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John Fredriksen Becomes Largest Euronav Shareholder

John Fredriksen has increased his position in Euronav to become the largest shareholder of the Belgium tanker company. According to a new SEC filing, Famatown...

Port Of New York And New Jersey Regains Top Spot As Busiest US Port

The Port Authority of New York and New Jersey today announced that the Port of New York and New Jersey moved the most cargo...

Intermodal Weekly Market Report [W13]

This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourage higher consumption...

OPEC+ may spur U.S. crude oil exports, tick production higher

OPEC’s surprise oil production cuts could lead to higher demand for U.S. oil in Europe and Asia and could encourage some other producers to...

Iron ore extends losses on weak steel demand, China intervention fears

Dalian and Singapore iron ore futures fell for a second session on Tuesday, pressured by higher shipments, weak steel demand in the traditionally peak...

Baltic index extends gains on firm larger vessels demand

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

Stolt Tankers orders chemical tankers at Wuchang Shipbuilding

Stolt Tankers’ joint venture in China, Shanghai SC-Stolt Shipping Ltd (SSCSSL) has signed a contract with Chinese shipbuilder Wuchang Shipyard to build two chemical...

Castor Maritime Announces Sale of M/V Magic Moon for $13.95 Million

Castor Maritime, a diversified global shipping company, announced that on March 23, 2023, it entered into an agreement with a third party for the...

Saverys Plan to Buyout Exmar

Exmar NV has been informed by Saverex NV (“Saverex”) that Saverex intends to launch a voluntary and conditional public takeover bid for all shares...

Scorpio Tankers Announces Repurchases of Its Common Shares

Scorpio Tankers announced that it has repurchased its common shares in the open market. Recently, the Company purchased 1,269,864 of  its common shares  in the ...

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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...