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Greece: Christos Stylianidis to be appointed new Shipping Minister

Greece’s Shipping Minister, Miltiadis Varvitsiotis, announced his resignation on Monday, a few days after the death of a ferry passenger who was forcefully pushed...

Maersk Taps Investors for First Dollar-Denominated Green Bond

Shipping giant A.P. Moller-Maersk A/S is selling dollar-denominated green bonds for the first time ever, the latest company to test investor appetite in a...

Iron ore rebounds on improved China data, resilient demand

Iron ore futures rebounded on Monday as improved China economic data lifted sentiment dented by Beijing’s pledge last week to step up regulatory oversight...

Baltic index hits three-week high on sturdy demand across vessel segments

The Baltic Exchange’s main sea freight index tracking rates for ships ferrying dry bulk commodities, rose to its highest level in three weeks on...

Capital Gas orders world’s largest ammonia carriers

Capital Gas Ship Management Corp. announces the order for the world’s first two 88,000 CBM (㎥) very-large ammonia carriers (VLAC) with KSOE. The innovative...

Equinor, Maersk partner up to ensure continued green methanol supply for the world’s first methanol-enabled container vessel

A.P. Moller - Maersk (Maersk) and Equinor have signed an agreement securing supply of green methanol for Maersk’s landmark, new methanol-enabled feeder vessel during...

EU Takes Aim at Russian ‘Cynicism’ On Black Sea Grain Deal At G20

The European Union castigated Russia on Saturday for pulling out of the Black Sea grain deal, calling its offer of a million tons of...

Greece, China boost cooperation on shipping finance

Cooperation between Greece and China on shipping finance is set to receive a boost, after a conference held at the major Greek port of...

LNG suppliers pin hopes on China for long-term demand

Suppliers of liquefied natural gas (LNG) are betting on China to drive demand for the super-chilled fuel over the longer term despite last year’s...

OPEC+ output rises 120,000 b/d in August despite Saudi, Russia restraint: Platts survey

OPEC+ crude oil output grew by 120,000 b/d in August as by increases in Iran, Iraq and Nigeria more than offset further reductions by...

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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...