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Shipping volume will plummet 35% next week, LA port official says in CNBC interview

The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a...

Saipem: Awarded a contract by Eni for Carbon Capture and Storage in the UK

Saipem has been awarded a contract by Eni in the UK for the Liverpool Bay CCS project. The value of the contract is estimated...

Nakilat net profit rises 3.2% to QR433 mn in Q1

Qatar Gas Transport Company (Nakilat) on Tuesday announced that the company achieved a net profit of QR433 million, marking a 3.2 percent increase from...

Royal Caribbean posts $730m net income in Q1

Royal Caribbean Group reported first quarter Earnings per Share ("EPS") of $2.70 and Adjusted EPS of $2.71. These results were better than the company's guidance due to...

CMA CGM: First global liner to run Indian-flagged vessel

CMA CGM is the first major foreign shipping company to register its vessel in India. Specifically, earlier this week, the French liner announced that containership...

CSSC Trading, SWS, and SEASPAN sign contract for 6 containerships

China State Shipbuilding Trading Corporation, a subsidiary of China State Shipbuilding Corporation Limited, joined forces with Shanghai Waigaoqiao Shipbuilding Co., Ltd. and SEASPAN Group...

OOCL strikes USD 3.08 billion deal for 14 large containership newbuildings

Orient Overseas (International) Limited (OOCL) has ordered fourteen new containerships equipped with methanol dual-fuel engines. More specifically, the contracts are worth approximately USD 3.08 billion,...

Dynacom Tankers orders suezmax newbuildings

According to a TradwWinds report, Dynacom Tankers Management has placed an order at New Times Shipbuilding for two scrubber-fitted 159,000-dwt suezmax newbuildings. The vessels...

Intermodal Weekly Market Report [W17]

The USTR Notice of Action issued on April 17 introducing fees up to $1.5 million on Chinese shipping companies and Chinese-built vessels has sparked...

Dalian iron ore nudges higher on resilient China demand

Dalian iron ore futures edged higher on Tuesday, supported by near-term demand in top consumer China, although gains were limited by conflicting statements from...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...