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Finance & Economy

Pyxis Tankers Announces Record Financial Results

Pyxis Tankers Inc., an international pure play product tanker company, announced its unaudited results for the three and six month periods ended June 30,...

Star Bulk continues strong performance in 2022

Star Bulk announced its unaudited financial and operating results for the second quarter of 2022. Petros Pappas, Chief Executive Officer of Star Bulk, commented: “Star...

S&P Dow Jones Indices Launches S&P GSCI Freight Indices Tracking Dry Bulk Sector

S&P Dow Jones Indices, the world’s leading index provider, today announced the launch of the S&P GSCI Freight Index Series, expanding S&P DJI’s suite...

Eagle Bulk reports record net income of $94.5 million

Eagle Bulk reported financial results for the quarter ended June 30, 2022. Quarter highlights: Generated Revenues, net of $198.7 million Achieved TCE(1) of $30,207/day basis TCE Revenue(1)...

Teekay posts improved results in Q2 on higher spot tanker rates

Teekay Corporation reported results for the three and six months ended June 30, 2022. These results include the Company’s publicly listed consolidated subsidiary, Teekay...

Euronav Posts Increased Second Quarter Earnings

Euronav NV reported its non-audited financial results for the second quarter ended 30 June 2022. Hugo De Stoop, CEO of Euronav said: “Recent months...

FSL Trust reports improved net profit in 2nd quarter

FSL Trust Management Pte. Ltd. (“FSLTM”), the trustee-manager of First Ship Lease Trust announced the unaudited financial results of FSL Trust for the 2nd...

Seanergy reports record financial results for 2nd quarter & 1st half of 2022

Seanergy announced its financial results for the second quarter and six months ended June 30, 2022. The Company also declared a quarterly dividend of...

Performance Shipping sees ‘sustainable charter rate recovery’

Performance Shipping reported net income from continuing and discontinued operations of $3.9 million and net income from continuing and discontinued operations attributable to common...

Genco sees increased Q2 profit, announces dividend payout

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

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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...