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Dry bulk: profits surge to multi-year highs as pandemic related demand & disruptions linger

Heading into the seasonally strongest part of the year, dry bulk owners have already enjoyed a very profitable year with the temporary factors helping...

Seanergy Takes Delivery of its 17th Capesize

Seanergy announced that it took delivery of the previously-announced Capesize vessel acquisition, the M/V Worldship. The Vessel is a 181,415 dwt Capesize bulk carrier,...

Petrobras puts Urugua and Tambau oilfields up for sale

Brazil's state-run oil company Petrobras said on Wednesday it has put up for sale its Urugua and Tambau oilfields, both located in the Santos...

HHI proves popular as retail investors get their chance

The two-day public subscription period for Hyundai Heavy Industries’ (HHI) initial public offering (IPO) began Tuesday with the company attracting over 5.5 trillion won...

Yang Ming Adds One More 11,000 TEU Ship to Upgrade Trans-Pacific Service

Yang Ming will add one more new 11,000 TEU container vessel, ‘YM Topmost’. The vessel chartered from Shoei Kisen Kaisha, Ltd. and built by...

Piraeus port refilled with vitality under BRI cooperation – report

Over a decade ago, when Greece was trapped in a severe debt crisis and close to bankruptcy, Piraeus was still a decaying port standing...

China’s August soybean imports fall on flat demand

China’s soybean imports fell in August from the same month a year ago, customs data showed on Tuesday, as low crushing margins and high...

Euroseas: Charter Contract for M/V Synergy Oakland

Euroseas announced a new time charter contract for its container vessel M/V Synergy Oakland. Specifically, M/V Synergy Oakland, a 4,250 TEU vessel built in...

Wilhelmsen Ship Management moves JV from Cyprus to Athens

The relocation of Diana Wilhelmsen Management Limited (DWM) from Cyprus to Athens was announced by Wilhelmsen Ship Management (WSM). Wilhelmsen Ship Management, a company of...

Euroseas Announces Acquisition of 1,740 TEU Containership & 3-year Charter

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced announced that it has agreed to...

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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...