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Finance & Economy

Eagle Bulk Announces Dividend Policy, Share Repurchase Program & Refinancing

Eagle Bulk announced that the Company has instituted a dividend policy and a USD 50 million share repurchase program in conjunction with the closing...

Safe Bulkers Enters into First Sustainability-linked Credit Facility

Safe Bulkers announced that the Company has entered into a new credit facility of $60.0 million with a five-year tenor secured with five vessels,...

Höegh LNG Partners announces deferral of maturity date of its PGN FSRU Lampung debt facility

Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced that it has entered into an agreement with its lenders to defer the maturity date...

Global supply disruptions could still get worse, central bankers warn

Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike in prices is still likely...

Globus Maritime: Revenues shoot up in first half

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter and six-month period ended June...

K Line signs climate transition linked loan

K Line has signed a transition-linked loan (TLL) with syndicated lenders, arranged by Mizuho Bank Ltd. (MHBK). The loan reportedly has a term of 5...

Carnival loses $2.8 billion but sees solid 2022 bookings

Carnival Corp. lost $2.8 billion in the third quarter, but shares rose Friday after the cruise line operator said bookings for the second half...

SBM Offshore completes US$635 million bridge loan for FPSO Almirante Tamandaré

SBM Offshore announced that it has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré. The facility...

Grindrod Shipping Announces Pricing of Secondary Offering of Ordinary Shares

Grindrod Shipping, a global provider of maritime transportation services predominately in the drybulk sector, announced the pricing of the previously announced underwritten public secondary...

Maersk Heading to Biggest Profit in Danish History

A.P. Moller-Maersk A/S is now heading for a full-year profit that will match its combined results from the past nine years and make business...

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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...