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Baltic index gains on higher capesize, panamax rates

The Baltic Exchange’s main sea freight index rose on Thursday, helped by rising rates across the capesize and panamax segments. The index, which factors in...

Celestyal to add a further 47 cabins to Celestyal Discovery increasing the number by 7.4%

Celestyal has revealed additional investment into its fleet with the latest refit plans for the line’s newest ship, Celestyal Discovery. The designs include the...

Celestyal to introduce new simplified fare structure ‘Celestyal One’

· New fare to replace ‘Experience’ and ‘Experience Plus’ packages · Prepaid food and beverage digital wallet to be introduced · Changes to take effect for...

Baltic index slips on lower capesize, supramax rates

The Baltic Exchange’s main sea freight index fell on Wednesday, snapping a six-session winning streak, hurt by falling rates across the capesize and supramax...

Posidonia events releases event sustainability report for Posidonia 2024

Society, Economy, Health and Environment in the spotlight Posidonia Exhibitions S.A. has just published its Event Sustainability Report for Posidonia 2024, confirming its commitment to...

Baltic index hits one-month high as larger vessel rates rise

The Baltic Exchange’s main sea freight index rose for a sixth consecutive session on Tuesday, reaching nearly a one-month high, driven by strong gains...

Wallenius Wilhelmsen signs another significant multi-year shipping contract

Wallenius Wilhelmsen has signed a multi-year shipping contract with a leading automotive manufacturer. "This demonstrates their commitment to securing long-term ocean capacity and will further...

Baltic Index Rises for Fifth Day On Stronger Capesize, Panamax Rates

Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth straight session on Monday, boosted by...

Celestyal, Visit Qatar & Qatar Airways to host agents on Qatar super fam trip

Celestyal and Visit Qatar have announced they will be hosting 32 global agents on a Qatar super fam trip in the Arabian Gulf, including...

Baltic Index gains as capesize rates rise

The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains in the capesize vessel segment. The index, which factors in rates...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

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...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

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...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

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...