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CMA CGM takes delivery of its 400th owned vessel, CMA CGM MONTE CRISTO

The CMA CGM Group, a global player in sea, land, air and logistics solutions, announces the arrival in its fleet of its 400th owned...

Halom Investments buys 150 million shares in Marco Polo Marine

The purchase was made via a secondary market deal on 22 January. Halom Investments Pte. Ltd., controlled by Michael Kum, a veteran in the marine...

McDermott awarded EPCI contract for Al Nasr Field Development Project

McDermott has been awarded a major* contract by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project, located approximately...

BF Shipmanagement buys neo-panamax containership from CCEC

Capital Clean Energy Carriers has sold a modern containership as part of its fleet restructuring strategy. The buyer is BF Shipmanagement, which acquired the...

Safe Bulkers announces agreement for the acquisition of two newbuild Kamsarmax Class Dry-bulk Vessels

Safe Bulkers an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of two...

Costamare linked to major boxship order in China

Costamare is reportedly being linked to an order for 12 newbuilding container ships at a Chinese shipyard. The ships will have a capacity of...

Carimin acquires a 19.5% stake in Sealink

Oil and gas services and equipment (OGSE) firm Carimin Petroleum Bhd has acquired a 19.5% stake in Sealink International Bhd for RM39.98 million, making...

Α milestone in Atlas Maritime’s shipbuilding program

Atlas Maritime, owned by Leo Patitsas, announced the completion of the keel laying ceremony for a ship being built at Daehan Shipbuilding (DHSC) in...

London Gateway container volumes up more than 50% to set new annual record

DP World has set a new handling record at London Gateway, surpassing three million TEU (twenty-foot equivalent unit) in 2025, thanks to the newly...

World Oil market faces significant surplus in first quarter, IEA says

The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so...

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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...