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Seanergy Awarded ‘‘The Dry Cargo Company of the Year’’ at the Lloyd’s List Greek Shipping Awards 2021

Seanergy announced that it received “The Dry Cargo Company for the Year” award by Lloyd’s List Greek Shipping Awards that took place in Athens,...

Germany probing sale of Maersk container maker to CIMC

Germany’s Federal Cartel Office is probing the proposed sale of Maersk’s refrigerated container manufacturing unit to China International Marine Containers, a spokesman for the...

IMO Assembly adopted amendment to the IMO Convention

The IMO Assembly has adopted amendments to the IMO Convention to expand the size of the Council, extend the term of its Members and...

CDP Confirms Euronav ‘B’ Score For Actions Against Climate Change

Euronav NV announced that it has been awarded a B score for taking coordinated action on climate issues by the Carbon Disclosure Project (CDP)....

Baltic index ends 10-day winning streak as rates for larger vessels slip

The Baltic Exchange’s dry bulk sea freight index ended a 10-session winning streak on Thursday, as rates of the larger segments, capesize and panamax,...

InfraCo Africa: Work set to start on pioneering freight ferry

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and Grindrod have now commissioned SECO Marine, an affiliate company of Mombasa-based Shipyard, Southern...

Shipping Alliances Drop Hundreds of Asia-North Europe Port Calls Due to Congestion

Nearly a quarter of the scheduled port calls of Asia-North Europe alliance loops were omitted in the past five months, according to an Alphaliner...

CMA CGM Group takes strategic step in logistics development

CMA CGM Group, a world leader in shipping and logistics, and Ingram Micro have signed a Share and Asset Purchase Agreement for the CMA...

OPEC+ lifts crude output in Nov amid omicron uncertainty

OPEC and its allies boosted crude oil production by 500,000 b/d in November, with 80% of the increase attributed to five members – Saudi...

November rebound in China’s key commodity imports may not last

China’s imports of major commodities were unequivocally strong in November but the robust performance may owe more to short-term dynamics that may not persist...

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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”).

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...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

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...