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COSCO SHIPPING Ports announces 2025 annual results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, announced the annual results of the Company and its subsidiaries ended 31 December...

Clarksons acquires leading US commodities business, the Link Group

Clarkson PLC, the world's leading provider of integrated shipping services, acquired the Link Crude Resources, LLC, Link Data Services, LLC and Link Futures, LLC...

Okeanis VLCC set for record spot deal – report

Okeanis Eco Tankers is reportedly on track to set a new, historic record for spot rates for VLCC tankers. According to Tankers International, the shipping...

Cancellation of 27 and 30 March 2026 – Celestyal Discovery

As the conflict in the Middle East continues, and in close coordination with the relevant authorities, we have had to delay the repositioning of...

Sumitomo Corporation, K LINE, and NYK Line Conclude MoU for New-build Ammonia Bunkering Vessel Operations in Singapore

Sumitomo Corporation, Kawasaki Kisen Kaisha, Ltd., and NYK Bulkship Pte. Ltd. have entered into a memorandum of understanding to jointly conduct a Front-End...

Stena Bulk CEO to step down

Stena Bulk chief executive officer Erik Hånell is set to step down from his position. In an announcement, Hånell said: After 27 years with Stena,...

Port Hedland iron ore exports up by 8%

Pilbara Ports delivered a total monthly throughput of 55.9 million tonnes (Mt) during February 2026. This was a 13 per cent increase compared to February...

Hafnia Limited: Award of share options to primary insiders

The Board of Directors of Hafnia Limited approved the award of 964,609 share options to the Company's senior management under the Company's bonus and...

Nordic American Tankers – A 2005 built vessel has been sold

Nordic American Tankers informed that has entered into an agreement to sell a 2005 built ship, at a price of about USD 40 million. “We...

Navios Maritime Partners steps away from post-panamax vessels

Navios Maritime Partners sold the last post-panamax vessel as part of a broader fleet renewal program that Angeliki Frangou launched in the summer of...

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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...