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Zhonggu Logistics orders 10 feeder container ships

Zhonggu Logistics has issued an announcement titled “Announcement on the Investment in the Construction of 10 1,800 TEU Container Ships,” stating that Zhonggu Logistics...

BlackRock buys 5% stakes of Samsung Heavy Industries

Global asset manager BlackRock has become a major shareholder in Samsung Heavy Industries by raising its stake above 5%. Although it stated the purchase...

ST Engineering secures ADSB sub-contract for Kuwait’s new missile gun boat fleet

ST Engineering’s Marine business has secured a six-year sub-contract valued at about S$600 million from Abu Dhabi Ship Building (ADSB) to design and supply...

Damen signs contract with the Polidano Group for two Combi Freighters (CF) 3850

Damen Shipyards Group has signed a contract with the Polidano Group for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will...

Venergy takes options at K Shipbuilding for MR tankers

Venergy Maritime has reportedly exercised options for the construction of two additional MR tankers to be built at K Shipbuilding in South Korea, with...

DH Shipbuilding achieves annual order target in just 3 months

Secured 2 more Suezmax tankers, leading the global market with 12 orders in Q1 Target reached in 3 months with a stable backlog secured through...

Pan Ocean invests in VLCC newbuilding

Pan Ocean announced it will proceed with the construction of one VLCC, with delivery scheduled for the end of 2029. The shipyard has not...

Delia Shipping linked to tanker order

According to market sources, Delia Shipping has placed an order with HD Hyundai Heavy Industries in the Philippines for two 115,000 dwt LR2 clean...

Seacon seals deal for multipurpose newbuildings

Seacon Shipping has agreed to take over contracts for four multipurpose newbuildings worth USD 44.4 million. More specifically, the company said a subsidiary has agreed...

SITC orders six vessels at Yangzijiang

In a significant move to strengthen its presence in the Intra-Asia trade lanes, Hong Kong-listed SITC International has confirmed the exercise of options for...

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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...