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US seizes Iranian cargo ship, Tehran vows to retaliate

The United States said on Sunday that it had seized an Iranian cargo ship that ​tried to run its blockade and Iran said it...

Aygaz orders LPG carriers at Hyundai Samho

Aygaz has signed a shipbuilding contract with HD Hyundai Samho to build two, dual fuel, liquefied petroleum gas (LPG) transportation vessels (90,000 cbm). The...

Thenamaris sells LNG carrier for USD 80 mln

Thenamaris has reportedly sold LNG carrier “Cool Rider” (155,000 cbm / blt 2007) at a price that, according to market information, reaches USD 80...

Aegean Shipping: Strategic partnership with Danaos Consultants

Aegean Shipping Management, in collaboration with Danaos Management Consultants, is developing digital technology by leveraging artificial intelligence tools. The shipping company, owned by George...

Maran Gas Maritime receives two LNG carriers

The Angelicoussis Group is moving forward with the expansion of its LNG carrier fleet through the delivery of the Danuta Siedzikowna Inka and Rotmistrz...

ZIM announces CEO departure

ZIM Integrated Shipping Services Ltd. (the “Company”) announced earlier today that Mr. Eli Glickman, the President and Chief Executive Officer of the Company, informed...

Transocean announces $158 million award for Ultra-Deepwater Drillship

Transocean Ltd. announced that the Deepwater Asgard was awarded a five-well contract in the Eastern Mediterranean Sea with an undisclosed operator. The estimated 390-day...

Seaspan Marine streamlines business with sale of chip and hog fuel barge division to Hodder

Seaspan Marine announced an agreement with Hodder Tugboat Co. Ltd. to sell its legacy chip and hog fuel barge division, and remaining forestry industry...

Pacific Basin drops dual-fuel plan in favour of conventional ships

Pacific Basin announced that it has revised its ship construction programme, opting for four conventional vessels instead of previously planned dual-fuel ships. The shipping company...

Yangzijiang Maritime invests in eight VLCCs for 2028–2030 delivery

Yangzijiang Maritime is investing in eight ‘Very Large Crude Carrier’newbuilds of approximately 319,000 deadweight tonnes (DWT) each. The vessels will be constructed by a large...

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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...