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Navios: 300-million for newbuildings in Japan

Navios Maritime Partners, led by Angeliki Frangou, is further strengthening its ties with the Japanese shipping and shipbuilding market, with its latest investment totaling...

Atlas Maritime receives LNG PCTC “ECO STAR”

Amid rising sustainability requirements in the shipping industry, the delivery of the new vehicle carrier H580 ECO STAR took place at the shipyards of...

Suezmax “Nissos Delos” at Kyklades Maritime

Kyklades Maritime Corporation, controlled by the Alafouzos family and led by Giannis Alafouzos, has strengthened its fleet with the delivery of the newly built...

COSCO tanker in the Piraeus shipbuilding and repair zone

The COSCO tanker Rong Hua Wan was docked at the floating dry dock of the ship repair zone of Piraeus Port Authority S.A. (PPA),...

Qatar LNG vessels u-turn after attempt to pass through Hormuz

Two tankers carrying liquefied natural gas from Qatar appear to have abandoned an effort to exit the Persian Gulf via the Strait of Hormuz...

Hafnia enters into newbuild agreement for eight medium-range (MR) product tankers

Hafnia Limited announces that it has signed a contract for the construction of eight Medium-Range (MR) newbuild product tankers at Hyundai Heavy Industries. The total...

Valaris announces multi-year contract award for drillship VALARIS DS-4

Valaris Limited announced that it has been awarded a 1,064-day contract extension with Petrobras offshore Brazil for drillship VALARIS DS-4. The extension is expected...

Seadrill announces West Polaris contract extension in Brazil

Seadrill Limited announced the ultra-deepwater drillship, West Polaris, was awarded a 1,095-day contract extension with Petrobras for the Búzios field in the Santos Basin, offshore Brazil. The...

bp appoints deputy chief executive officer

bp announced the appointment of Carol Howle as deputy chief executive officer, effective immediately. Carol will continue to lead supply, trading and shipping (ST&S) and...

Byzantine Maritime linked to order for two LPG ships

Byzantine Maritime has reportedly ordered two 40,000 dwt LPG vessels from the HD Hyundai Heavy Industries shipyard in South Korea, returning to the market...

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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...