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Finance & Economy

DP World reports record $24.4 bn revenue and $6.4bn ebitda for 2025

DP World announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up 18% to $6.4 billion (margin...

Navigator Gas announces preliminary fourth quarter 2025 results (Unaudited)

Navigator Gas has released its preliminary financial results for the fourth quarter of 2025. Fourth Quarter Financial Highlights On March 11, 2026, pursuant to the Company's...

Imperial Petroleum Inc. declares dividend on series a preferred shares

Imperial Petroleum Inc., a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced a dividend of $0.546875 per share on...

Imperial Petroleum announces $10 million share repurchase program

Imperial Petroleum Inc. announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase,...

Pangaea Logistics Solutions Ltd. reports financial results for the fourth quarter ended December 31, 2025

Pangaea Logistics Solutions Ltd., a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended December 31, 2025. FOURTH...

Lauritzen Bulkers reports good performance in a challenging year

Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened geopolitical uncertainty. In this...

Capital Clean Energy Carriers Announces Changes to Board of Directors

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, announces that Martin Houston has been appointed Chairman of the company with Keith...

ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2025

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced its consolidated results for the three and twelve months ended December 31,...

Pelagic Credit Plc: Private placement successfully placed and listing on Euronext Growth Oslo

Pelagic Credit Plc. refers to the stock exchange announcement on 27 February 2026 regarding a contemplated private placement of new shares in the Company...

Hafnia Limited: Exercise of options and sale of shares by primary insiders

On 3 March 2026, certain primary insiders of Hafnia Limited have, in total, exercised 725,019 vested options granted under the Company's ordinary long-term investment...

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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...