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Baltic index logs best day in nearly 5 months on capesize strength

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Wednesday posted its biggest single-day gain since March,...

newcleo, Fincantieri, RINA working on feasibility study for nuclear naval propulsion

newcleo, the clean and safe nuclear technology company developing innovative Generation IV reactors using nuclear waste as fuel, announced today that it has signed...

Baltic index drops to lowest in over seven weeks

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended declines on Tuesday pressured by lower demand for...

ABS Board of Directors Elects John McDonald President

ABS Chairman and Chief Executive Officer, Christopher J. Wiernicki, and the Board of Directors have announced that John McDonald was elected President of ABS...

New Appointments to TT Club Boards

Morten Engelstoft has been elected as the new Chairman of TT Club as Ulrich Kranich retires.  Three new Directors also announced. The liability insurance provider...

UK announces historic boost to seafarers’ rights & welfare

Thousands of seafarers will be guaranteed fair wages, proper rest periods and suitable training thanks to a new Seafarers’ Charter launched by the UK...

Baltic index slips to over 1-1/2 month low on weaker vessel rates

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell to its lowest since early June on Monday...

“Hellenic-American Shipping Gala” honors 27 shipping companies of Greek interests

Twenty-seven shipping companies of Greek interests, listed on the US capital markets, were honored for their exceptional quality, transparency and attractiveness to global financial...

Iran’s Revolutionary Guards seize commercial ship in Gulf

Iran’s Revolutionary Guards “forcibly seized” a commercial ship in international waters in the Gulf on Thursday and the vessel was possibly involved in smuggling,...

Samsung Heavy Industries Completes 1,500km Autonomous Voyage

South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to Taiwan, marking an industry...

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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...