Shipping Herald

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 lane, marking the creation of a …

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of sailings, as the cruise line celebrates the resumption of its Mediterranean programme. Running for 24 hours …

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Ardmore Shipping Corporation provided the following update on capital allocation, vessel sale, and latest TCE guidance. Fleet Investment The Company signed contracts for the construction of two highly-efficient and versatile …

BW Offshore has signed a Front-End Engineering and Design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada. The FEED agreement formalises the next …

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 of $ 385 million, …

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a …

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 profit dropped to JPY 175.8bn …

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 revenue for FY2025 to US$16,620 …

TotalEnergies (TTEF.PA), opens new tab will not resume Middle ‌East production until shipping transit through the Strait of Hormuz has stabilised, its CEO said on Wednesday. About 15% of Total’s …

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 billion, underpinned by volume growth, high …

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

Taiwan-based shipping company Chinese Maritime Transport (CMT) has placed an order for two additional newcastlemax bulk carriers at China State Shipbuilding Corporation’s Qingdao Beihai shipyard, according to the company’s announcement. …

On the back of additional vessel sales and a stronger tanker market, NORDEN upgrades the 2026 full-year net profit guidance to USD 70 – 140 million (previously USD 30 – …

The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers’ group as an unprecedented energy crisis triggered by the Iran war …

Seanergy Maritime Holdings Corp., controlled by Stamatis Tsantanis, has once again secured 10th place in the global Top 100 C Performers Worldwide ranking for the capesize segment, according to the …

Klaveness Combination Carriers ASA reported EBITDA of USD 29.3 million and Profit after tax of USD 15.6 million for the first quarter of 2026, an increase of 30% and 51% …

Wärtsilä’s announced its interim report for the period January–March 2026. January–March 2026 highlights Total order intake increased by 10% to EUR 2,099 million (1,902), while the organic growth, which excludes …

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member of Wärtsilä’s Board of Management, has decided to continue her career outside Wärtsilä and accept a …

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and Adriatic programme for 2026 and 2027. Running from April 27 to June 2, 2026, the campaign …

According to a relevant filing, Top Ships has signed a Common Share Purchase Agreement with B. Riley Principal Capital II, giving the firm the option to sell up to $50 …

Danaos Corporation, led by Dr. Ioannis Koustas, is moving forward with a new strategic initiative in the dry bulk sector, having reached an agreement with Chinese shipbuilder Dajin Offshore for …

Hanwha Ocean and Leidos are collaborating to advance next-generation naval ship design, strengthen U.S. shipbuilding capacity, and pursue opportunities across global defense markets. Hanwha Ocean’s world-class shipbuilding, combined with Leidos’ …

South Korean shipbuilder Hanwha Ocean Co. saw its operating profit soar more than 70 percent in the first quarter of this year from a year ago, driven by a boom …

Scorpio Tankers Inc. announced that the Company has received a commitment from Bank of America for a credit facility of up to $50 million. The credit facility will be used …

Maritime asset manager Yangzijiang (YZJ) Maritime Development has ordered 10 newbuilds to increase its portfolio to 105 vessels, of which 53 are under construction, according to a bourse filing on …

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris Chrysostomou named Deputy Chief Executive Officer, the company announced. Hadjipetrou, a longstanding member of the organisation, …

Noble Corporation plc reported first quarter 2026 results. Three Months Ended (in millions, except per share amounts) March 31, 2026 March 31, 2025 December 31, 2025 Total Revenue $ 786 …

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to address the situation in the Strait of Hormuz, where around 20,000 seafarers remain trapped and unable …

Boluda Towage takes a new step in its global expansion with the acquisition of Seatrium Group’s tugs and the servicing of their shipyards’ towage requirements business in Singapore, one of …

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday, as efforts to revive talks stalled and both Tehran and Washington showed little sign of softening …

The Strait of Hormuz remains largely empty of merchant ships, with only a few Tehran-linked vessels moving through the waterway, following a tense week that saw Iranian gunboat attacks and …

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO of PPA S.A., Angelos Karakostas, at …

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing of a Memorandum of Understanding to support PIL’s participation in Book and Claim registries, enabling credible …

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the outstanding shares of common stock of …

China on Sunday delivered its biggest independently designed and built liquefied natural gas carrier to date, marking a breakthrough in the country’s ability to build large vessels for clean energy …

TEN Ltd. announced the employment extension for two DP2 shuttle tankers, in direct continuation of the existing charters which commenced at delivery back in 2013, for up to five years …

Seadrill Limited announced two contract awards with LLOG Exploration Company LLC, a subsidiary of Harbour Energy in the U.S. Gulf, adding approximately $260 million to contract backlog. The ultra-deepwater drillship …

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has been spun off from Kongsberg Gruppen …

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said the unusually high prices reflected a …

M/MARITIME is entering the feeder containership sector, through investment in the construction of two 2,800 TEU ships at HD Hyundai Heavy Industries (HHI). The agreement provides for the construction of …

JHI Steamship has placed an order for a 320,000 dwt VLCC at Hanwha Ocean, with delivery expected in 2029. The company is also building three aframax/LR2 tankers at K Shipbuilding …

The capesize bulker segment once again took centre stage in discussions on the future of the dry bulk market, during the Dry Bulk Sector Panel at the Capital Link Singapore …

Asyad Shipping Company SAOG has announced the purchase of two second-hand Kamsarmax dry bulk carriers for a total consideration of RO 28 million (approximately $72.7 million). An agreement to this …

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 in the first three months of …

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after U.S. President Donald Trump called off attacks with no sign of …

A Greek-managed container ship has been seized by Iranian forces in the Strait of Hormuz, the vessel’s management has confirmed, and Iranian media said the paramilitary Revolutionary Guard was bringing …

Singapore-based Eastern Pacific Shipping (EPS) marks Singapore Maritime Week (SMW) with the maiden voyage of its MR tanker Pacific Sunstone to Singapore, underscoring the city-state’s role as a global hub …

BOURBON announces a major strengthening of its fleet with the addition of 13 new offshore support vessels since the beginning of 2026, representing a value of over USD 180 million. …

Global ocean services provider DeepOcean has been awarded a contract for installation support of the inter-array cables on the TPC offshore wind farm phase 2 (TPC-II) offshore Taiwan. DeepOcean’s scope …