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Finance & Economy

DHT Holdings Reports Q3 Loss

DHT Holdings announced its results for the quarter ended September 30, 2021:

GoodBulk Posts $32 Million Q3 Net Profit

GoodBulk Ltd., a leading owner and operator of dry bulk vessels, announced its financial results for the third quarter 2021. 3rd Quarter Highlights • Generated $32.0...

Seanergy Reports Record 9M Results

Seanergy Maritime Holdings Corp., announced its financial results for the third quarter ended September 30, 2021. For the quarter ended September 30, 2021, the Company...

Gram Car Carriers set to raise $110m from Olso IPO

Gram Car Carriers has issued a $110m equity private placement in connection with its listing on Euronext Growth. The private placement will consist of a...

MOL concludes Transition linked loan to finance “Gas Vitality”

Mitsui O.S.K. Lines, Ltd. announced the conclusion of a Transition linked loan, relying on a transition finance framework and the Sustainability-Linked Loan Principles, to...

Royal Caribbean expects profitable 2022

Royal Caribbean Group reported financial results for the third quarter of 2021 and provided business updates. The Company has worked aggressively to restart its...

Hapag-Lloyd Raises Earnings Outlook

Due to unabated global demand for container transports and the continuing disruptions in global supply-chains causing a shortage of available transport capacity, Hapag-Lloyd posted...

Seanergy Announces New Sustainability-Linked Loan Facility; Signs Call to Action for Shipping Decarbonization

Seanergy announced that it has received a commitment letter from a leading European bank for a sustainability-linked loan facility to finance part of the...

Seadrill Announces Confirmation of Plan of Reorganization

Seadrill announced that its Plan of Reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Earlier this month,...

DP World Reports Strong Volume Growth in 9M2021

DP World Limited handled 58.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2021, with gross container volumes increasing...

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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...