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Diana Shipping: Time Charter Contract for m/v Astarte With Reachy

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte. Ltd., for...

IMO: Developing a regulatory framework for autonomous shipping

As part of IMO’s work to ensure that its regulatory framework for Maritime Autonomous Surface Ships (MASS) keeps pace with rapidly evolving technological developments,...

DP World reports gross volume growth of 3.7% on a like-for-like in 1Q2023

DP World Limited handled 19.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2023, with...

Ship insurers warn of Russian oil price cap evasion, risks of ‘dark fleet’

A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers has made ship insurers...

Baltic index extends gains on strong capesize demand

The Baltic Exchange’s main sea freight index extended gains for a second-straight session on Thursday, supported by higher rates for capesize vessel segment. The overall...

Dorian LPG Declares Irregular Cash Dividend of $1.00 Per Share

Dorian LPG announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock. The total...

Dynacom Tankers linked to order for up to 14 newbuildings

According to market sources, Dynacom Tankers Management has made ten firm and four optional orders for LR2 product carriers at DSIC Shanhaiguan Shipbuilding Industry...

TOP Ships announces receipt of Nasdaq notice

TOP Ships announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated April 21, 2023, indicating that because the closing...

Smaller islands on the radar of the major luxury cruise companies

Luxury cruise companies are turning their attention to smaller, off-the-beaten-path destinations, according to discussions at the 7th Posidonia Sea Tourism Forum, held in Thessaloniki,...

London Marine Insurers Add Sudan to High Risk List

London’s marine insurance market added Sudan to its of areas deemed high risk this week amid further fighting in the conflict-ridden African country, according...

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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...