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South Korea shipbuilders rue job cuts as LNG tanker demand surges – report

A surge in demand for liquefied natural gas tankers has left South Korea’s shipbuilding industry scrambling for workers after shedding half its work force...

GasLog Partners agrees charter deal for LNG carrier

GasLog Partners has signed a time charter agreement with Naturgy for the 2013-built liquefied natural gas (LNG) carrier GasLog Sydney, which is expected to...

GasLog Partners reports USD 35 mln quarterly profit

GasLog Partners, an international owner and operator of liquefied natural gas (“LNG”) carriers, reported its financial results for the three-month period ended March 31,...

ONE reports $16.8bn profit for past year; says outlook is uncertain

Japanese ocean carrier ONE has reported a record net profit of $16.8bn for its financial year ending 31 March – but for the full-year...

Havila announces sale of PSV vessels

Havila Shipping has entered into agreements with buyer for sale of the PSV vessels Havila Aurora and Havila Fortune. The sale of the vessels is...

FSL Trust Reports Q1 Net Profit Of US$ 0.2 Million

FSL Trust Management Pte. Ltd. ("FSLTM"), the trustee-manager of First Ship Lease Trust ("FSL Trust" or the "Trust"), announced the unaudited financial results of...

Yang Ming Chief Sees Port Bottlenecks Easing

Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according...

BIMCO publishes greenhouse gas position statement

The Board of Directors of BIMCO has approved the organisation’s updated greenhouse gas (GHG) position statement, elaborating on who it believes should pay for...

Wärtsilä to write-off 200 MEUR related to assets and business operations in Russia

Wärtsilä is set to write-off approximately 200 MEUR related to assets and business operations in Russia. A company announcement reads: Wärtsilä strongly condemns the war...

NYK Takes Delivery of Third Methanol-Fueled Chemical Tanker

The methanol-fueled chemical tanker Grouse Sun, owned by NYK Bulkship (Asia) Pte. Ltd., an NYK Group company based in Singapore, was delivered on April...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Iran seizes two ships in Hormuz αfter Trump halts attacks indefinitely

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip...

Military planners to discuss Hormuz reopening in London

Military planners from more than 30 countries will hold two-day talks in London from...

Wärtsilä launches next-generation simulation platform to support future-ready maritime training

Technology group Wärtsilä announces the launch of NTPRO 7, a next‑generation bridge and ship‑handling...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

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...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...