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Finance & Economy

Castor Maritime reports second quarter and half year results for 2025

Castor Maritime, a diversified global shipping and energy company, announced its results for the three months and six months ended June 30, 2025. Highlights of...

Port of Thessaloniki sees higher profit & revenue in H1

ThPA S.A. recorded an increase in revenue and profitability in the first half of 2025. According to the financial data announced by the Port of...

Diana Shipping takes Genco stake to 15 pct

Diana Shipping has increased its stake in Genco Shipping & Trading to approximately 15%, reportedly becoming the company’s largest shareholder. A relevant SEC-filing reads: "During the...

Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Seacon Shipping to acquire 40% stake in CIMC Xinde Leasing and provide guarantee

Seacon Shipping Group Holdings Limited announced that its wholly owned subsidiary has agreed to acquire a 40 percent equity interest in CIMC Xinde Leasing...

KNOT Offshore Partners LP reports strong Q2 2025 results

KNOT Offshore Partners LP reported strong Q2 2025 results. Financial Highlights For the three months ended June 30, 2025 (“Q2 2025”), KNOT Offshore Partners LP...

TORM announces long term incentive program

In accordance with TORM plc’s Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 2021 and the authorization granted at...

Golar LNG announces pricing of $500 million offering of senior notes due 2030

Golar LNG Limited announced the pricing of a private offering of $500 million in aggregate principal amount of unsecured senior notes due 2030. The...

CoolCo, EPS Ventures in advanced discussions for potential acquisition

The Company and EPS Ventures announced they are in advanced discussions regarding a potential transaction under which EPS would acquire all of the outstanding...

Hansson family raises stake in NAT

The Hansson family has raised its stake in Nordic American Tankers (NAT). According to an official announcement: Non-Executive Vice Chairman and Board member of NAT, Alexander...

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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...