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

Danaos: Profits of over 1 billion dollars

Danaos Corporation, one of the world’s largest independent owners of containerships, reported unaudited results for the fourth quarter and the year ended December 31,...

2021 a transformational year for Castor

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months and year ended December 31, 2021. Highlights of the Fourth...

Braemar sees strong trading in second half of the year

Braemar Shipping Services, a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, issued an update...

Cargotec: Record quarter for services

Cargotec Corporation published audited 2021 financial statements: October–December 2021 in brief: Record quarter for services • Orders received increased by 9 percent and totalled EUR 1,051...

Dorian LPG: Lower rates and decrease in Q3 earnings

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended December...

Euronav’s net loss deepens

Euronav deepened its quarterly net loss as the spread of the highly contagious Omicron variant of the coronavirus dragged on the recovery of the...

Seanergy Maritime Announces Receipt of Nasdaq Notice

Seanergy announced that it has received written notification from Nasdaq dated January 26, 2022, indicating that because the closing bid price of the Company’s...

Saipem Weighs Capital Increase After Profit Warning

Saipem SpA is evaluating a capital increase after issuing a profit warning and saying it will talk to its creditors, people familiar with the...

CPLP posts 448 pct net income increase in 4Q2021

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the fourth quarter ended December 31, 2021. Highlights Three-month periods ended...

Safe Bulkers Announces Offering of Unsecured Bonds on Athens Stock Exchange

Safe Bulkers announced that its wholly owned subsidiary, Safe Bulkers Participations Plc, plans to launch a public offer in Greece of up to €100...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

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...

Costamare orders 16 containerships in China; posts USD 75 mln net income in Q1

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

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...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

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...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...