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Finance & Economy

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...

Genco Announces First Quarter Financial Results

Genco , the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months ended...

DHT Holdings Announces First Quarter 2023 Results

DHT Holdings announced its results for the quarter ended March 31, 2023…

Scorpio Tankers announces strong Q1 results

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2023. The Company also announced that its board of directors has declared...

GasLog Partners LP Reports Financial Results for 1Q 2023

GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, reported its financial...

Dorian LPG Declares Irregular Cash Dividend of $1.00 Per Share

Dorian LPG announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock. The total...

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...

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HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

Stena signs agreement to acquire Color Line

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color...

TEN announces common shares dividend and share repurchase authorization

TEN, Ltd., following the conclusion of the Company’s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual...

UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...