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China To Grant Port Clearance To Stranded Australian Coals

Chinese steel mills in various parts of the country have received verbal notices from regional customs for port clearance of stranded Australian coals, several...

Fortescue Posts Record Q1 Iron Ore Shipments, Costs In-Line

Fortescue Metals Group said on Thursday iron ore shipments rose 3% to a record level in the first quarter, as the world’s no.4 miner...

Celestyal Cruises Launches Early “Black Friday Bogo” Up To 50% Discount

Celestyal Cruises, the award-winning, number one choice for cruise travellers to the Greek Islands and the Eastern Mediterranean, is pleased to launch its "Black...

International Seaways Announces Refinancing of Six Vessels

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that it has signed...

Seanergy Announces New Sustainability-Linked Loan Facility; Signs Call to Action for Shipping Decarbonization

Seanergy announced that it has received a commitment letter from a leading European bank for a sustainability-linked loan facility to finance part of the...

Baltic index extends losses on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index fell for a fourth straight session Tuesday, weighed down by weak demand across all vessel segments....

Seadrill Announces Confirmation of Plan of Reorganization

Seadrill announced that its Plan of Reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Earlier this month,...

U.S. Retail Lobby Sends S.O.S. to Congress on Supply-Chain Chaos

The U.S.’s biggest retail lobby asked Congress to pass a $1.2 trillion infrastructure package as well as update shipping and trucking laws to ease...

NYK and Partners to Develop Ammonia-Fueled Vessels

Japan’s Nippon Yusen KK (NYK) and its partners said on Tuesday they will conduct a demonstration project to develop commercial vessels equipped with ammonia-fuelled...

Iron Ore Arrivals At Chinese Ports Rise w-o-w

According to data tracked by SMM, 92 ships arrived at domestic main ports from October 18-24. Arrivals of cargoes are estimated to stand at...

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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...