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Finance & Economy

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

Vitol and Grindrod announce the solvent wind-down of Cockett

Vitol and Grindrod, joint shareholders of Cockett, have made the strategic decision to conduct an orderly wind-down of Cockett. This difficult decision was reached...

MPC Capital continues profitable growth path in Q1 2025

Investment and asset manager MPC Capital AG presented its figures for the first quarter of 2025. Revenue increased by almost a quarter. The revenue...

Fincantieri reports best ever order intake

The Board of Directors of Fincantieri, chaired by Biagio Mazzotta, has approved the interim financial information as of March 31, 2025. FINANCIAL RESULTS Significant growth in Revenues at euro 2,376...

Pangaea Logistics Solutions reports financial results for the quarter ended March 31, 2025

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended March 31, 2025. FIRST QUARTER...

ADNOC L&S delivers robust Q1 2025 financial results, fueled by strategic expansion

ADNOC Logistics and Services, a global energy maritime logistics company, announced financial results for the first quarter ending March 31, 2025. ADNOC L&S revenue for...

Danaos increases stake in Star Bulk

Danaos has increased its shareholding in Star Bulk Carriers, the company has revealed. According to a relevant SEC filing, Danaos has acquired approximately 2.03m shares...

Cheniere reports first quarter 2025 results and reconfirms full year 2025 financial guidance

Cheniere Energy announced its financial results for the first quarter 2025. RECENT HIGHLIGHTS During the three months ended March 31, 2025, Cheniere generated revenues of approximately...

DIS reports “another very profitable quarter”

The Board of Directors of d'Amico International Shipping, a leading international marine transportation company operating in the product tanker market, today examined and approved...

Costamare posts USD 95 mln net income in 1Q2025

Costamare reported unaudited financial results for the first quarter ended March 31, 2025 (“Q1 2025”). I. PROFITABILITY AND LIQUIDITY • Q1 2025 Net Income available to...

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PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

Vitol and Grindrod announce the solvent wind-down of Cockett

Vitol and Grindrod, joint shareholders of Cockett, have made the strategic decision to conduct an orderly wind-down of Cockett. This difficult decision was reached...

MPC Capital continues profitable growth path in Q1 2025

Investment and asset manager MPC Capital AG presented its figures for the first quarter of 2025. Revenue increased by almost a quarter. The revenue...

Fincantieri reports best ever order intake

The Board of Directors of Fincantieri, chaired by Biagio Mazzotta, has approved the interim financial information as of March 31, 2025. FINANCIAL RESULTS Significant growth in Revenues at euro 2,376...

Pangaea Logistics Solutions reports financial results for the quarter ended March 31, 2025

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended March 31, 2025. FIRST QUARTER...

Celestyal strengthens partnership with Qatar doubling calls to Doha over the next three years

Celestyal further strengthened their partnership with Qatar Tourism, Visit Qatar and Mwani Qatar. The agreement...

US, China to slash tariffs during 90-day reprieve for talks

The US and China will temporarily lower tariffs on each other’s products in a...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite...

Baltic Index inches up on higher capesize, supramax rates

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

“Shaping the Future of Shipping” summit to be held in Athens

The Ministry of Maritime Affairs and Insular Policy, the International Chamber of Shipping and...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

AD Ports Group moves to expand presence in Kazakhstan with plans to develop a multipurpose terminal, expand fleet in the Caspian Sea region and...

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, today announced the signing and exchange of a number of diverse agreements...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite the fact that it openly expresses its objections to the...

DP World signs agreement to launch $760M port and free trade zone in Dominican Republic

DP World has signed a landmark US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of...

ThPA: The works for the 6th pier will be completed in 3.5 years

The works on the 6th pier at the port of Thessaloniki, which will start by the end of June, are expected to be completed...