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Finance & Economy

StealthGas Fourth Quarter & Twelve Months 2021 Financial & Operating Results

STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and...

Clarkson swings to profit in 2021

Clarkson PLC announced preliminary results for the 12 months ended 31 December 2021. Summary • Record underlying profit before taxation* of £69.4m (2020: £44.7m), an increase...

Stolt-Nielsen confirms large shareholding in Odfjell

Stolt-Nielsen Limited (Oslo Børs ticker: SNI) has acquired 4,641 class A shares in Odfjell SE. Following the acquisition, Stolt-Nielsen Limited holds 3,285,441 class A shares...

Global Ship Lease Announces Partial Redemption of 8.00% Senior Notes Due 2024

Global Ship Lease announced that it has delivered notice of partial redemption of its 8.00% Senior Notes due 2024 to Wilmington Savings Fund Society,...

Seanergy: New $21.3 million Refinancing Facility

Seanergy reported that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built...

Eagle Bulk: Strong finish to 2021

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk segment, reported financial results for the three months and year ended December 31,...

Grindrod Results Boosted by Port & Terminals Operations

Grindrod achieved a commendable performance in its core businesses for the year ended 31 December 2021 underpinned by record mineral volumes handled at its...

BW Offshore Releases Fourth Quarter and Full-Year Results 2021

During the fourth quarter, BW Offshore continued to progress the Barossa FPSO project according to plan. All key subcontractors were assigned at year-end and...

Seanergy Announces New Refinancing Facility with Japanese Lender

Seanergy reported that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built...

International Seaways cuts losses in Q4

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the fourth...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...