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Finance & Economy

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...
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Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...
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IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...
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KCC Capital Markets Day – Fleet expansion and optimization supporting continued profitable growth and value creation

Klaveness Combination Carriers ASA hosts its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC presents its strategy for 2026–2030;...
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Trafigura publishes 2025 Annual Results

Trafigura Group Pte Ltd, a global leader in the commodities industry, announced its financial results for the 12-month period ending 30 September 2025. Chief Executive...
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Castor Maritime sees strong increase in Q3 net profitability 

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and nine months ended September 30, 2025. Highlights...
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Marco Polo Marine closes 16.7% higher on profit jump, bright outlook; over 100 million shares change hands

Shares of  Marco Polo Marine: 5LY -2.14% ended Tuesday (Dec 2) up 16.7 per cent or S$0.02 at S$0.14, after more than 100 million...
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Hafnia delivers strong Q3 earnings

Hafnia Limited announced strong earnings for the Q3.
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NAT: Increased dividend and solid prospects

Nordic American Tankers increased dividend and solid prospects. “The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain...
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Globus releases financial results; hails “nimble chartering strategy”

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30,...
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TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...

IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...

KCC Capital Markets Day – Fleet expansion and optimization supporting continued profitable growth and value creation

Klaveness Combination Carriers ASA hosts its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC presents its strategy for 2026–2030;...

Trafigura publishes 2025 Annual Results

Trafigura Group Pte Ltd, a global leader in the commodities industry, announced its financial results for the 12-month period ending 30 September 2025. Chief Executive...

Intermodal Weekly Market Report [W51]

While the war in Ukraine remains unresolved, any meaningful deescalation arising from ongoing peace...

Baltic Index falls to five-month low as vessel rates decline across the board

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Celestyal celebrates Celestyal Discovery’s Arabian Gulf debut

Celestyal has held a series of plaque exchange ceremonies to mark Celestyal Discovery’s debut...

Golden Island appoints Capt Kevin Wong as chief operating officer

Singapore-based marine fuels supplier Golden Island has appointed Capt. Kevin Wong as Chief Operating...

Baltic Index falls as vessel rates slide across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Port of Patras: Patradise Marina, cruises and new development projects in focus

A working meeting with the Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, was held on Tuesday by the President and CEO of...

Port of Los Angeles on track for third best cargo year on record

The Port of Los Angeles processed 782,249 Twenty-Foot Equivalent Units (TEUs) in November, a decrease of 12% compared to last year’s elevated cargo levels....

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...

PPA’s five-year plan based on three pillars

The new five-year business plan of the port of Piraeus focuses on the utilization of more financial tools, its strengthening as a key transit...

Skaramangas Shipyards becomes Green Award Incentive Provider, strengthening support from a growing European shipyard

The Green Award Foundation welcomes Skaramangas Shipyards, the largest shipyard in Greece and one of the most significant shipbuilding and repair facilities in the...

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