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Euroseas posts strong profit; focus on newbuilding deliveries

Euroseas announced its results for the three-month period ended March 31, 2023 and declared a common stock dividend. First Quarter 2023 Financial Highlights: Total net revenues...

VARD secures contract for two CSOVs for Purus Wind

VARD announced it has signed a contract for the design and construction of two Commissioning Service Operation Vessels (CSOVs) for UK based Purus Wind....

Cheniere, KOSPO Sign Long-Term LNG Sale & Purchase Agreement

Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced that Cheniere’s subsidiary, Cheniere Marketing International LLP (“Cheniere Marketing”), has entered into a...

Golden Ocean Posts $8.8 Million Net Loss in First Quarter  

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March...

Maersk completes divestment of Maersk Supply Service

A.P. Moller – Maersk (Maersk) announces the completion of its divestment of Maersk Supply Service (MSS), a leading provider of global offshore marine services...

Port Hedland Iron Ore Exports Down 5% in April

Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 57.7 million tonnes (Mt) for April 2023. This throughput was a two per cent...

Intermodal Weekly Market Report [W19]

India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for...

Baltic index extends losses on weaker vessel demand

The Baltic Exchange’s main sea freight index fell to its lowest in nearly four weeks on Tuesday, pressured by lower rates across vessel segments. The...

Tina Revsbech returns to Maersk Tankers in CEO role

Maersk Tankers has appointed Tina Revsbech as the shipping company’s chief executive officer, succeeding Christian M. Ingerslev. Revsbech has previously been head of chartering and...

Diana Shipping Announces Time Charter Contract For m/v Medusa

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

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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...