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Brazilian driller wins new $465 million rig contract with Petrobras

Brazilian drilling contractor Foresea has secured a new charter agreement with state-controlled oil company Petrobras for one of its drillships to operate in the...

DOF Group ASA – Awarded cable replacement contract by Statnett

DOF Group ASA announce that it has been awarded a Substantial* contract by Statnett, Norway’s transmission system operator, for the replacement of high-voltage subsea...

Intermodal Weekly Market Report [W12]

While the global gas market was preparing for a substantial increase in natural gas supply in the next years, driven by new liquefaction projects...

Middle East Conflict: Straits of Hormuz Transits Remain 95% Down

Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their...

1st Blue Heritage Summit Thessaloniki: The digital transformation of Greek ports

The development of smart applications is a one-way path for Greek ports, offering significant benefits in terms of resilience during times of crisis, while...

Rail growth in northern Sweden drives record volumes at the Port of Gothenburg

Rail freight traffic between northern Sweden and the Port of Gothenburg continues to grow. Two rail terminals in the far north of Sweden, in...

Hong Kong’s TS Lines taps Chinese builder for new 2,900TEU ships

Hong Kong-based container liner company TS Lines has placed an order for four new container vessels in a series to be constructed by China's...

Seaway7 appoints Lloyd Duthie as Chief Executive Officer

Seaway7 has appointed Lloyd Duthie as Chief Executive Officer, effective 1 April 2026. Lloyd succeeds Stuart Fitzgerald, who will take up the role of...

Ocean Network Express to enhance network reliability through strategic partnership with Dongwon Group and Investment in Busan Terminal

Ocean Network Express (ONE) has successfully completed a long-term partnership agreement with Dongwon Group by acquiring an indirect but meaningful share in its secondary...

Celsius tied to LNG carrier duo order at Samsung Heavy Industries

Shipbuilding conglomerate Samsung Heavy Industries (SHI) announced on 23 March that it had secured a contract for the construction of two vessels, valued at...

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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...