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Maran Gas: New LNG carrier order

Maran Gas Maritime, a member of the Angelicoussis Group under the leadership of Maria Angelicoussis, is proceeding—according to shipbuilding market sources—with an order for...

Hong Kong’s TS Lines taps Chinese builder for new 2,900TEU ships

Hong Kong-based container liner company TS Lines has placed an order for four new container vessels in a series to be constructed by China's...

Celsius tied to LNG carrier duo order at Samsung Heavy Industries

Shipbuilding conglomerate Samsung Heavy Industries (SHI) announced on 23 March that it had secured a contract for the construction of two vessels, valued at...

Purus said to expand gas platform with single LNG carrier order at SHI

Samsung Heavy Industries (SHI) announced on 20 March that it had secured a contract to construct an LNG carrier for an undisclosed Oceania-based owner....

GTT receives an order from Hudong-Zhonghua shipyard for the tank design of four new LNG Carriers

GTT receives an order from Hudong-Zhonghua shipyard for the tank design of four new LNG Carriers GTT announces that it has received, in the first...

HMM linked to major order for 10 box ships at HD Hyundai

HD Hyundai Heavy Industries announced on 16 March that it had secured an order for 10 container ships valued at around US$557M, with an...

Sale of HD Hyundai’s Gunsan dockyard gives boost to MASGA

HD Hyundai Heavy Industries (HHI) signed an agreement Friday to sell its dockyard in Gunsan, North Jeolla Province, to the largest shareholder of HJ...

JP Morgan interests said to firm up order for three Suezmax tankers at SHI

JP Morgan-backed interests are reported to have firmed up a Suezmax shipbuilding project in South Korea, marking a new contract in the highly sought-after...

Dynacom takes Hengli VLCC orderbook to 16 vessels

Dynacom Tankers Management has signed a new agreement for the construction of four additional VLCC (Very Large Crude Carrier) crude oil tankers, each with...

Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash

Yangzijiang Shipbuilding (Holdings) Ltd. has signed definitive agreements to acquire a 10% equity interest in Poseidon Corp. for an aggregate consideration of $1.05b (US$825.7m). The...

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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...