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Finance & Economy

Teekay Corp: Improved adjusted results in fourth quarter of 2021

Teekay Corporation reported results for the fourth quarter and year ended December 31, 2021. CEO Commentary “Our adjusted results in the fourth quarter of 2021...

Höegh LNG Partners LP: Preliminary Financial Results for the Quarter Ended December 31, 2021

Höegh LNG Partners LP reported its preliminary financial results for the quarter ended December 31, 2021. Highlights 99.9% availability of FSRUs for the fourth quarter...

Seadrill Announces Emergence from Chapter 11

Seadrill announced that it has emerged from Chapter 11 after successfully completing its reorganization pursuant to its Chapter 11 plan of reorganization. The Plan...

Frontline posts modest fourth-quarter profit

Frontline reported unaudited results for the three and twelve months ended December 31, 2021. Highlights • Net income of $19.8 million, or $0.10 per basic...

Navios Partners: Outstanding results for fourth quarter, full year 2021

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

Star Bulk: Record–high profitability in 2021

Star Bulk, a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the fourth...

Atlas posts Q4 net profit of $142.3 mln

Atlas Corp announced its results for the quarter and year ended December 31, 2021. Financial Highlights: Fourth quarter 2021 financial performance compared to fourth quarter 2020: Revenue...

SFL reports strong quarter

SFL Corporation Ltd. announced its preliminary financial results for the quarter ended December 31, 2021. Highlights • 72nd consecutive quarterly dividend declared, $0.20 per share • Operating...

Flex LNG posts record fourth-quarter figures

Flex LNG announced its unaudited financial results for the fourth quarter and year ended December 31, 2021. Highlights: • All time high revenues of $114.6 million...

Golden Ocean sees profits rise to record

Golden Ocean Group Limited, the world’s leading owner of large size dry bulk vessels, announced its unaudited results for the quarter and full year...

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DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...