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Iron ore slides on regulatory crackdown fears, weather disruptions

Dalian and Singapore iron ore futures dropped on Monday, as traders worried about further government intervention in the market after last week’s rally. Talk in...

Hanwha gets nod from EU for Daewoo Shipbuilding takeover

Hanwha Group received approval from the European Union on its plan to buy Daewoo Shipbuilding & Marine Engineering Co., one of South Korea’s three...

Baltic index rises on firm demand for large shipping vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday buoyed by higher rates for capesize...

Clarksons Sees Positive Sentiment in Most Shipping Segments

The latest Clarkson Research Shipping Review & Outlook notes that although their overall market “barometer”, the ClarkSea day rate index, has eased back in...

CMA CGM seeks to take over Lebanon’s postal services

CMA CGM has bid to take over Lebanon’s postal services, according to the country’s caretaker minister of telecommunications. The container line seems to be the...

Spain calls for tougher enforcement of oil transfers at sea

Spain has called for tighter scrutiny of oil transfers involving tankers at sea as the number of unregulated ships hit by sanctions grows and...

Dorian LPG Takes Delivery of Dual-Fuel VLGC under Japanese Financing Arrangement

Dorian LPG announced that it took delivery under a 13-year bareboat charter of its Dual-Fuel LPG Carrier, Captain Markos, which was delivered from Kawasaki...

China’s Demand Comeback To Help Oil Weather Banking Crisis

Oil will rebound after recent banking turmoil as demand from top consumer China is set to soar, but worries around economic growth will keep...

Euronav: Crude Tanker Market Well Positioned for Multi-Year Upcycle

Euronav NV reported its final financial results for the full year to 31 December 2022. The large crude tanker market is well positioned to start...

MSC rebrands Bolloré Africa Logistics

MSC has reinforced its continuous investment in Africa with the introduction of the AGL brand. Standing for “Africa Global Logistics”, AGL is the new name...

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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...