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Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

Celestyal cancels all April sailings

Celestyal has confirmed the cancellation of all April 2026 departures as its ships wait to reposition to Athens, Greece. The line’s fleet is currently positioned...

Cruise industry contributes €3.1 billion to Greek Economy

· The industry generated a total economic output of €3.1 billion, contributed €1.5 billion to the Greek GDP and supported 33,000 jobs in the...

DH Shipbuilding achieves annual order target in just 3 months

Secured 2 more Suezmax tankers, leading the global market with 12 orders in Q1 Target reached in 3 months with a stable backlog secured through...

Pan Ocean invests in VLCC newbuilding

Pan Ocean announced it will proceed with the construction of one VLCC, with delivery scheduled for the end of 2029. The shipyard has not...

Delegation from the Japanese Embassy visits the Piraeus Port Authority

Piraeus Port Authority S.A. welcomed a delegation from the Embassy of Japan in Greece to its headquarters, led by Shu Tamaura, Director of the...

Chinese container ships pass through Strait of Hormuz at second attempt, data shows

Two Chinese container ships sailed through the Strait of Hormuz on Monday on their second ‌attempt to leave the Gulf after turning back on...

DHT Holdings, Inc. strategic fleet update

DHT Holdings, Inc. continues its fleet modernization program with two key vessel announcements. The Company has taken delivery of the DHT Gazelle, a VLCC newbuilding...

Ocean Network Express secures stake in Hutchison Laemchabang Terminal

Ocean Network Express has announced the signing of a share purchase agreement for a 30% stake in Hutchison Laemchabang Terminal Limited (HLT) located in...

Golden Pass LNG, QatarEnergy’s largest investment in the United States, marks historic milestone with first LNG production

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has marked a major milestone towards full operations of its LNG production and export...

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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...