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Greener shipping summit opens Tuesday

This year’s Greener Shipping Summit opens at 9 a.m. on Tuesday as a hybrid event. The theme of the conference is “Moving fast on...
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Premium rates from China no longer mandatory as space opens up

All-inclusive container shipping rates were in a wide range for shipments from North and Southeast Asia to North America as the urgency of loading...
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Suez canal authority aims to raise transit fees by 6% in 2022

Egypt plans to raise fees by 6% on ships transiting the Suez Canal in 2022, the canal authority’s chairman Osama Rabie said on Thursday....
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Baltic index extends losses for 11th session on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index fell for the 11th straight session on Thursday, dragged lower by a dip in rates across...
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ERMA FIRST, MAN Energy Solutions agree strategic partnership

MAN Energy Solutions Benelux via MAN PrimeServ Omnicare strategy will be providing after-sales technical support to vessels equipped with ERMA FIRST ballast water treatment...
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Braemar: Strong performance in 1H

Braemar Shipping Services Plc, a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, announces its...
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Baltic index drops to 5-month low as vessel rates fall

The Baltic Exchange’s dry bulk sea freight index dropped to its lowest in five months on Wednesday, as rates across vessel segments fell. The overall...
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Maersk Says Port Delays Will Stretch Into New Year

The chaos that has bedeviled global supply chains in recent months will extend into next year, with a lack of truck drivers preventing hundreds...
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Japan’s Bunker Supply Expected To Tighten In Nov On Higher Demand

Bunker fuel supply in Japan is expected to tighten in November as demand is rising, industry sources said in the week started Oct. 24. The...
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Baltic index drops 7%; grim iron ore outlook weighs on capes

The Baltic Exchange’s dry bulk sea freight index slipped to its weakest in about three months on Tuesday, as iron ore futures in China...
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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...

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