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Finance & Economy

EuroDry Announces Redemption of Outstanding Series B Preferred Shares

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it provided a notice of redemption...

Scorpio Tankers Announces Update on Financing Activities

Scorpio Tankers announced that it has signed a transaction with Ocean Yield ASA involving the sale and leaseback of two LR2 product tankers, STI...

Castor Announces Vessel Acquisition & Business Developments

Castor Maritime, a diversified global shipping company, announced that it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2006 Korean-built...

Scorpio Tankers Announces Purchase of Call Options By Company President

Scorpio Tankers announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 300,000 common shares (or 3,000...

Alpha Bank successfully floats bond issue

ATHEX-listed Alpha Bank drained 300 million euros from the markets on Tuesday with the issuance of a two-year senior preferred bond, with a callable...

Seanergy: $16.6 Mln Buyback of Convertible Notes, Warrants & Common Shares; Open-Market Stock Purchases by CEO

Seanergy announced an aggregate of $16.6 million in buyback and elimination of: (i) two outstanding convertible notes with 5.5% coupon and a conversion price of...

Höegh LNG Partners LP Receives Buyout Offer from Höegh LNG Holdings Ltd.

Höegh LNG Partners LP announced that the Board of Directors of the Partnership received an unsolicited non-binding proposal, dated December 3, 2021, from Höegh...

StealthGas Announces Completion of Spin-Off of Imperial Petroleum

StealthGas, a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced that it has completed the spin-off of...

Seanergy Announces Delivery & Immediate Period Employment of M/V Dukeship

Seanergy Maritime Holdings Corp. announced the delivery of a previously-announced Capesize vessel acquisition, M/V Dukeship, and the simultaneous commencement of its time charter employment....

Diana Shipping Announces Completion of OceanPal Spin-Off

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has completed the spin-off of its wholly-owned...

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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...