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Finance & Economy

Performance Shipping Announces Termination of ATM Offering

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, effective August 23, 2022, it has terminated the At...

DP World reports record half-year profits

DP World Limited has announced strong financial results for the six months to 30 June 2022 with total revenue growing 60.4% year-on-year and 20.1%...

Odfjell Tankers reports strongest results in 15 years

Odfjell SE reported its results for the second quarter of 2022. The report shows a chemical tanker market that continued to strengthen into the second...

Grindrod Shipping posts record Q2 financial results

Grindrod Shipping, a global provider of maritime transportation services predominantly in the drybulk sector, announced its earnings results for the three months and the...

ZIM reports strong Q2 financial results

ZIM Integrated Shipping Services, a global container liner shipping company, announced its consolidated results for the three and six months ended June 30, 2022....

Royal Caribbean announces proposed offering of senior unsecured notes to refinance near term debt maturities

Royal Caribbean Group announced that it has commenced a private offering of $1,000,000,000 aggregate principal amount of senior unsecured notes due 2027. The Company intends...

Wallenius Wilhelmsen secures USD 800 mln of sustainability-linked vessel loans

Wallenius Wilhelmsen signs USD 800 million of new loans secured by 20 vessels. "We are happy to close the flagship facilities with our banks...

Clarkson Reports Strong Financial Results

Clarkson PLC announces unaudited Interim results for the six months ended 30 June 2022. Summary · Underlying profit before taxation* of £42.2m (2021: £27.5m), an increase...

OSG Q2 results continue to build on progressive quarter-to-quarter improvements

Overseas Shipholding Group, Inc., a leading provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported...

Nakilat: Solid financial performance in first half of 2022

Nakilat, the world’s largest Liquefied Natural Gas (LNG) fleet owner, achieved a net profit of QAR 730 million for the first half of the...

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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...