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Finance & Economy

Cruise industry contributes €3.1 billion to Greek Economy

· The industry generated a total economic output of €3.1 billion, contributed €1.5 billion to the Greek GDP and supported 33,000 jobs in the...

Robin Energy raised $13.9m at an average share price of $4.31

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announces that it has successfully raised $13.9 million in gross proceeds pursuant...

COSCO SHIPPING Ports announces 2025 annual results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, announced the annual results of the Company and its subsidiaries ended 31 December...

Clarksons acquires leading US commodities business, the Link Group

Clarkson PLC, the world's leading provider of integrated shipping services, acquired the Link Crude Resources, LLC, Link Data Services, LLC and Link Futures, LLC...

Hafnia Limited: Award of share options to primary insiders

The Board of Directors of Hafnia Limited approved the award of 964,609 share options to the Company's senior management under the Company's bonus and...

Capital Tankers’ debut on the Oslo Stock Exchange

Capital Tankers Corp. has officially listed its shares on the Oslo Stock Exchange, marking a significant milestone in the shipping industry. Trading commenced today at...

Yang Ming reveals 2025 financial report

Yang Ming Marine Transport Corporation held its 411th Board Meeting and approved the financial results for 2025. For the year, Yang Ming reported consolidated...

Orient Overseas warns of Middle East risk after earnings sink

Orient Overseas International Ltd. warned that the escalating conflict in the Middle East poses further uncertainty to the industry, after an array of geopolitical...

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...

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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...