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Strongest September On Record At Port Of Long Beach

The Port of Long Beach achieved its busiest September on record, boosted by consumer demand for holiday-related goods, recent ratification of a labor pact...

EXMAR, ENI & Dry Docks World Dubai Celebrate The Sail Away Of Tango FLNG & Excalibur FSU Vessels To Congo

In the presence of the Ministry of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua, senior representatives from EXMAR, Eni and Dry...

Iron ore buyers bet bad China property news is actually good

Iron ore investors appear to be taking the view that bad news is actually good news, bidding up the spot price even as the...

Deutsche Bank sets emissions targets for coal, cement, shipping clients

Deutsche Bank has set emissions reduction targets for loans to clients in the coal mining, cement and shipping sectors and now has a net-zero...

Hapag-Lloyd, Norsul to launch new JV for cabotage business in Brazil

Hapag-Lloyd and the Brazilian shipping and waterway logistics company Norsul have set up a new joint venture called “Norcoast”. Based on a 50-50 partnership,...

NAT Announces Purchase of Suezmax Tanker

Nordic American Tankers announced a purchase agreement for a suezmax tanker. The vessel was built by a yard in South Korea and has been operated...

Pyxis: Valentis sees strong product tanker demand through 2024

Pyxis Tankers chairman and CEO Valentios Valentis spoke to Thomas Warner from Proactive Investors about how the tanker operator has been performing since his...

Strongest September on Record at Port of Long Beach

The Port of Long Beach achieved its busiest September on record, boosted by consumer demand for holiday-related goods, recent ratification of a labor pact...

Suezmax rates in Med spike on support from USGC, West Africa

Suezmax dirty tanker freight rates for deliveries on routes across the Mediterranean have spiked over the past week, in line with big rises in...

Russia’s western sea port oil exports seen falling as refinery runs rise – sources

Russia’s oil exports via its western sea ports in November may fall by some 300,000 barrels per day (bpd) after ample supplies in September-October...

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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...