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Trump orders oil tanker insurance support, says Navy could escort ships in Gulf

The U.S. Navy could begin escorting oil tankers through the Strait of ​Hormuz if necessary, President Donald Trump said on Tuesday, adding he had...

UECC expands fleet with fresh order for eco-friendly PCTC newbuild pair at Chinese yard

United European Car Carriers (UECC) is further expanding its fleet of eco-friendly Pure Car and Truck Carriers (PCTCs) with the order of two additional...

Wallenius Wilhelmsen renews shipping contract with an estimated value of around USD 190m

Wallenius Wilhelmsen renews contract with a global automotive distributor with an estimated net freight value of around USD 190m during a firm period of...

Performance Shipping Inc. signs shipbuilding contracts for the construction of two newbuilding suezmax tankers

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through two separate wholly-owned subsidiaries, it has signed...

d’AMICO International Shipping S.A. announces the increase of its time charter coverage at very profitable rates

d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, announces that, since the beginning of the current...

CMB.TECH announces Q4 2025 results; eight VLCCs sold at Stellar Prices

CMB.TECH reported its unaudited financial results today for the fourth quarter ended 31 December 2025.

Boskalis secures contract for the inter-array cable system at the Gennaker Offshore Wind Farm

Royal Boskalis B.V. in consortium with TKF Subsea Solutions B.V. (TKF) recently signed a contract with OWP Gennaker GmbH, as developed by Skyborn Renewables,...

Hafnia Limited announces Financial Results for the three and twelve months ended 31 December 2025

Hafnia Limited, a leading product tanker company with a diversified and modern fleet of over 120 vessels, announced results for the three and twelve...

TORM ends 2025 on “very strong note”

TORM performed well in 2025 with the fourth quarter seeing further positive momentum, demonstrating the agility and resilience of our model during a period...

DP World grows Brazil contract logistics footprint with Suzano warehouse deal

DP World is expanding its contract logistics platform in Brazil after securing a five-year agreement to manage warehouse and production line supply operations for...

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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...