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Baltic index extends decline on capesize weakness

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a three-week low on Wednesday, weighed down...

One dead, four missing after two cargo ships collide in North Sea

One person has died and four are missing from the crew of a cargo ship that sank after colliding with another vessel in the...

Seaway7 awarded contract offshore Poland

Seaway7, part of the Subsea7 Group, confirmed the award of a substantial contract by Equinor and partner Polenergia for the inter-array cables of the MFW...

Eneti Signs Installation Contract for Newbuild WTIV

Eneti announced that Seajacks UK Limited, a wholly-owned subsidiary of the Company and a leading provider of installation and maintenance vessels to the offshore...

Crowley Moves to Launch First-Ever LNG Bunkering at Panama Canal’s Pacific Side

Global shipping and sustainable energy logistics leader Crowley is proceeding with plans to provide liquefied natural gas (LNG) bunkering services on the Pacific side...

Russia strikes deal with Dubai’s DP World to develop Arctic sea route

Russian nuclear agency Rosatom has set up a joint venture with Dubai’s DP World to develop container shipping through the Arctic as part of...

Intermodal Weekly Market Report [W42]

As we approach the end of October, we are beginning to see the seasonality in the soybean and corn trade...

Baltic index falls for 4th straight day on weaker capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecu-tive session on Tuesday, following...

Castor sells pair of panamax bulkers

Castor Maritime, a diversified global shipping company, announces that on October 6, 2023 and October 16, 2023, respectively, the Company entered into two separate...

Port Of Los Angeles Cargo Volume Increases Again In September

For the second consecutive month, Port of Los Angeles cargo volume increased compared to 2022. The Port handled 748,440 Twenty-Foot Equivalent Units (TEUs) in...

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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...