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Wärtsilä launches major test programme towards carbon-free solutions with hydrogen and ammonia

Wärtsilä continues to lead the ongoing transformation of the energy and marine sectors towards carbon-free solutions through its future fuel development work. The company...

Seanergy Announces New Time Charter Agreement & New Financing Agreement

Seanergy reported that, taking advantage of the current strong market conditions, it has fixed one more of its Capesize vessels, the M/V Worldship, under...

Stena comes to the rescue of subsidiary Concordia Maritime

Concordia Maritime has agreed upon a conditional agreement with Stena Bulk, or a nominated company within the group of companies, on time charter of...

UK Government publishes world’s first ‘greenprint’ to decarbonise all modes of transport by 2050

Cleaner air, healthier communities and tens of thousands of new green jobs are set to become reality thanks to the UK's revolutionary Transport decarbonisation...

DP World says wins ruling against Djibouti’s port company

Dubai's DP World said on Monday an arbitration tribunal in London ruled that Djibouti's port company, Port de Djibouti S.A. (PDSA) breached a joint...

Intermodal Weekly Market Report [W27]

In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and developing countries...

Shipping renews calls for bunkering meters in Europe’s key port hub

Delays and disputes over marine bunkering operations remain widespread at the key Amsterdam-Rotterdam-Antwerp ports, according to industry players, fueling new calls for mandatory mass...

China’s iron ore imports hit 13-month low, more weakness seen

China’s iron ore imports fell to their lowest in 13 months in June as shipments declined, and analysts expect demand could continue to ease...

Baltic index dips on lower rates across vessel segments

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday pressured by declines across all...

Shell signs 5-year contract to supply PetroChina with carbon neutral LNG

Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said...

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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...