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CMA CGM flags tough year ahead as shipping faces overcapacity, falling demand

The container shipping industry is bracing for a challenging year as new vessels boost capacity while demand slows, French group CMA CGM said on...

Taekwang teams up with major U.S. fund to enter K Shipbuilding acquisition battle

Taekwang Group has entered the acquisition battle for K Shipbuilding alongside Texas Pacific Group (TPG), a global private equity fund (PEF). According to the investment...

MSC Cruises announces two new world class ship orders during double celebration with Chantiers de l’Atlantique

MSC Cruises and Chantiers de l’Atlantique announced a major extension of their long-standing relationship with orders for two additional World Class ships – numbers...

DeepOcean awarded installation work on gas project by Equinor

Ocean services provider DeepOcean has been awarded a contract by Equinor to provide various subsea construction and installation activities as part of the Snorre...

Prosafe SE: Safe Caledonia further extended at Captain

Ithaca Energy (UK) Limited has exercised a further seven weeks of options for the Safe Caledonia to continue providing accommodation support at the Captain...

Solstad Maritime ASA – Contract award for CSV Normand Ocean

Solstad Maritime ASA (SOMA) announced that the Construction Support Vessel Normand Ocean has been awarded a new very large contract* with DeepOcean AS. The contract...

2020 Bulkers Ltd. (2020) – Results for the third quarter of 2025

2020 Bulkers Ltd. announced its unaudited financial and operating results for the three and nine months ended September 30, 2025. Key events during the third...

WALLENIUS SOL and Holmen enter long-term shipping partnership for paperboard exports

WALLENIUS SOL and Holmen have signed a long-term shipping agreement covering exports of premium paperboard from Holmen’s mill in Iggesund, Sweden. Under the new agreement,...

Marco Polo Marine secures $198 mil contract to build oceanographic research vessel for Taiwan’s NAMR

Marco Polo Marine, a reputable regional integrated marine logistics company, is pleased to announce that its wholly-owned subsidiary, Marco Polo Shipyard Pte Ltd (“Marco...

Contships: Higher revenue and dividend distribution of 20 million dollars in 9 months

Contships Logistics Corp, owned by Nikolas D. Pateras, recorded a 9% increase in its revenue in the nine-month period. Specifically, it reported revenue of...

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Severe weather and Middle East conflict: Hapag-Lloyd Q1 result unsatisfactory

Q1 2026 Group profit significantly below prior-year quarter Outlook for 2026 unchanged: lower earnings expected in difficult market environment Continued focus on Strategy 2030 and rigorous...

Wilh. Wilhelmsen Holding ASA: Initiating offer to buy back own shares

With reference to the authorization given by the Annual General Meeting of Wilh.Wilhelmsen Holding ASA on 30 April 2026 for the Board of Directors...

Dynagas LNG Partners LP declares $0.05 dividend

Dynagas LNG Partners LP has approved a new quarterly cash distribution of $0.050 per common unit for the quarter ended March 31, 2026. The distribution...

HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

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...