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Finance & Economy

Diana Shipping Inc. issues statement regarding Genco Shipping & Trading’s response to Diana’s acquisition proposal

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...

Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

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...

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...

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...

Hafnia delivers strong Q3 earnings

Hafnia Limited announced strong earnings for the Q3.

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Diana Shipping Inc. issues statement regarding Genco Shipping & Trading’s response to Diana’s acquisition proposal

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...

Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

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...

HD Hyundai’s Avikus secures industry-record contract to supply autonomous navigation to 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM,...

Fleetzero raises $43 Million Series A from Obvious Ventures, Maersk Growth, Breakthrough Energy Ventures,...

Fleetzero, a marine technology company building hybrid and electric propulsion systems for ships, announced...

Greece warns shipping fleet of risks after black sea drone attacks

Greece has warned its shipping fleet to upgrade security measures to the highest possible...

Global maritime piracy and armed robbery increased in 2025

The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and...

HD Hyundai’s Avikus to supply autonomous navigation system to 40 HMM vessels

HD Hyundai said Friday that its autonomous shipping unit Avikus has secured an order...

Cosco expects a return to normalcy in Suez

In an environment of intense geopolitical developments and changing cargo flows, the port of Piraeus remains at the heart of global trade. The gradual normalization...

Panama Ports see 3.6% rise in TEU container traffic in 2025

Panama’s port traffic rose 3.6% in 2025 to 9.9 million TEU containers compared to the previous year, the country’s Maritime Authority said on Friday. The...

Port of Piraeus: Cruises kick off 2026 with strong momentum

With the arrival of the first cruise ships, Piraeus Port Authority S.A. officially inaugurated the 2026 cruise season, marking the beginning of another dynamic...

Nova Marine Carries lands a new port in Amsterdam with Bolten and Ership

Nova Marine Carriers, together with German shipping company Aug. Bolten and Spanish group Ership, has completed the acquisition of 100% of VCK Port Logistics...

Hanseatic Global Terminals and GEN reach an agreement in ownership of FIT

Hanseatic Global Terminals and Grupo Empresas Navieras (GEN), via its affiliate Agunsa Universales S.A., have reached an agreement regarding the capital structure of Florida...