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Genco reports best quarterly results since 2022

Genco reported its financial results for the three months and twelve months ended December 31, 2025.

Seanergy Maritime Reports Strong Fourth Quarter and Full-Year 2025 Results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize shipping company, reported its financial results for the fourth quarter and twelve months ended December 31,...

Containerships: Freight rates enter prolonged downtrend

The global container shipping market is entering a downward phase, as spot market rates decline for the fifth consecutive week. The downward trend in rates...

Chevron-led Consortium signs contracts for gas exploration off Greece

A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the...

Aker Solutions awarded long-term MMO frame agreement by Aker BP

Aker Solutions has been awarded a major five-year contract with Aker BP for Maintenance, Modification and Operation services (MMO). The contract covers all Aker...

Havila Shipping ASA: Contract with TotalEnergies for PSV Havila Herøy

The company has signed contract with TotalEnergies EP Norge AS for the PSV Havila Herøy.The contract is for an operation planned to be 136...

SeaLead appoints Cho Kit Wei as chief executive officer

SeaLead announced the appointment of Cho Kit Wei as Chief Executive Officer of SeaLead, effective 2 March 2026. Kit currently serves as Chief Operating...

ZIM to be acquired by Hapag-Lloyd in $4.2 billion deal

ZIM Integrated Shipping Services Ltd. announced that it has entered into a merger agreement, under which Hapag-Lloyd will acquire ZIM for $35.00 per share...

APM Terminals and Eurogate plan to turn NTB into one of the most modern and efficient terminals in Europe – 1bn Euro investment for...

APM Terminals, a subsidiary of A.P. Moller – Maersk (Maersk), and Eurogate aim for and are in advanced negotiations for a long-term partnership under...

DP World announces appointment of chairman and Group CEO

 DP World Limited announces that Group Chairman and CEO, Sultan Ahmed bin Sulayem has resigned from the company, effective immediately.  The Board announces that His...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

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...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

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...

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...