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Finance & Economy

TOP Ships announces receipt of Nasdaq notice

TOP Ships announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated April 21, 2023, indicating that because the closing...

Diana takes out USD 100 million loan to refinance debt maturing by May 2024

Diana Shipping announced that on April 12, 2023, it signed a term loan facility with Danish Ship Finance A/S for up to US$100 million...

Agreement for the Acquisition by GasLog of GasLog Partners Publicly Held Common Units

GasLog and GasLog Partners, each an international owner and operator of liquefied natural gas carriers, announced that they have entered into a definitive merger...

Performance Shipping announces Equity Buyback program

Performance Shipping announced a share repurchase program. Under the program, the company will repurchase up to $2 million worth of its common stock. The repurchase program...

Tsantanis acquires more Seanergy shares

Seanergy announced that its Chairman and CEO, Stamatis Tsantanis, has purchased 100,000 shares at an average price of $5.32, or approximately $532,000 worth of...

John Fredriksen Becomes Largest Euronav Shareholder

John Fredriksen has increased his position in Euronav to become the largest shareholder of the Belgium tanker company. According to a new SEC filing, Famatown...

Scorpio Tankers Announces Repurchases of Its Common Shares

Scorpio Tankers announced that it has repurchased its common shares in the open market. Recently, the Company purchased 1,269,864 of  its common shares  in the ...

Euronav: Crude Tanker Market Well Positioned for Multi-Year Upcycle

Euronav NV reported its final financial results for the full year to 31 December 2022. The large crude tanker market is well positioned to start...

Torm Shares Down After Secondary Offering Commences

Torm Plc shares fell on Thursday after a secondary public offering of five million of its common shares was initiated by shareholder OCM Njord...

Stolt-Nielsen sees increased profit in first quarter

Stolt-Nielsen Limited reported unaudited results for the first quarter ending February 28, 2023. The Company reported a first-quarter net profit of $99.8 million, with...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...