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Cargo ship carrying cars to U.S. catches fire

A burning car transport ship drifted in the mid-Atlantic on Thursday after the huge vessel’s 22 crew members were evacuated due to the blaze,...

Baltic index dips on slow capesize vessel activity

The Baltic Exchange’s dry bulk sea freight index fell to a one-week low on Thursday, as the larger capesize vessel index posted losses for...

Fire Breaks Out on Cruise Ship Near Greek Coast

An Italian cruise ship carrying 237 passengers and more than 50 crew members is on fire off the coast of Greece in the Ionian...

Baltic index dips on weaker demand for larger vessels

The Baltic Exchange’s dry bulk sea freight index slipped on Wednesday as lower rates for capesize and panamax vessels outweighed gains in the supramax...

Posidonia 2022 To Chart New Course For Global Shipping Reset

Posidonia 2022 will be held this summer from June 6-10, with the 27th edition of the world’s most prestigious shipping event gearing up to...

Crystal Cruises officially winds down operations

Troubled Crystal Cruises has officially confirmed its closure, with the company's 238 employees at its Miami base laid off and operations wound down. Crystal Cruises...

Baltic index snaps 5-day winning streak as larger vessels rates slip

The Baltic Exchange’s dry bulk sea freight index snapped a five-session winning streak on Tuesday as demand for capesize and panamax vessels weakened. The...

WTO: Demand Shock Behind Trade Bottlenecks Should Ease in Months

Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, the...

Hapag Lloyd sees freight pressure easing from Q2

Hapag Lloyd expects delivery bottlenecks and high prices for container freight to start easing in the second quarter, its chief executive said. Assuming the current...

Panama Canal to decrease Neopanamax locks maximum draft to 49.5 feet

The maximum allowable draft at the Neopanamax locks at the Panama Canal is due to decrease to 49.5 feet, or 15.09 meters, from 50...

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Costamare reports results for the first quarter ended march 31, 2026

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

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...

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...