CMA CGM SA, the world’s third-largest container line, is expecting a decline in ocean freight rates as new vessel deliveries gather pace, boosting capacity...
Container throughput improved to 1.9 million TEU in the first quarter of 2024 – despite tense geopolitical and economic conditions. USA traffic continued to...
IMPERIAL PETROLEUM INC. a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results...
OceanPal announced that it has entered into a Support Agreement with Sphinx Investment Corp. an affiliate of George Economou, which owns approximately 14.1% of...
At approximately 1 a.m. (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea and struck M/T Wind,...
Seadrill Limited announced that it has entered into a definitive agreement to sell three jack-up rigs—the West Castor, the West Telesto and the West...
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...
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...
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...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
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...
