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Dorian LPG Announces Sale of VLGC “Captain Markos NL”

Dorian LPG, a leading owner and operator of modern and ECO very large gas carriers, announced that it entered into an agreement to sell...

Northern Drilling cancels DSME rig resale

West Aquila Inc., the 100% owned subsidiary of Northern Drilling Ltd, has notified Daewoo Shipbuilding & Marine Engineering Co. Ltd (“DSME”) that it has...

Baltic index rally gains steam on rising demand across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth straight session on Tuesday,...

BHP: Mining giant to leave London’s FTSE 100 for Sydney

Mining giant BHP is set to leave the FTSE 100 index after unveiling plans to scrap the dual listing of its shares in London...

Flex LNG sees Q2 revenue drop; seals charter extension

Flex LNG Ltd. announced its unaudited financial results for the second quarter and six months ended June 30, 2021. Highlights: • Revenues of $65.8 million for...

Jinhui Posts 275% Rise in Second Quarter Revenues

The Board of Jinhui Shipping and Transportation Limited announced unaudited condensed consolidated results of the Company and its subsidiaries for the quarter and six...

Chinese ports choke over ‘zero tolerance’ COVID-19 policy

Several Chinese ports are facing congestion as vessels due to call at Ningbo are bing diverted and cargo processing is slowed partly due to...

Chinese Shipbuilders to see surge in orders this year

China’s shipbuilding sector will enter a high-growth period this year, driven by soaring demand of global maritime trade and many shipping groups’ moves to...

Danaos Announces New Charters for 10 Vessels; Increases Contracted Backlog to Over $2 Billion

Danaos announced that it has entered into new charter agreements for 10 of its vessels, including one 8,500 TEU vessel, three 3,400 TEU vessels...

Seaspan to Redeem Remaining Fairfax Senior Notes

Seaspan Corporation, a wholly owned subsidiary of Atlas Corp., announced its intention to redeem all of its remaining 5.50% senior notes held by certain...

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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...