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Panama Chaos Grows as US Diesel Shippers Bypass Canal

The worsening bottlenecks at the drought-stricken Panama Canal are pushing at least one US diesel shipper to sail around the tip of South America...

Seaspan enters new market segment with strategic order of new dual-fuel LNG Pure Car and Truck Carrier vessels

Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready,...

Intermodal Weekly Tanker Report [W48]

Over recent weeks, there has been a significant increase in earnings for dry bulk cargo transport across all sectors, with particular attention on Capesize...

ERMA FIRST Awarded Approval In Principle From DNV For OCC System

ERMA FIRST, a leading sustainable maritime solutions provider, has received Approval in Principle (AiP) from DNV for its amine absorption-based Onboard Carbon Capture (OCC)...

Dalian iron ore futures slip on concerns over market supervision

Dalian iron ore futures declined on Tuesday on lingering fears of China’s supervision of the markets to ensure price stability, though analysts cautioned that...

Baltic index snaps 8-session winning streak as larger vessel rates fall

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities plunged on Tuesday, snapping an eight-session-long winning...

Celestyal awarded “Passenger Line of the Year” at Lloyd’s List 20th Annual Greek Shipping Awards

Celestyal, the award-winning, number one choice for cruise travelers to the Greek islands and beyond, has achieved another remarkable distinction. At the prestigious 20th...

Maersk Tankers orders up to 10 ammonia carriers

Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea. The order...

Wärtsilä introduces four methanol engines

Technology group Wärtsilä will introduce another four methanol engines to its portfolio, setting a new industry benchmark with the broadest methanol engine portfolio currently...

Awilco LNG refinances ships in leasback deal

Awilco LNG announcde that a term sheet for refinancing of the Company’s two 2013-built 156,000 cbm TFDEs WilForce and WilPride has been agreed and...

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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...