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5,800 ships of the Greek-owned fleet in 174 countries

The Greek fleet made more than 160,000 calls in 174 countries in 2023, confirming the global footprint and geoeconomic importance of the sector. As reported...

Panama seizes two key ports from Hong Kong group amid U.S.-China canal dispute

Hong Kong conglomerate CK Hutchison said Tuesday that Panama authorities had threatened its employees with criminal prosecution if they defied orders to leave two...

Cheniere celebrates 10 years of LNG exports

Cheniere Energy, Inc. celebrates the 10th anniversary of its first export cargo of liquefied natural gas. On February 24, 2016, Cheniere loaded the Asia Vision...

Matson, Inc. announces fourth quarter and full year 2025 results; provides 2026 outlook

Matson, Inc., a leading U.S. carrier in the Pacific, reported net income of $143.1 million, or $4.60 per diluted share, for the quarter ended...

DHT Holdings, Inc. secures one-year time charter for DHT Redwood

DHT Holdings, Inc. announced it has entered into a one-year time charter agreement at $105,000 per day for the VLCC DHT Redwood, built in...

Middle East oil exports push tanker costs to 6-year-high amid threat of US-Iran war

The cost of shipping oil has surged to the highest in six years, fuelled by a wave of crude exports from the Middle East...

Saipem awarded a new offshore contract in Saudi Arabia worth approximately $500 million

Saipem has been awarded an additional offshore contract in Saudi Arabia under its existing Long-Term Agreement with Aramco. Saipem’s scope of work includes the Engineering,...

Panama officially cancels CK Hutchison port concessions, clearing path for Maersk

Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing...

MISC’s LNG profit to rebound on newbuilds despite weak spot rates

MISC Bhd’s liquified natural gas (LNG) pre-tax profit is likely to recover from this year onwards due to progressive newbuilding deliveries. CGS International Securities Malaysia...

Uni-Fuels expands Southeast Asia footprint with new regional office in Thailand

Uni-Fuels Holdings Limited, a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels Co., Ltd., its newly incorporated regional...

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Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

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...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

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...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

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...