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CPLP Announces Pricing of €150 Million Unsecured Bonds

Capital Product Partners L.P., an international owner of ocean-going vessels, announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, has successfully priced its...

Baltic index snaps 8-day losing streak on stronger vessel demand

The Baltic Exchange’s dry bulk sea freight index gained on Wednesday, after falling for eight straight sessions, supported by higher rates across all vessel...

Vroon wins PSV contract by TotalEnergies

TotalEnergies E&P UK has chartered Vroon Offshore's platform supply vessel for a period of one year. The platform supplier will be supporting operations at Total’s...

California Ports Key to US Supply Chain Rank Among World’s Least Efficient

Southern California’s Los Angeles and Long Beach ports handle the most ocean cargo of any ports in the United States, but are some of...

Vale to slow down iron ore production in Q4

Brazilian miner Vale SA said on Tuesday it was slowing down production of low-margin iron ore in the fourth quarter by about 4 million...

LNG tanker rates more than double in two weeks

Tanker rates to ship liquefied natural gas (LNG) have more than doubled since the start of the month as a power crisis in Asia...

Greece wants ‘realistic’ EU green policy for shipping

EU shipping power Greece has told the European Commission that adding the industry to the bloc’s carbon emissions trading scheme should be proportionate and...

Seanergy Announces Acquisition of its 17th Capesize Vessel

Seanergy Maritime Holdings Corp. announced that it has entered into a definitive agreement with an unaffiliated third party to purchase a Capesize vessel. In...

Subsea 7 awarded new contracts in Brazil

Subsea 7 announced a very large award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio...

Baltic index falls to over 3-week low on weaker capesize demand

The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in more than three weeks on Tuesday, weighed down by weaker...

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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...