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Iron ore slides on disappointing China data, dim near-term demand outlook

Iron ore futures prices slid on Monday after a batch of economic data in top consumer China undershot expectations and as floods and high...

PPA: Two-day workshop on the preparation of the Regulation for tugboats

On May 29 and 30, 2024, PPA conducted an interactive workshop for the study and preparation of the Regulation for tugboats, following the issuance...

Baltic Index flat as gains in smaller vessels offset weaker capesize

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was steady on Monday as gains in the...

US oil refining capacity rises for second year in a row

U.S. crude oil refining capacity rose 1.5% to 18.38 million barrels per day (bpd) this year, a government report showed on Friday as a...

Subsea7 awarded a contract for the Bittern field in the UK North Sea

Subsea7 announced the award of a sizeable1 contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190km east of Aberdeen...

Yemen’s Houthis say they attacked two ships and American destroyer

Yemen’s Houthis said on Sunday that they had attacked two civilian ships along with an American destroyer in the Red Sea and Arabian Sea,...

Euronext wheat slips to new one-month low

European wheat futures fell to a new one-month low as the start of harvesting in the northern hemisphere took attention away from weather damage...

Singapore marine bunker sales rebound after sliding four months

Marine bunker fuel sales in Singapore rebounded in May after logging monthly declines for four consecutive months, data showed on Friday. Bunker sales for May...

Zero Emission Port Alliance onboards leading organisations in container port industry

The Zero Emission Port Alliance (ZEPA) announces the onboarding of 11 organizations from the container port industry. Among the members are APM Terminals, CATL,...

Diana Shipping announces time charter contract for m/v Myrsini with Cobelfret

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

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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...