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Vale resumes Minas Gerais operations after heavy rains

Vale, as an update to the press release "Vale informs about the impact of rainfall in Minas Gerais", released on January 10th, 2022, informs...

Surging Global Demand Drives China’s Trade Surplus to New Record in 2021

China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and providing support to an economy being dragged...

PetroChina Int’l tops Singapore’s list of 2021 marine fuel suppliers

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world’s biggest ship refuelling hub in 2021...

Baltic index down for seventh day on weak vessel demand

The Baltic Exchange’s dry bulk sea freight index fell for a seventh straight session on Monday as rates declined across all its vessel segments....

Suez Canal Expansion Plans Accelerated For Completion By July 2023

A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman...

Simpson Spence Young buys Anchor Shipbroking in Athens

Simpson Spence Young (SSY), the largest independent shipbroker in the world has today announced the acquisition of Anchor Shipbroking Inc. Based in Piraeus, Greece,...

Shipping Congestion Growing at World’s Biggest Port

Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing growing congestion at the world’s biggest container port. Shipping firms...

EU shipping plan leaves millions of tonnes of CO2 unregulated – study

European Commission proposals to bring shipping into the bloc’s carbon market contain exclusions for small commercial and military vessels that would leave millions of...

Baltic index extends losing streak to 5th day on falling vessel rates

The Baltic Exchange’s dry bulk sea freight index fell for a fifth straight session on Thursday, and touched a fresh 10-month low on waning...

Supply Chains Brace for Impact as Omicron Hits China

An omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption inside the world’s-biggest trading nation if...

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Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

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

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

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...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

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...