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UECC expands fleet with fresh order for eco-friendly PCTC newbuild pair at Chinese yard

United European Car Carriers (UECC) is further expanding its fleet of eco-friendly Pure Car and Truck Carriers (PCTCs) with the order of two additional...

Performance Shipping Inc. signs shipbuilding contracts for the construction of two newbuilding suezmax tankers

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through two separate wholly-owned subsidiaries, it has signed...

TOP Ships Inc. announces agreement to acquire nine ECO MR product tanker newbuildings with time charter employment and potential gross revenue backlog of about...

TOP Ships Inc., an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced that it has entered into an agreement with...

Wallenius Marine awarded Ship Management contract for seven newbuildings

Wallenius Marine has been awarded responsibility for ship management of seven out of 14 of Wallenius Wilhelmsen’s new Shaper class RoRo newbuildings. The contract...

Norwegian Cruise Line Holdings To Build 3 New Cruise Ships at Fincantieri

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, announced...

Almi Marine orders bulker pair at NACKS

Almi Marine Management announced an agreement with NACKS shipyard for the construction of two ultramax bulk carriers with a capacity of 64,000-dwt each. Delivery of...

Safe Bulkers, Inc. announces sale of a 2012-Built Capesize Class Dry-bulk Vessel

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the sale of MV...

HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

Maran Dry orders first bulkers in 10 years

Maran Dry Management has signed an agreement to build four capesize bulk carriers - with options for two more - at Chinese shipyard Hengli...

Capital Maritime orders 11 VLCCs at Hengli

Capital Maritime and Trading has ordered 11 VLCC newbuildings at Hengli Heavy Industry at a price approaching USD 1.4 billion. The vessels are reportedly contracted...

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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...