Monday, September 21, 2026
HomeNewsFinance & Economy

Finance & Economy

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Finance & Economy

SFL Reports First Quarter Net Profit of $6.3 Million

SFL Corporation announced its preliminary financial results for the quarter ended March 31, 2023. Highlights 77th consecutive quarterly dividend declared, increased to $0.24 per shareNet profit...

d’Amico Posts Strong Q1 Consolidated Results

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

Torm profits soar in first quarter

TORM announced interim results for the first quarter 2023:

Euronav sees multi-year upcycle in large crude tanker freight markets

Euronav NV reported its non-audited financial results today for the first quarter ended 31 March 2023. Hugo De Stoop, CEO of Euronav said: “The counter...

Teekay posts strong Q1 results

Teekay Corporation reported results for the three months ended March 31, 2023. CEO Commentary “Teekay posted strong financial results in the first quarter of 2023, reporting...

CMA CGM Commits to $5.5 Billion Bollore Logistics Buyout

French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros...

“The year has started well at OSG”

Overseas Shipholding Group, Inc., a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the...

Odfjell posts 47 mln net result in 1Q2023

Odfjell SE reported its results for the first quarter of 2023. The report shows another strong financial quarter for Odfjell on the back of a...

Capital Product Partners Announces First Quarter 2023 Financial Results

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2023. Highlights  Three-month periods ended...

A.P. Moller – Maersk reports solid Q1 results

A.P. Moller – Maersk (Maersk) reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...