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ONE CEO Says US-China Tensions Add to Global Trade Shifts

Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway...

Iron ore slump deepens on China demand worries, ample supply

Iron ore futures slumped to fresh four-month lows on Monday as weak steel demand in China prompted a production slowdown, while major miners’ latest...

Baltic index ticks up on firm capesize, supramax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Monday, aided my higher rates for...

SFL announces sale of suezmax tanker

SFL Corporation announced that it has sold and delivered the 2010-built suezmax tanker Everbright to an unrelated third party. The net sale proceeds to SFL...

Ship-to-Ship Transfers of US Crude to Impact Global Oil Benchmark Pricing

US crude transferred from bigger to smaller tankers will contribute to pricing of the world’s most important oil benchmark, removing what traders saw as...

Commodities seen supported by rising China demand, tight global supply

After a weak first quarter, the commodity market has picked up some tailwinds this month on signs of strengthening demand from China and as...

U.S. buys Brazilian soybeans after price drop – shipping data

A drop in prices due to abundant local supplies is making Brazil an attractive origin for soybeans, with at least two vessels carrying a...

Black Sea grain deal could start winding down next week ahead of ‘expected’ closure

A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve...

Port of Hedland Iron Ore Exports 2% Down in March 2023

Pilbara Ports Authority has delivered a total monthly throughput of 62.1 million tonnes (Mt) for March 2023. This throughput was a three per cent increase...

Excelerate concludes FSRU buy from Maran Gas

Excelerate Energy has completed the acquisition of 173,400 cbm FSRU Sequoia from Maran Gas at the price of USD 265 million. The FSRU is currently...

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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...