Monday, May 4, 2026
HomeNewsFinance & Economy

Finance & Economy

Subscribe

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

Finance & Economy

SFL profits from vessel sales to Frontline & MSC

SFL Corporation Ltd. announced its preliminary financial results for the quarter ended March 31, 2022. Highlights • 73rd consecutive quarterly dividend declared, $0.22 per share • Operating...

Teekay to Complete FPSO Business Exit By End of 2022

Teekay Corporation reported results for the three months ended March 31, 2022. These results include the Company’s publicly listed consolidated subsidiary, Teekay Tankers Ltd. (Teekay...

Hapag-Lloyd with extraordinarily strong start to the year in Q1

Hapag-Lloyd has concluded the first quarter of 2022 with an EBITDA of USD 5.3 billion (EUR 4.7 billion). The EBIT rose to USD 4.8...

Euronav announces first quarter 2022 results

Euronav NV reported its non-audited financial results for the first quarter ended 31 March 2022. Hugo De Stoop, CEO of Euronav said: “The conflict...

Atlas continues its solid financial results in Q1

Atlas announced its results for the quarter ended March 31, 2022. Highlights: First quarter 2022 financial performance compared to first quarter 2021: Revenue growth of 9.5% to...

FLEX LNG Posts Strong First Quarter Financial Results

Flex LNG announced its unaudited financial results for the three months ended March 31, 2022. Highlights: • Vessel operating revenue of $74.6 million for the first...

TORM Posts Improved Results In First Quarter

In Q1 2022, TORM achieved TCE rates of USD/day 16,743 (2021, same period: USD/day 13,493) and an EBITDA of USD 60.4m (2021, same period:...

Global Ship Lease delivers another quarter of earnings growth

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three months ended March 31, 2022. First Quarter 2022 Reported operating...

Frangou ‘pleased’ with Q1 financial results

Navios Maritime Partners L.P, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended...

Castor benefits from robust dry bulk market in Q1

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months ended March 31, 2022. Highlights of the First Quarter...

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...