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Ship insurer Britannia is helping in Baltimore bridge probe

Britannia, the insurer of container ship the Dali, is working with the vessel’s owner and U.S. authorities on the investigation into the collapse of...

Maersk: More and more shippers take action on seaborne GHG emissions

Shippers are increasingly taking action to eliminate greenhouse gas (GHG) emissions from their logistics. The latest numbers of Maersk’s ECO Delivery Ocean product are...

Drewry: World Container Index Down by 3% Last Week

Detailed assessment for Thursday, 28 March 2024: The composite index decreased by 3% to $2,929 per 40ft container this week and has increased by 71%...

Baltic index posts worst week in more than two months

The Baltic Exchange’s main dry bulk sea freight index extended declines on Thursday to post its worst week since early January, pressured by weaker...

Hafnia files for listing on New York Stock Exchange

Hafnia Limited announced that it has publicly filed a registration statement on Form 20-F with the U.S. Securities and Exchange Commission, with the intention...

Insurers could face losses of up to $4 billion after Baltimore bridge tragedy, analyst says

Baltimore’s Francis Scott Key Bridge collapse could cost insurers billions of dollars in claims, analysts say, with one putting it at as much as...

Cruise Division of MSC Group Further Strengthens Greece Offering

MSC Cruises and Explora Journeys to make over 400 calls to Greek ports in 2024, supporting local tourism economy Greek ports feature on itineraries of...

Carnival rides on record cruise demand to lift annual profit forecast

Carnival Corp opens raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in...

Iron ore slides to over one-week low on lingering China demand concerns

Iron ore futures prices extended losses on Wednesday to their lowest levels in more than one week, pressured by persistent concerns about demand in...

Dynacom linked to suezmax order in China

Dynacom Tankers has reportedly placed an order at New Times Shipbuilding for a series of suezmax tankers at an undisclosed price. Specifically, the company is...

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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...