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Baltic index dips as larger vessels retreat

The Baltic Exchange’s main sea freight index fell on Tuesday, snapping a five-day winning streak, pressured by a fall in the capesize and panamax...

Lloyd’s Register acquires OneOcean in maritime growth strategy drive

Lloyd’s Register, a global provider of maritime professional services, has acquired OneOcean, a leading supplier of voyage compliance, safety and environmental solutions, from Equistone...

Baltic index gains on higher rates for all vessels

The Baltic Exchange’s main sea freight index gained to its highest in nearly three weeks on Monday, helped by an uptick in capesize and...

Record 29,000 visitors attend Posidonia

The number of overall participants in this year’s Posidonia, including exhibitors, visitors and press, exceeded the 40,000 mark, as some 29,000 visitors from 103...

Baltic Index Gains For Third Consecutive Session

The Baltic Exchange’s main sea freight index gained for a third straight session on Thursday, buoyed by rising rates across the board. The overall...

South Korean Trucker Strike Ends But Hurdles Remain

South Korea’s truckers began returning to work and factories resumed deliveries of goods from cars to steel after a weeklong strike, yet a return...

Baltic index extends gains on jump in capesize segment

The Baltic Exchange’s main sea freight index extended gains on Wednesday on a jump in the capesize segment, while strength in panamax and supramax...

Cruise industry seeks partnership with governments to reach decarbonisation goals

Cruise industry leaders convening in Genoa at the industry's first European Summit devoted to the decarbonisation of cruise have called on governments to join...

Scrubber-Fitted Vessels See Huge Savings as Fuel Spread Widens

Ship-owners that invested in pollution-reducing equipment to let them burn dirtier fuel are enjoying massive discounts due to a supply glut. Owners of vessels...

Baltic index rebounds on capesize, panamax gains

The Baltic Exchange’s main sea freight index rebounded on Tuesday after touching a near two-month low in the previous day as rates rose for...

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Noble Corporation announces first quarter 2026 results

Noble Corporation plc reported first quarter 2026 results. Three Months Ended(in millions, except per share amounts)March 31, 2026March 31, 2025December 31, 2025Total Revenue$                786$                874$                764Contract Drilling Services Revenue743832705Net...

Hanwha Ocean’s Q1 OP jumps 70.6% on high-value vessel orders

South Korean shipbuilder Hanwha Ocean Co. saw its operating profit soar more than 70 percent in the first quarter of this year from a...

Top Ships secures $50 million equity facility

According to a relevant filing, Top Ships has signed a Common Share Purchase Agreement with B. Riley Principal Capital II, giving the firm the...

Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

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...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

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...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...