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IMO to open regional office in Fiji to serve the Pacific

IMO will open its seventh Regional Presence Office, in Suva, Fiji, to serve countries and territories in the Pacific Islands region. IMO Secretary-General Mr. Arsenio...

Baltic index hits one-week low as capesize rates dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, marked its lowest level in a week on...

2020 Bulkers: Organizational update & succession plan

The Board of Directors of 2020 Bulkers Ltd. are pleased to announce that Mr. Lars-Christian Svensen will join 2020 Bulkers Management AS as Chief...

Posidonia 2024 sees flury of new business deals as shipping industry makes statement of intent in a boost for global trade and economic growth

The 28th edition of the biennial Posidonia Exhibition came to an end today proving once again that it is the most sought-after event to...

Alternative fuels and seafarer upskilling dominate discussions at greener Shipping Summit 2024

Alternative fuels and seafarer upskilling took centre stage at the ‘Greener Shipping Summit 2024’ held at Posidonia 2024 this week. Under the theme ‘New...

Baltic index rises for 3rd day as larger vessel rates gain

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended gains for a third consecutive session on...

Ship registries flag innovations at Posidonia 2024 amidst global challenges and opportunities

Sixteen ship registries from across the globe are participating in Posidonia 2024 to showcase their innovations and competitive strategies. These registries aim to navigate...

Baltic index hits three-week high on higher vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its gain on Wednesday to mark its...

Carnival Corporation to strategically align portfolio and absorb P&O cruises Australia into carnival cruise line

Carnival Corporation & plc, the world's largest cruise company, announced that in March 2025, the company will sunset the P&O Cruises Australia brand and...

Baltic index inches up on capesize gains

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Tuesday 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...