ signs cooperation agreement with Latsco Marine Management

MAN PrimeServ, MAN Energy Solutions’ after-sales division, has signed a cooperation agreement with Latsco Marine Management, specialist in the operation and management of a...

Capital Clean Energy Carriers announces the sale of five 5,023 TEU container vessels

Capital Clean Energy Carriers, an international owner of ocean-going vessels, announced that it has entered into five memoranda of agreement for the sale of...

Excelerate Energy buys reliquefaction System from Wärtsilä

Excelerate Energy will purchase a reliquefaction system from Wärtsilä Gas Solutions, part of technology group Wärtsilä. The Woodlands, Texas, natural gas company said on Thursday...

Venture Global partners with GASTRADE for long-term LNG supply to Europe

Venture Global has announced an expansion into the European market with a long-term agreement with GASTRADE to supply LNG to central and eastern Europe...

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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...