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Subsea7 awarded contract offshore Australia

Subsea7 today announced a substantial1 award by Chevron Australia. The contract covers subsea installation on the Gorgon Stage 3 (GS3) Project, offshore Australia. Subsea7’s scope...

TORM appoints Simon Mackenzie Smith as Chair of the Board

TORM announced that the Board of Directors has appointed Simon Mackenzie Smith as the new Chair of the Board, succeeding Chris Boehringer. The appointment...

MSC Cruises and Meyer Werft sign landmark agreement for six next-generation cruise vessels

MSC Cruises announced a major new order for four next-generation cruise vessels and two additional options from MEYER WERFT in Papenburg marking the launch...

China ups demand to controlling stake in Panama ports deal, WSJ reports

China has upped its demands and is now pushing for state-owned ship operator Cosco to get a controlling stake in a $22.8 billion ports...

Intermodal Weekly Market Report [W50]

As 2025 draws to a close, the transitional period for the EU's Carbon Border Adjustment Mechanism (CBAM) is coming to an end. From January...

Iron ore edges higher on anticipation of holiday restocking

Iron ore futures prices rebounded on Tuesday after touching a five-month low in the prior session, helped by the anticipation of a wave of...

Baltic Index edges up on stronger rates across larger vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, edged up on Tuesday, supported by stronger...

Hapag-Lloyd orders eight new dual-fuel methanol container ships

Hapag-Lloyd has signed a contract with the Chinese shipyard CIMC Raffles for the construction of eight new container ships. The ordered units will each...

SSY’s expansion strategy accelerates with acquisition of leading Scandinavian brokerage – Grieg Shipbrokers

SSY, the world’s largest independent shipbroker announced that it has agreed terms to acquire a leading Scandinavian brokerage, Grieg Shipbrokers, which will become part...

Global shipping finance transparency initiative reveals closer alignment with climate goals

Ship financiers’ lending portfolios are getting closer to reaching climate alignment with the International Maritime Organization’s (IMO) ambitious decarbonisation trajectories, with average scores against...

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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...