Wednesday, August 12, 2026
HomeNewsFinance & Economy

Finance & Economy

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Finance & Economy

Odfjell returns to the black in fourth quarter

Odfjell has reported its first profitable quarter for 2021 in a “challenging and unpredictable” year. Highlights for 4Q21: Timecharter earnings in Odfjell Tankers of USD 136...

Abu Dhabi Ports Stock Surges After $1.1 Billion Share Sale

Abu Dhabi Ports rose as much as 17% on its trading debut after a 4 billion dirham ($1.1 billion) share sale, underscoring the strong...

DP World reports strong volume growth of 9.4% in 2021

DP World Limited handled 77.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in full year 2021, with gross container...

Wallenius Wilhelmsen Posts Strong Q4 Results

Wallenius Wilhelmsen reported Q4 EBITDA of $306 million, increasing 37% quarter-over-quarter, despite supply chain disruptions such as semiconductor chip shortages and labor issues related...

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...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

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...