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Intermodal Weekly Market Report [W6]

 Libya’s oil sector is gaining renewed momentum in 2026, following a series of strategic developments that took place recently at the Libya Energy &...

Transocean to acquire Valaris

Transocean and Valaris announced on Monday that they have entered a definitive agreement to combine the two offshore drilling companies, with Transocean acquiring Valaris...

BW LPG Limited secures three-year time Charter-Out contracts for two VLGCs

BW LPG Limited announced that it has entered into three-year time charter-out contracts for two of its VLGCs, BW Tucana and BW Yushi. The...

HD KSOE’s Q4 net profit rises sharply on strong shipbuilding sales

HD Korea Shipbuilding & Offshore Engineering (KSOE) Co., a subholding company of shipbuilding giant HD Hyundai Co., said Monday its fourth-quarter net profit rose...

EGC and Trafigura ship copper and cobalt to global markets via the Lobito Atlantic Railway

Entreprise Générale du Cobalt and Trafigura have agreed the first delivery of copper and cobalt to global markets via the Lobito Atlantic Railway, marking...

Hapag-Lloyd says 2025 transport volume up 8%, to 13.5 million TEU

On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group...

Saudi: Bahri generates $640mln net profits in 2025; revenues surge 47% in Q4

National Shipping Company of Saudi Arabia (Bahri) achieved a record SAR 2.43 billion worth of net profits in 2025, which signaled a 12.07% growth...

Danaos posts strong financial results; orderbook grows

Danaos Corporation, one of the world's largest independent owners of container vessels, reported unaudited results for the period ended December 31, 2025.  For management purposes,...

Australian Ports closed due to Cyclone Mitchell

Tropical Cyclone Mitchell intensified on Sunday, Australia’s weather bureau said, as it tracked towards the country’s remote northwest, home to the world’s biggest iron-ore...

DOF Group ASA – Contract award for well intervention services in North America

DOF Group ASA announced a Substantial* contract award with Shell Offshore Inc. for the provision of Hydraulic Subsea Well Intervention Services. Under the contract, DOF’s...

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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...