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Velos Shipping continues its fleet expansion

Shipowner Paschalis D. Diamantidis continues to invest dynamically in the ship market, further strengthening his companies’ fleet. The most recent addition is the tanker...

1.7 billion barrels of oil at sea on 1,467 ships

Shipping is offering the world an energy security “cushion”, with 1.7 billion barrels of crude oil currently at sea. The research department of Xclusiv Shipbrokers,...

U.S. allies rebuff Trump’s request for support in Strait of Hormuz

Several U.S. allies rebuffed Donald Trump’s call on Monday to send warships to escort shipping through the Strait of Hormuz, drawing criticism from the...

Seadrill announces appointment of Samir Ali as CEO

Seadrill Limited announced a leadership change, effective immediately. Samir Ali, Executive Vice President, Chief Commercial Officer, has been appointed President and Chief Executive Officer,...

HMM linked to major order for 10 box ships at HD Hyundai

HD Hyundai Heavy Industries announced on 16 March that it had secured an order for 10 container ships valued at around US$557M, with an...

ΙMO calls Extraordinary Council meeting to discuss situation in Middle East

The International Maritime Organization (IMO) will hold an Extraordinary Session of its Council to address the impacts on shipping and seafarers of the situation...

Stolt-Nielsen and NYK Line form strategic joint venture in Avenir LNG

Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG...

PPA: New collaboration with Mitsui O.S.K. Lines at Piraeus Bus Station

The Piraeus Port Authority announced the arrival of the ship “Tourmaline AceCE” at the port of Piraeus. Mitsui O.S.K. Lines is among the leading maritime...

EU to discuss bolstering Mideast naval mission amid Iran war turmoil

European Union foreign ministers will discuss on Monday bolstering a small naval mission in the Middle East but are not expected to decide on...

Trump demands other countries help secure vital strait of Hormuz

President Donald Trump said on Sunday his administration is talking to seven countries about helping to secure the Strait of Hormuz amid the U.S.-Israeli...

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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...