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Supply Chain Relief Sparks Feud Over U.S. Demand

Some supply strains in the US are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds...

Iran urges Greece to cooperate over seized ships without U.S. role

Iran urged Greece on Tuesday to cooperate to resolve a crisis over the seizure of ships without involving the United States, after Iranian forces...

Baltic index rises for fourth month, six-session fall caps gains

The Baltic Exchange’s main sea freight index rose for a fourth straight month, though gains were capped as it slipped for a sixth consecutive...

Iran’s Seizure of Greek Tankers Adds Risk to Key Oil Trading Route

Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from a region that’s a...

Baltic index down for fifth session on rates for larger vessels

The Baltic Exchange’s main sea freight index on Monday extended its decline for a fifth straight session, pressured by weaker rates for capesize and...

Gram Car Carriers signs 6-year TC for Viking Passama

Gram Car Carriers announced that the company has signed a six-year contract with Armacup Ltd. the mid-size vessel MV Viking Passama (5,000 CEU), until...

Baltic index dips for 3rd straight session on lower vessel rates

The Baltic Exchange’s main sea freight index extended its decline for the third session in a row on Thursday, dragged by lower rates across...

Ukraine Seeks Ways to Get Grain Out

Ukraine is seeking ways to get grain and vegetable oils out of the country by breaking a months-long blockade of the Sea of Azov...

Baltic index breaks 5-session winning run on lower vessel rates

The Baltic Exchange’s main sea freight index dipped on Tuesday, snapping a five session winning streak, as rates declined across the larger vessel segments....

Costa Venezia and Costa Deliziosa in Athens

Costa Cruises presents its offer for Greek cruise enthusiasts who during the season will have different opportunities to embark from the port of Athens...

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NORDEN raises full-year guidance

On the back of additional vessel sales and a stronger tanker market, NORDEN upgrades the 2026 full-year net profit guidance to USD 70 –...

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...

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...