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Finance & Economy

FRO – Third quarter and nine months 2025 results

Frontline reported unaudited results for the three and nine months ended September 30, 2025: Highlights Profit of $40.3 million, or $0.18 per share for the third...

Diana Shipping announces proposal to acquire remaining shares of Genco Shipping & Trading Limited

Diana Shipping announced that it has submitted a letter to the Board of Directors of Genco Shipping & Trading Limited setting forth a proposal...

Dynagas reports strong financial results for the third quarter of 2025

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three and nine months ended September...

Pyxis Tankers announces financial results for the three months ended September 30, 2025

Pyxis Tankers, an international diversified shipping company, announced unaudited results for the three and nine month periods ended September 30, 2025. For the three months...

ZIM reports financial results for the third quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three and nine months ended September 30, 2025. Third Quarter 2025 Highlights Net income for the...

C3is reports third quarter and nine months 2025 financial and operating results

C3is, a ship-owning company providing drybulk and tanker seaborne transportation services, announced its unaudited financial and operating results for the third quarter and nine...

Diana reports higher third quarter profit

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $7.2 million...

Tsakos Energy Navigation increases dividend amid rising profit

TEN reported results (unaudited) for the nine months and third quarter ended September 30, 2025. NINE MONTHS 2025 SUMMARY RESULTS TEN’s fleet generated $577 million in...

OceanPal announces SovereignAI’s total treasury holdings exceed $133 million of NEAR;Ticker symbol change to SVRN

OceanPal Inc. announced that its wholly owned subsidiary SovereignAI Services LLC, which is focused on commercializing the NEAR Protocol, disclosed its initial treasury update...

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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...