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CPLP: Acquisition of One LNG Carrier, Three Container Vessels & Sale of Two Boxships

Capital Product Partners, an international owner of ocean-going vessels, announced: The acquisition of one 174,000 cubic meter (“cbm”) latest generation X-DF LNG carrier (“LNG/C”) and...

Baltic index hits over 1-month low as rates fall across vessel segments

The Baltic Exchange’s main sea freight index hit a more than one-month low on Tuesday, hurt by lower rates across vessel segments. The overall...

George Procopiou: Shipping struggling with lack of clarity on sanctions

Shipowners are struggling to know what trades are still legal as a raft of sanctions against Russia and tough measures on other countries including...

Baltic index dips as vessel rates fall

The Baltic Exchange’s main sea freight index edged lower on Monday, pressured by weaker rates for all vessel segments. The overall index, which factors...

Posidonia Shipping Exhibition Welcomes Global Maritime Community Back To Athens

Greek Prime Minister Mr Kyriakos Mitsotakis presided over the official opening of Posidonia 2022, as the world’s most prestigious biennial shipping event welcomes back...

US May Allow More Iran Oil to Flow Even Without Deal

The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest...

Posidonia Week Is Back At Full Steam

The Posidonia International Shipping Exhibition will be held from June 6-10 at the Athens’ Metropolitan Exhibition Centre. 1,929 companies from 88 countries will exhibit...

Maersk completes acquisition of Senator International

A.P. Moller – Maersk (Maersk) announces the closing of the acquisition of Senator International, a well-renowned global company in freight forwarding. Senator brings with it...

Wilhelmsen to increase shareholding in NorSea to 99%

A trusted provider of logistics services to the offshore industry for over 60 years, supporting leading operating companies on the Norwegian continental shelf, NorSea...

Baltic index snaps six-session losing streak on capesize gains

The Baltic Exchange’s main sea freight index snapped a six-session losing streak on Wednesday, as gains in the capesize segment outweighed losses in panamax...

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Wärtsilä’s Interim Report January–March 2026

Wärtsilä’s announced its interim report for the period January–March 2026. January–March 2026 highlights Total order intake increased by 10% to EUR 2,099 million (1,902), while the...

KCC: Solid start to the year; even stronger Q2 outlook

Klaveness Combination Carriers ASA reported EBITDA of USD 29.3 million and Profit after tax of USD 15.6 million for the first quarter of 2026,...

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...

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...

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...

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...