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CMA CGM concludes strategic vessel order and launches a dedicated R&D hub in India, further Strengthening the country’s Maritime and Logistics Ecosystem

In the presence of Shri Shantanu Thakur – Minister of State at the Ministry of Ports, Shipping and Waterways, and the CMA CGM Group’s...

Port of Los Angeles January cargo eases compared to elevated 2025 levels

The Port of Los Angeles processed 812,000 Twenty-Foot Equivalent Units (TEUs) in January, a decrease of 12% compared to last year’s cargo levels.  “There are...

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

DHT Holdings, Inc., announced it has entered into a one-year time charter agreement at $90,000 per day for the VLCC DHT Opal, built in...

A.P. Moller Capital Morocco holds final closing on local transport and logistics fund

A.P. Moller Capital’s local fund management company, APM Capital Morocco S.A has held a final closing on APM Capital Morocco Fund, a Morocco-focused transport...

DP World and APM Terminals announce strategic partnership at Jeddah Islamic Port

DP World and APM Terminals, an independent subsidiary of A.P. Moller–Maersk, today announced a strategic partnership in the Southern Container Terminal at Jeddah Islamic...

MISC to deliver and operate Papua New Guinea’s First Floating Storage & Offloading Unit

MISC Group announced its maiden entry into Papua New Guinea, having secured long-term Bareboat Charter and Operations & Maintenance contracts with ExxonMobil PNG Limited...

Okeanis Eco Tankers Corp. reports financial results for the fourth quarter and twelve-month period of 2025

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the fourth quarter and twelve-month period of 2025, which are attached to this...

Costamare posts net income of $371m for FY2025

Costamare reported a net income from continuing operations of $371 million for the year ending December 31, 2025.

Norwegian Cruise Line Holdings To Build 3 New Cruise Ships at Fincantieri

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, announced...

United Maritime Executes Value-Accretive Transactions, Generating Significant Liquidity and Investment in Capesize Sector

United Maritime Corporation announced a series of coordinated transactions that materially upgrade its earnings profile, enhance free cash flow potential, and underscore United’s disciplined,...

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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...