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Top Ships Announces Spin-Off Creating New Suezmax Tanker Company

TOP Ships announced the filing of a registration statement on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”) in connection with...

S. Korea: Big 3 Clinch Orders Worth 136 Trillion Won

HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, three major Korean shipbuilders, have accumulated orders worth over 130 trillion won. Having secured...

Baltic index hits near 4-week peak on capesize strength

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a near four-week high on Wednesday, supported...

J. Lauritzen orders methanol dual-fuel bulkers in Japan

J. Lauritzen, a Danish investment company focused on maritime industries, has signed a letter of intent (LoI) with Japanese shipbuilder Tsuneishi Shipbuilding for the...

Dynagas Partners reports $9.6 million Net Income in Q1

Dynagas LNG Partners LP announced its results for the three months ended March 31, 2023. Quarter Highlights: Net Income and Earnings per common unit (basic and...

Capital Gas Ship Management: LNG/C “Aristarchos’’ flies the Greek flag

Capital Gas Ship Management Corp. has successfully completed the registration process of the LNG Carrier ‘Aristarchos’ (‘ΑΡΙΣΤΑΡΧΟΣ’) to the Greek registry. ‘Aristarchos’ is now...

China’s May coal imports from Australia recover to pre-ban levels

Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against an uncertain macroeconomic backdrop...

Intermodal Weekly Market Report [W24]

The shipping decarbonization pathway is well underway...

Baltic index gains on higher capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Tuesday, buoyed by gains in the...

N. Tsakos (TEN) interview: Shipping grows in open seas

Nikolas Tsakos, founder President & Chief Executive Officer of Tsakos Energy Navigation (TEN), a pioneering shipping company celebrating its 30th anniversary as a publicly...

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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...