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Baltic index logs best day in 18 months on capesize strength

The Baltic Exchange’s dry bulk sea freight index jumped by more than 10% on Monday to register its best day in 18 months, propelled...

Salvage of stricken oil tanker in Red Sea expected soon, sources say

A salvage operation to recover a Greek-registered oil tanker stranded ablaze in the Red Sea after an attack by Houthi militants is expected to...

Lloyd’s Register to acquire Ocean Technologies Group from Oakley Capital

Lloyd’s Register Group, a global provider of maritime professional services and digital solutions, has reached an agreement to acquire Ocean Technologies Group, a...

Houthis will let salvage crews access oil tanker they set ablaze in Red Sea

Yemen's Houthi group has agreed to allow tugboats and rescue ships to reach a damaged crude oil tanker in the Red Sea, Iran's mission...

IMO Secretary-General issues statement on MV Sounion attack

Following the recent attack on the MV Sounion in the Red Sea Mr. Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO) said: “I am...

Panama Canal: Modifications to Transit Reservation System Tariffs

In its ongoing commitment to providing efficient and reliable service to its customers, the Panama Canal Authority is implementing modifications to the Transit Reservation...

Baltic index hits more than one-month high on capesize strength

The Baltic Exchange’s dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, rose to its highest level in...

Houthis Agree to Give Tugs Access to Damaged SOUNION Oil Tanker

Yemen’s Houthi group has agreed to allow tugboats and rescue ships to reach a damaged crude oil tanker in the Red Sea, Iran’s mission...

Maersk Says Shipping’s Zero-Emissions Push Needs Government Support

The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean – a milestone in the shipping...

Baltic index rises on strong capesize demand

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday as the capesize vessel...

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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...

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...

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...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

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...