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Iron ore climbs to multi-week high on lower shipments, hopes of China stimulus

Iron ore futures prices extended their rise to hit the highest level in multiple weeks on Monday, bolstered by an obvious reduction in shipments...

Iran says MSC Aries vessel seized for ‘violating maritime laws’

A Portuguese-flagged cargo ship, the MSC Aries, was seized by Iranon April 13 for ”violating maritime laws”, Iran’s foreign ministry said on Monday, adding...

Port of València export freights grow by 2.13% in March

Export freights from the Port of València stabilised in March and experienced a slight increase of +2.13%. This is reflected in the València Containerised...

Baltic index steady as gains in smaller vessels counter weaker capsize

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, were little changed on Monday as gains in smaller...

Trafigura to commercially deploy Daphne Technology’s PureMetrics™ on LNG carrier for precise MRV and optimisation of GHG emissions

Daphne Technology proudly announces a significant milestone. The company has been selected by Trafigura, a market leader in the global commodities industry, for its...

Iranian troops descend from helicopter to seize Israel-linked ship

Iran has seized a commercial ship with links to Israel as it passed through the Strait of Hormuz early on Saturday. The MSC Aries was...

TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC

TOP Ships Inc. an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced that it will transfer the listing of its...

C3is Announces Agreement to Acquire Handysize Bulk Carrier from an Affiliated Company

C3is Inc. announced that it has entered into an agreement to acquire the Bulk Carrier Eco Spitfire for $16.19 million from Brave Maritime, an...

Container Freight Rates Stabilizing

While container spot rates on the Asia-Europe and Asia-North America trades continued to remain elevated, year on year, due to the Red Sea crisis,...

Flex LNG – Time Charter for Flex Endeavour extended to 2032

Flex LNG, Ltd. announced that the charterer of Flex Endeavour has exercised an option to extend the firm period of the Time Charter by...

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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...