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Strong rates across vessels propel Baltic index to 12-year peak

Strong rates across dry bulk vessel segments drove the Baltic Exchange’s main sea freight index to their highest since 2009 on Thursday. The overall index,...

Baltic index hits 12-year peak on firmer vessels rates

The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher...

Braemar continuing to build momentum

Braemar Shipping Services Plc (LSE: BMS), a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services,...

Top Global Companies Call for Zero Emissions Shipping By 2050

More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully...

Strong gains across vessels steer Baltic index to 12-year peak

The Baltic Exchange’s main dry bulk sea freight index rose for a third straight session on Tuesday, hitting a near 12-year high, driven by...

Vitol Bunkers extends services to ARA region

Vitol Bunkers will extend its services from 1st October to the ARA region in Europe. Vessels visiting ARA will be able to benefit from...

Baltic index extends rally, hits 12-year high on gains across vessels

The Baltic Exchange’s main dry bulk sea freight index rose to a 12-year high on Monday, as rates across vessel segments jumped on robust...

Cyprus President gives shipping sector full backing

Cyprus President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cyprus Union Of Shipowners in Athens. Anastasiades underlined...

Baltic index snaps 5-day winning streak as capesize rates drag

The Baltic Exchange’s main dry bulk sea freight index slipped on Thursday after rising for five straight sessions as a dip in capesize rates...

Baltic index rises as smaller vessels gain

The Baltic Exchange’s main dry bulk sea freight index rose for a fifth straight session on Wednesday to its highest level in more than...

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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...