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EXMAR Orders 4 Suezmax Tankers

Exmar NV announced that it has placed an order for 4 newbuild Suezmax tankers, with an option to order 4 more. The vessels will be...

CMA CGM acquires rail logistics firm Freightliner UK

CMA CGM on Monday announced the acquisition of Freightliner UK Intermodal Logistics, a rail logistics specialist, as the French shipping group continues to expand...

Polaris International breaks into bulkers

Polaris International announced it has entered the dry bulk shipping sector with the launch of Polaris Bulkers, building on the company’s solid reputation in...

Hanwha appoints Former U.S. Deputy National Security Advisor as Global Chief Strategy Officer

Hanwha Group, a global leader in defense, shipbuilding, and energy solutions, has appointed Alex Wong as Global Chief Strategy Officer (CSO) to lead the...

Iron ore firms as increased building materials demand lift steel output

Iron ore futures prices advanced on Monday, as blast furnace steel production increased amid rising demand for building materials ahead of China’s National Day...

Baltic freight index eases, with weakness across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged down on Monday, with weakness seen...

Allseas awarded Brae Alpha decommissioning contract

TAQA UK has awarded Allseas the contract for the engineering, preparation, removal and disposal (EPRD) of the Brae Alpha platform in the UK Central...

Cruise industry: Commitment to sustainable development

At Seatrade Cruise Europe 2025 in Hamburg, the Strategic Alliance of European Cruise Port Associations renewed its partnership, with the participation of the President...

Nations ratify first global treaty to protect ocean life

As climate impacts multiply, a landmark United Nations treaty to protect ocean lifewill go into effect in January. Sierra Leone and Morocco on Friday provided...

DEME expands Subsea Cable Installation Fleet with New Offshore Construction Vessel

Belgium-based engineering group DEME has confirmed an order for a new Offshore Construction Vessel (OCV), designed to strengthen its subsea cable installation capacity and...

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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...

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...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

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...

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...

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...