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Hong Kong’s CK Hutchison seeks Chinese investor to join Panama Ports deal

A Hong Kong conglomerate that had agreed to sell its two ports at the Panama Canal said Monday it may seek a Chinese investor...

Venture Global announces final investment decision and financial close for phase 1 of CP2 LNG

Venture Global announced a final investment decision (FID) and successful closing of the $15.1 billion project financing for the first phase of the company’s...

GOGL – Update on merger with CMB.TECH and change of VPS Registrar

Reference is made to the stock exchange announcement made by Golden Ocean Group and CMB.TECH NV on 28 May 2025, where a merger between...

EU to buy $750 billion of US energy in trade agreement

The EU has agreed to buy $750 billion worth of energy from the US as part of the two sides’ trade agreement, which could...

Baltic index falls on lower demand across vessel segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday as all vessel segments recorded...

Greece sends salvage vessel “Giant” to the Red Sea

The ultra-modern salvage vessel “Giant” in the port of Piraeus, which in collaboration with the Hellenic Association of Tugboat Owners – Rescue Vessels –...

Kpler’s acquisition of Spire Global’s maritime unit cleared by UK regulator

The UK’s Competition and Markets Authority has determined that Kpler’s acquisition of Spire Global’s maritime data business does not qualify for investigation. The decision was...

Yemen’s Houthis threaten to target ships linked to firms dealing with Israeli Ports

Yemen’s Houthis said on Sunday they would target any ships belonging to companies that do business with Israeli ports, regardless of their nationalities, as...

Nakilat and KEXIM launch first financing package for 25 Korean-built conventional LNG vessels

Nakilat has launched the first financing package with the Export-Import Bank of Korea (KEXIM) for 25 conventional Korean-built LNG vessels that will be fully...

CK Hutchison in talks to invite Chinese investor for ports sale after Beijing’s scrutiny

CK Hutchison said on Monday it was in talks with a consortium pursuing its $22.8 billion ports business to add a Chinese "major strategic...

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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...