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MOL integrates group ship management companies, consolidating functions into MOL global ship management

Mitsui O.S.K. Lines announced that with the aim of integrating the MOL Group’s ship management functions and enhancing safety operations, MOL has renamed its...

Putin says FSB approval will be needed for foreign vessels entering Russian ports

Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir...

Throughput in the port of Rotterdam declines in first half year

Throughput in the port of Rotterdam decreased by 4.1% in the first half of 2025. This brought the total throughput to 211.0 million tonnes....

Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters

Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&PE), begins...

BIMCO addresses USTR actions

It would be fair to say that, so far, 2025 is proving to be quite an eventful year for shipping, starting off with the...

Daehan Shipbuilding’s IPO draws strong demand ahead of Kospi debut

DH Shipbuilding, a mid-to-large-sized South Korean shipbuilder, has successfully wrapped up its institutional bookbuilding ahead of its Kospi listing, in what may signal a...

Intermodal Weekly Market Report [W29]

 This week's analysis explores the progress of greening and decarbonization process, focusing also to the Greek owned shipping segment.

Iron ore climbs for fifth session on Beijing hydropower stimulus

Iron ore futures prices closed higher for a fifth straight session on Tuesday, buoyed by expectations of further stimulus after Beijing unveiled a $170...

Baltic index rises on higher capesize vessel rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Tuesday on higher rates for the...

ECSA, A4E: Make clean fuels available for shipping & aviation

Ahead of the Implementation Dialogue meeting of Commissioner Tzitzikostas with airlines and shipowners on the European Sustainable Transport Investment Plan (STIP), A4E and European...

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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...