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Finance & Economy

Hapag Lloyd giant in talks to buy Israel’s Zim

The Management Board of Hapag-Lloyd Aktiengesellschaft is in advanced negotiations regarding a potential acquisition of all shares in its Israeli competitor Zim Integrated Shipping...

Capital Clean Energy Carriers proceeds with bond issue up to €250M

On February 13, 2026, Capital Clean Energy Carriers Corp. announced plans to issue seven-year bonds in Greece with a total potential principal of up...

HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

HMM maintains solid profitability in 2025 despite weak market

South Korean shipping giant HMM reported a net profit of KRW 1,879bln in 2025 (about $1.29bln) and an operating profit of KRW 1,461bln. The company’s...

Scorpio Tankers Inc. announces financial results for the fourth quarter of 2025 and an increase to its quarterly dividend

 Scorpio Tankers Inc. reported its results for the three months ended December 31, 2025. The Company also announced that its board of directors has...

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025.

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and...

FLEX LNG: Solid Q4 performance amid spot market challenges

Flex LNG Ltd. announced its unaudited financial results for the three months and year ended December 31, 2025. Highlights: * Vessel operating revenues of $87.5 million...

Harbour Energy: Completion of LLOG acquisition

Harbour Energy announces that it has completed the acquisition of LLOG Exploration Company LLC for $3.2 billion, marking the Company’s strategic entry into the...

SFL announces fourth quarter 2025 results

SFL Corporation announced preliminary financial results for the quarter ended December 31, 2025, and its 88th consecutive quarterly dividend.

Hapag-Lloyd publishes preliminary business figures for 2025

Hapag-Lloyd published preliminary business figures for 2025. Transport volume up 8%, to 13.5 million TEU Average freight rate 8% below prior-year level As expected, earnings trend below prior-year level Gemini synergies increasingly...

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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...