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Samudera Shipping’s H2 2025 profit down 30.2% at US$34.9 million; special dividend proposed

Samudera Shipping posted a 30.2 per cent drop in net profit to US$34.9 million for H2 FY2025, from US$50 million in the year before. This...

International Seaways reports fourth quarter and full year 2025 results

International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the...

Capital Clean Energy Carriers: Commencement of trading of new common bond loan

The Athens Stock Exchange welcomed today the Management, executives and associates of Capital Clean Energy Carriers on the commencement of trading of its new...

Cruise tourism supports 445,000 jobs and contributes €64.1 billion to Europe’s economy

· The cruise industry supports a broad European industrial and tourism ecosystem, delivering tangible benefits across national and local economies · Cruises promote peripheral destinations,...

APM Terminals begins temporary operations at the Port of Balboa in Panama

APM Terminals has begun temporary operations at the Port of Balboa (Pacific side) in Panama for a period of up to 18 months. During...

Excelerate Energy reports record full year results for 2025, provides 2026 outlook

Excelerate Energy, Inc. reported its financial results for the fourth quarter ended December 31, 2025. RECENT Highlights Reported Net Income of $39.1 million for the fourth...

London P&I Club sees continued growth in latest renewals update

The London Club reports another positive renewal which has once again indicated a clear vote of confidence in the Club. "The strength of our...

Greek shipping shares soar in US market due to strong freight rates

The global tanker market is going through a period of intense momentum, with freight rates moving at levels that dramatically boost companies’ cash flows...

Seatrium doubles FY2025 net profit to s$324 million lifted by margin expansion

Seatrium Limited has delivered net profit of S$323.6 million for the financial year ended 31 December (“FY”) 2025, a 106% increase from S$156.8 million...

Euroseas posts strong quarterly results

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, reported the following results for 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...