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Europe Gas Rises With Supply Risks as LNG Cargoes Idle at Sea

Liquefied natural gas stored on ships jumped to its highest level since May in a sign that weak demand and high inventories in Europe...

FuelEU Maritime Initiative: Council adopts new law to decarbonise maritime sector

More renewable and low-carbon fuels will reduce the carbon footprint of the maritime sector in the EU following today’s adoption of a new regulation...

Intermodal Weekly Market Report [W29]

The recent commitment from Russia and Saudi Arabia to production cuts, coupled with Saudi Aramco's consecutive increase in OSPs to Asian customers, has prompted...

Iron ore futures rally on China stimulus pledge

Iron ore futures rose on Tuesday, as China’s pledge to provide more support for its flagging economy lifted sentiment, while expectations of a possible...

Baltic index drops to lowest in over seven weeks

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended declines on Tuesday pressured by lower demand for...

ABS Board of Directors Elects John McDonald President

ABS Chairman and Chief Executive Officer, Christopher J. Wiernicki, and the Board of Directors have announced that John McDonald was elected President of ABS...

New Appointments to TT Club Boards

Morten Engelstoft has been elected as the new Chairman of TT Club as Ulrich Kranich retires.  Three new Directors also announced. The liability insurance provider...

Nearly 30 Ships Stop Around Ukraine’s Izmail Gateway After Russian Danube Strikes

Almost 30 ships dropped anchor near Ukraine’s crucial Izmail port terminal after Russia destroyed grain warehouses on the Danube river on Monday, data showed,...

UK announces historic boost to seafarers’ rights & welfare

Thousands of seafarers will be guaranteed fair wages, proper rest periods and suitable training thanks to a new Seafarers’ Charter launched by the UK...

Baltic index slips to over 1-1/2 month low on weaker vessel rates

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell to its lowest since early June on Monday...

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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...