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Finance & Economy

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...

Okeanis Reports Q3, 9M Unaudited Interim Condensed Results

Okeanis Eco Tankers reported unaudited interim condensed results for the three and nine months ended September 30, 2021. Q3 2021 HIGHLIGHTS • Time charter equivalent (“TCE”,...

Navigator Holdings grows fleet; Q3 profit up

Navigator Holdings Ltd. released Preliminary Third Quarter 2021 Results. Highlights Navigator Holdings reported operating revenue of $102.7 million for the three months ended September 30,...

Frontline: Third Quarter and Nine Months 2021 Results

Frontline reported unaudited results for the three and nine months ended September 30, 2021: Highlights • Net loss of $33.2 million, or $0.17 per basic and...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...