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Singapore carries out ship-to-ship bunkering of close to 1,340 metric tons of blended methanol

Singapore is one step closer to developing its full capability to deliver methanol bunkering at a commercial scale. Close to 1,340 metric tonnes (MT)...

Cyprus scraps $1.2 billion port concession, claiming contract breach

Cyprus has scrapped a 1.2 billion euro concession agreement for the development of Larnaca port, claiming on Monday the operator awarded the project in...

Paris wheat hits one-year highs on Black Sea crop outlook

European wheat futures climbed to their highest in more than a year on Monday as worries grew over Black Sea supplies after reduced harvest...

CV Platform and Adopt a Ship gateways leading to maritime professions through Project Connect, participate in Posidonia 2024

The educational program Adopt a Ship managed in Greece by NPO Project Connect, aims to preserve traditional seamanship, a valuable heritage for Greeks since...

Seatrium secures FPSO newbuild contracts P-84 and P-85 from Petrobras

Seatrium, a global provider of engineering solutions to the offshore, marine, and energy industries, has won an international tender from Brazil’s National Oil Company,...

United Maritime reports Q1 revenue increase

United Maritime Corporation has released its financial results for the first quarter of 2024, highlighting a significant rise in net revenues to $10.6 million...

CMB.TECH and Damen ink agreement for four hydrogen-powered tugs

CMB.TECH and Damen announced their collaboration on hydrogen-powered ASD Tugs. Built by Damen, these vessels use CMB.TECH's innovative dual fuel hydrogen technology that will...

Port of Tanjung Pelepas inks deals for 11 ULCV capacity quay cranes

Port of Tanjung Pelepas SdnBhd (PTP), a joint venture between the MMC Group and APM Terminals in Malaysia, has signed an agreement with Shanghai...

IMO condemns “illegal, unjustifiable” attacks on ships in Red Sea

Member States of the International Maritime Organization (IMO) – the UN agency that regulates global shipping – have called for an immediate end to...

US drillers cut oil and gas rigs for fourth time in five weeks – Baker Hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services...

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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...