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Baltic index extends gains as vessel rates strengthen

The Baltic Exchange’s dry bulk sea freight index extended gains on Thursday to scale a one-month peak, helped by higher rates across all its...

CMA CGM and Shell perform first Bio-LNG bunkering operation in Rotterdam

The CMA CGM Group, a world leader in shipping and logistics, and Shell have performed the first Bio-LNG bunkering trial in Rotterdam. The CONTAINERSHIPS...

Baltic index gains for fifth day as rates for smaller vessels rise

The Baltic Exchange’s dry bulk sea freight index on Wednesday rose for a fifth straight session to its highest in a month, as gains...

Long delays at Indian LPG terminals tie up VLGCs, freight hits 10-month high

India’s large imports of LPG to meet festive-season demand in November have sparked heavy congestion at its ports, forcing some vessels to wait more...

Baltic index sails to 1-month high

The Baltic Exchange’s dry bulk sea freight index leaped to its highest in a month on Tuesday, propelled by a steady climb in the...

Wärtsilä partners with CCS, Tianjin Port in developing intelligent tugs

The intelligent marine technology company, Wärtsilä Voyage, has signed an MoU with the China Classification Society (CCS) and Tianjin Port to advance China’s intelligent...

Baltic index sees best day in nearly 2 months as vessel rates rise

The Baltic Exchange’s dry bulk sea freight index posted its best day in nearly two months on Monday, boosted by stronger rates across vessel...

Europe’s Energy Crisis Is About To Get Worse As Winter Arrives

Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history...

Oil demand to return to 2019 levels by end of 2022: Baker Hughes CEO

Oil demand will return to 2019 levels by the end of 2022, despite some delays in projects due to repercussions from the pandemic, Baker...

Wärtsilä explores hydrogen production from LNG onboard ships

The technology group Wärtsilä, together with class society RINA, ABB, Helbio - a subsidiary of Metacon AB, the Liberian Registry, and an energy major...

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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...