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Finance & Economy

GoodBulk Sees Strong 2022 Dry Bulk Market

GoodBulk Ltd., a leading owner and operator of dry bulk vessels, announced its financial results for the fourth quarter of 2021. 4th Quarter Highlights •Generated...

Dorian LPG in sale and leaseback deal for VLGC pair

Dorian LPG announced that on March 18, 2022, it completed two $70 million sale and bareboat charter arrangements with the same counterparty for its...

ONE presents growth strategy through $20 bln investment plan

Ocean Network Express (ONE) has designed a $20bn investment plan over the next 10 years to help meet decarbonisation targets. Specifically, the $20bn investment...

Hoegh Autoliners fined $5.4m in Brazil after antitrust investigation

The Administrative Council for Economic Defence (CADE) in Brazil issued a fine of approximately BRL 26 million (USD 5.4 million) to Höegh Autoliners for...

OceanPal pays dividend four months after listing

OceanPal, a global shipping company specializing in the ownership of vessels, reported net income of $134 thousand and net income attributed to common stockholders...

Imperial Petroleum Announces Pricing of Upsized $60 Million Underwritten Public Offering

Imperial Petroleum announced the pricing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consists...

Pyxis Tankers Announces Financial Results for the 3 Months & Year Ended December 31, 2021

Pyxis Tankers Inc., a growth-oriented pure play product tanker company, announced unaudited results for the three months and year ended December 31, 2021. Summary For...

Top Ships reports highest profit since 2008

TOP Ships, an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced its unaudited financial results for the year ended December...

Hoegh Autoliners applies to move to Oslo Stock Exchange

Reference is made to the announcement on 14 March 2022, whereby Oslo Børs announced that it had received an application from Höegh Autoliners ASA...

Avance Gas: Resignation of CEO & changes to Board composition

Avance Gas announced that Kristian Sørensen has elected to resign his position as CEO to pursue opportunities outside of the Company. The Chairman of...

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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...