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Maersk Ship Freed After Running Aground Near German Port

A giant container vessel owned by A.P. Moller-Maersk A/S has been freed after running aground outside a German port, removing worries about a possible...

Braemar sees strong trading in second half of the year

Braemar Shipping Services, a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, issued an update...

Baltic index inches up as rates across vessel segments rise

The Baltic Exchange’s dry bulk sea freight index rose on Thursday, buoyed by an uptick in rates across vessel segments. The overall index, which...

Celestyal Cruises Launches New Seaware Reservations Platform

Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean, is pleased to announce the launch...

Baltic index snaps 4-day rally on weaker rates for all vessels

The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains on Wednesday, weighed down by lower rates across all vessel...

Suez Canal revenues reach $544.7 million in January

Egypt’s Suez Canal registered revenues of $544.7 million in January, up from $495.7 million in the same month a year prior, the canal authority...

Baltic index rises for fourth day on firm capesize demand

The Baltic Exchange’s dry bulk sea freight index rose for a fourth straight session on Tuesday as higher capesize rates offset losses in the...

CMA CGM Strikes Preliminary Agreement to Acquire Colis Prive in ‘Last Mile’ Logistics Push

French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French delivery firm Colis Prive, as...

Baltic index logs worst month since January 2020

The Baltic Exchange’s dry bulk sea freight index edged higher on Monday, but registered its biggest monthly percentage decline in two years as seasonal...

Port Congestion Spreads Across More U.S. Import Gateways

Port congestion is spreading across the country, threatening to extend shipping delays and drive up costs for importers seeking to get around the bottlenecks...

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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...