Tuesday, May 5, 2026
HomeNewsFinance & Economy

Finance & Economy

Subscribe

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

Finance & Economy

Navios Partners Announces Acquisition of 36 Ships from Navios Holdings

Navios Holdings announced a definitive agreement providing for the sale of its 36-vessel drybulk fleet for an aggregate consideration of approximately $835.0 million consisting...

Ardmore reports record earnings for the second quarter

Ardmore Shipping Corporation announced results for the three and six months ended June 30, 2022. Highlights and Recent Activity Reported a net profit of $28.8 million...

D’Amico announces refinancing of tanker trio

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announced that its fully-owned operating subsidiary d’Amico Tankers D.A.C....

Capital Product Partners L.P. Announces Pricing of €100 Million Unsecured Bonds

Capital Product Partners L.P., an international owner of ocean-going vessels, announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, has successfully priced its...

Flex LNG raises $100m with refinancing of seven ships

Flex LNG has launched a new phase of refinancing. Specifically, the company is planning to refinance another seven ships, expecting to be able to...

Performance Shipping: New loan facility to finance acquisition of 6th Aframax Tanker

Performance Shipping announced that it has entered into an agreement for a new amortizing term loan facility of up to approximately US$31.9 million with...

HCOB refinances 7 vessels for Hamburg Bulk Carriers

Hamburg Commercial Bank (HCOB) has provided Hamburg Bulk Carriers, a shipping company based in Hamburg and Singapore, with 95 million US-Dollar to refinance a...

Stolt-Nielsen Reports Highest Q2 Profit Since 2007

Stolt-Nielsen reported unaudited results for the second quarter and first half of 2022. The Company reported a second-quarter net profit attributable to shareholders of...

Performance Shipping Reports Q1 Financial Results

Performance Shipping reported a net loss from continuing and discontinued operations of $2.1 million and net loss from continuing and discontinued operations attributable to...

Seanergy Announces Additional Share Buybacks & Open-Market Stock Purchase Plan by the CEO

Seanergy announced that the Board of Directors has authorized an additional share repurchase plan, under which the Company may repurchase up to $5 million...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

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...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

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...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

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...