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Baltic dry index hits one-month high on capesize strength

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday to a one-month high, supported...

Seaspan signs MoU to reestablish domestic supply chain with Stigterstaal Canada & Algoma Steel

Seaspan Vancouver Shipyards has signed a Memorandum of Understanding with Stigterstaal Canada and Algoma Steel Inc. to explore a strategic partnership aimed at reestablishing...

Athens – Piraeus among the 10 largest shipping centers worldwide

Greece maintains its leading position on the global shipping map, with the Athens-Piraeus region occupying 8th place among 43 top shipping centers. According to the...

Seaven Tanker: Twenty ships – 15 with Greek flag

Seaven Tanker & Dry Management Inc., owned by brothers Nikolas and Stratos Tsalamaniou, has acquired the 20th ship in its fleet, flying the Greek...

Port of Antwerp: Container growth softens impact of declining bulk traffic and congestion in first half of 2025

In the first six months of 2025, the total throughput of Port of Antwerp-Bruges was 137.2 million tonnes, a decrease of 4.3% compared to...

Golden Energy Offshore completes refinancing

Golden Energy Offshore Services ASA announced that the refinancing of the vessel Energy Swan has now been completed on terms aligned with the financing...

Intermodal Weekly Market Report [W28]

China’s property sector remains entrenched in a deep correction in 2025, with no signs of near-term stabilization.

Iron ore reverses early losses on positive economic data, improving Australia ties

Iron ore futures prices rebounded on Tuesday, reversing early losses as positive economic data and strengthening ties between major producer Australia and top consumer...

Baltic freight index buoyed by gains across segments

The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Tuesday to its highest level in...

Itochu orders world’s first ammonia bunkering vessel

Itochu Corporation has reached an agreement to build the world’s first ammonia bunkering vessel, aiming to operate by September 2027. The 5,000 cubic meter vessel...

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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...