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Carnival Corporation to strategically align portfolio and absorb P&O cruises Australia into carnival cruise line

Carnival Corporation & plc, the world's largest cruise company, announced that in March 2025, the company will sunset the P&O Cruises Australia brand and...

Transocean announces $161 million in contract extensions and exercised options for harsh environment semisubmersibles

Transocean announced contract fixtures for three of its harsh environment semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog. In Norway, Transocean...

Iron ore nears seven-week low as weak fundamentals weigh

Iron ore futures extended falls onTuesday to their lowest levels in nearly seven weeks, as signs of weakening in both near-term demand and mid-to-long...

PPA S.A.: Vibrant and engaging presence at Posidonia 2024

PPA S.A. once again showcases its vibrant and engaging presence at the prestigious Posidonia 2024 international shipping exhibition. Drawing a diverse array of visitors from...

Baltic index inches up on capesize gains

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Tuesday as the capesize vessel...

Navigating regulatory challenges: Industry leaders discuss shadow fleet, decarbonisation and prospects of energy shipping at Posidonia 2024

Shipping elite debates age of transition at prestigious Tradewinds Shipowners Forum. During a riveting opening panel session of the Tradewinds Shipowners Forum at Posidonia 2024,...

Panama presents its elevated maritime sector at the world’s biggest shipping exhibition, Posidonia 2024

Panama’s prominent role in the maritime and logistics sector, along with its compelling investment opportunities, will be highlighted at Posidonia 2024, the world’s most...

Greek PM pledges Greek shipping industry support

Prime Minister Kyriakos Mitsotakis addressed the opening ceremony of the maritime exhibition "Posidonia 2024" at the Metropolitan Expo exhibition center on Monday, emphasizing his...

Posidonia 2024 opens for business

With a record number of exhibitors and a packed conference programme Posidonia’s 28th edition welcomes global maritime community to home of shipping. In the presence...

Diana Shipping announces time charter contract for m/v Electra with Aquavita

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...