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Iron ore makes unruly retreat to more normal price levels

Just as iron ore’s surge to a record high in May was an overblown rally, its plunge last week was a disorderly retreat, with...

Cyprus President gives shipping sector full backing

Cyprus President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cyprus Union Of Shipowners in Athens. Anastasiades underlined...

Green Energy Group: Second extension of Petrel Explorer renewables contract

Green Energy Group announced that the offshore windfarm support contract for Petrel Explorer has been extended by one more month, bringing the total contract...

Third Tanker Carrying Iranian Fuel Underway To Lebanon

A third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon, TankerTrackers.com reported on Twitter on Sunday. Lebanese Prime Minister Najib...

Woes mount for U.S. soy shippers as China gives Brazil unusual nod

Brazil’s soybean exports should be winding down at this time as the U.S. harvest takes center stage, though China’s cancellation of U.S. cargoes on...

Grindrod: Closing of IVS Bulk Financing & IVS Phoenix Acquisition

Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, announced the following transactions: On September 15th, 2021, in...

Gibson Weekly Tanker Market Report [W37]

The news that the Nigerian National Petroleum Company (NNPC) intends to take a 20% stake in the $18 billion under-construction Dangote Refinery caused us...

Brittany Ferries and CMA CGM form a partnership in passenger and freight transport

On the occasion of the Assises de l’économie de la mer event, the largest annual meeting of participants in France’s sea economy, Brittany Ferries,...

China eases wheat quality terms for rain-hit French crop

Chinese buyers have agreed to relax a key quality specification for upcoming shipments of French wheat in response to rain damage in France’s harvest,...

BIMCO: Chinese coal imports from Australia drop 98.6% as restrictions bite

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian coal...

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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...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

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...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

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...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...