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Finance & Economy

Seanergy Announces Successful Self Tender Offer for its Outstanding Class E Warrants and Preliminary Results

Seanergy announced the preliminary results of its tender offer to purchase all outstanding Class E Warrants at a price of $0.20 per warrant, net...

Scorpio Tankers Announces Repurchases of Its Common Shares

Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that it has purchased its common shares in the open market. Purchase of Common Shares Today,...

Euronav disputes Frontline’s right to halt merger

Belgian oil tanker and storage group Euronav disputes Frontline’s right to end a merger agreement between the companies and is considering its options, including...

A.P. Moller-Maersk Announces New Executive Leadership Team

A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new executive leadership team. The changes are effective 1 February, 2023...

DHT Holdings announces $305 million financing

DHT Holdings, announced a new $305 million secured credit facility. It is in line with the “DHT-style financing” including a six-year tenor and a 20-year...

Ardmore Appoints a New Director to the Company’s Board

Ardmore announced the appointment of Mr. James Fok to the Company's Board of Directors as a Class III director, and he is expected to serve on...

Scorpio Tankers secures new credit facility

Scorpio Tankers announced that (i) it has purchased its common shares in the open market, (ii) the President of the Company, Robert Bugbee, has...

Eagle Bulk Announces Transfer of Listing to the New York Stock Exchange

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk segment, announced that it will transfer the listing of its shares from...

Carnival Corp Posts Smaller Loss

Carnival Corp on Wednesday posted a smaller-than-expected quarterly loss as the cruise operator kept a tight lid on operating costs, sending its shares up about...

Golden Ocean launches $100m stock buyback

The Board of Directors of Golden Ocean has on October 4, 2022, authorized a share buy-back program of maximum USD 100 million to purchase...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

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...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

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...

Pacific International lines delivers resilient earnings in FY2025

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...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

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...

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...