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Concordia Maritime comes out of the year in deficit

Concordia Maritime finished 2021 with an operating loss (EBITDA) of SEK 82.6m (USD 8.9m) and a pre-tax deficit of SEK 658.2m. The company announced its...

Maersk expects supply chain chaos to continue in 2022

Shipping group Maersk says it expects 2022 earnings will reach the same level as last year, as the chaos that has weighed on global...

Maran Gas Maritime orders two LNG carriers from DSME

Daewoo Shipbuilding & Marine Engineering (DSME) won an order for 2 LNG carriers from Maran Gas Maritime. The ships will be built at Okpo...

Danaos: Profits of over 1 billion dollars

Danaos Corporation, one of the world’s largest independent owners of containerships, reported unaudited results for the fourth quarter and the year ended December 31,...

2021 a transformational year for Castor

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months and year ended December 31, 2021. Highlights of the Fourth...

Dorian LPG: Lower rates and decrease in Q3 earnings

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended December...

Celestyal Cruises Launches New Seaware Reservations Platform

Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean, is pleased to announce the launch...

Euronav’s net loss deepens

Euronav deepened its quarterly net loss as the spread of the highly contagious Omicron variant of the coronavirus dragged on the recovery of the...

Cargill, Mitsui, Maersk Tankers launch green technological solution

Cargill, Mitsui and Maersk Tankers have launched their green technological solution Njord, which aims to accelerate cost-effective and industry-wide greenhouse gas reductions. Njord brings shipowners,...

CPLP posts 448 pct net income increase in 4Q2021

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the fourth quarter ended December 31, 2021. Highlights Three-month periods ended...

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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...