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Hanwha Philly Shipyard wins 1st LNG carrier order under Hanwha ownership

Hanwha Philly Shipyard, a U.S.-based shipyard recently acquired by South Korea's Hanwha Ocean Co., has secured a 348 billion-won (US$251.2 million) contract for a...

E.A. Gibson Shipbrokers and RMK Maritime join forces to expand maritime advisory offering

E.A. Gibson Shipbrokers, a globally recognised leader in shipbroking, announced that it is joining forces with RMK Maritime (Europe) Ltd (RMK Maritime), an established...

Tankers International welcomes Lila Global as new pool partner

VLCC pool, Tankers International continues to expand with the addition of Lila Global and its VLCC, Lila Kochi. This new partner reinforces Tankers International’s...

UK targets 135 Russian ‘shadow fleet’ tankers with fresh sanctions

Britain on Monday imposed new sanctions on Russia's so-called "shadow fleet", targeting 135 oil tankers along with two Russian firms, shipping company Intershipping Services...

Iron ore futures hit multi-month highs on mega-dam announcement

Iron ore futures surged to their highest levels in nearly five months on Monday, buoyed by the announcement of construction on the world’s largest...

Baltic Index snaps 7-session winning streak as larger vessel rates fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday to snap a seven-session winning...

Barcelona reduces port capacity to limit cruise ship calls

Barcelona is set to reduce the number of port terminals for cruise ships in the city’s latest attempt to limit the number of tourist...

Cadeler takes delivery of Wind Keeper and locks down first three years of utilisation with the signing of a long-term firm contract

Cadeler has taken delivery of its latest acquisition, the vessel Wind Keeper, ahead of schedule. The newest addition to the fleet has landed her...

Yang Ming orders LNG dual-fuel vessels from Hanwha Ocean advancing its fleet optimization plan

As part of its ongoing fleet optimization plan, Yang Ming Marine Transport Corporation held its 404th Board Meeting and approved the order of seven...

Greek fleet to keep shipping approved Russian oil despite new EU sanctions, sources say

Greek tanker operators shipping approved Russian oil exports are expected to continue doing so despite a new wave of tougher sanctions by the 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...