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Lauritzen Bulkers reports good performance in a challenging year

Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened geopolitical uncertainty. In this...

Cargo ship hit by projectile in Strait of Hormuz, crew evacuates

A ​cargo vessel ‌was hit by an ​unknown ​projectile in the ⁠Strait ​of Hormuz, ​resulting in a fire onboard ​and ​prompting the crew ‌to...

Trump Weighs Russian Oil Sanctions Relief as Hormuz Disruption Sends Prices Soaring

U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed...

Danaos adds two more newcastlemax newbuildings at Chinese yards

Danaos Corporation has ordered two more Newcastlemax newbuildings at Chinese shipyards, implementing a diversified investment program to build four ships. The company confirmed the new...

Capital Clean Energy Carriers Announces Changes to Board of Directors

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, announces that Martin Houston has been appointed Chairman of the company with Keith...

ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2025

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced its consolidated results for the three and twelve months ended December 31,...

Klaveness Combination Carriers fixes vessel on two-year charter

A subsidiary of Klaveness Combination Carriers ASA (“KCC” or the “Company”) has secured a two-year time charter for MV Bass (built 2021). The main terms...

Aegean Shipping sells tanker for USD 71 million

According to shipping market sources, Aegean Shipping Management has sold a tanker vessel for $71 million. Specifically, sources suggest the vessel in question is the...

Cancellation of 20 and 23 March 2026 – Celestyal Discovery

Celestyal continues to monitor developments in the Middle East and remains in regular contact with the relevant authorities in the region. All guests have now...

Port of Piraeus: 10 years of cooperation with COSCO SHIPPING

The port of Piraeus completes ten years of cooperation with COSCO SHIPPING, with the Piraeus Port Authority S.A. underlining, in a relevant post, that...

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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...