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HD KSOE’s Q4 net profit rises sharply on strong shipbuilding sales

HD Korea Shipbuilding & Offshore Engineering (KSOE) Co., a subholding company of shipbuilding giant HD Hyundai Co., said Monday its fourth-quarter net profit rose...

MSC orders eight more containerships at Jinglu

MSC has reportedly ordered an additional eight 11,500 TEU LNG dual-fuel container ships at Penglai Zhongbai Jinglu Ship Industry Co., Ltd. (Jinglu Shipyard). An...

Greek shipowners: 47 orders for newbuildings

Greek shipowners proceeded with 47 new ship orders in Asian berths in the first 31 days of the year. It is noted that during...

Atlas Maritime orders 2+2 suezmax tankers in S. Korea

Atlas Maritime has reportedly placed an order for 2+2 suezmax tankers with DH Shipbuilding. The vessels are valued at approximately $86 million each, with...

Elefsis Shipyards investment strengthens Greece’s industrial base, creates jobs – minister

“The Elefsis Shipyards are a true success story for Greek industry, shipbuilding and the economy of our country,” emphasized Minister of Development Takis Theodorikakos,...

SITC extends China container ship order

SITC International Holdings Company Limited said SITC Shipowning exercised on January 30 the options for the construction of two 2,700 teu container vessels under...

HD Korea Shipbuilding wins $245M LNG carrier order

HD Korea Shipbuilding & Offshore Engineering (009540.KS), the shipbuilding holding company of HD Hyundai (267250.KS), announced Wednesday that it has secured an order for...

HD Hyundai chairman meets India’s Modi to deepen shipbuilding cooperation

HD Hyundai Group Chairman Chung Kisun has met with Indian Prime Minister Narendra Modi to discuss expanding bilateral cooperation, as the South Korean shipbuilder...

Evergreen orders 23 boxships at two shipyards

Evergreen Marine has proceeded shipbuilding orders for 23 vessels with two Chinese shipyards worth up to approximately $1.5 billion. The contracts were approved by Evergreen...

Denmark renews green maritime tech and shipbuilding pact with China

China and Denmark have renewed an agreement on cooperating in green maritime technology and shipbuilding, China’s industry ministry said on Tuesday, reaffirming a long-term...

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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...