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Finance & Economy

Genco Shipping & Trading Limited Board of Directors unanimously rejects Diana Shipping’s Revised, unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that its Board of Directors...

Motor Oil: Net profits surge 293% in Q1 – Turnover up 25%

Motor Oil Group announced strong financial results in the first quarter of the year. Specifically, group revenues increased by 25% to 3.36 billion euros, EBITDA...

Seanergy Maritime reports first quarter 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the first quarter of 2026, and announced a...

Genco Shipping & Trading Board of Directors to review revised, unsolicited tender offer from Diana Shipping

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping Inc. increases all-cash offer to acquire Genco Shipping & Trading to $24.80 per share

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Heidmar Maritime Holdings Corp. reports results for the quarter ended March 31, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenues of $18.4 million, up from $5.8...

Safe Bulkers, Inc. dual listing on the main market of Euronext Athens Stock Exchange

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that, following yesterday’s session of its Listings and Market Operations Committee, Euronext...

Performance Shipping Inc. reports financial results for the first quarter ended March 31, 2026

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $10.2 million for the first quarter...

Capital Tankers announces 1Q2026 financial results

Capital Tankers announced its financial results for the first quarter ended March 31, 2026, its first quarterly report since the Company’s admission to trading on...

MISC group financial results for the first quarter of 2026

MISC announced its financial results for the first quarter of 2026. Zahid Osman, MISC President and Group CEO said, "MISC delivered a resilient first quarter...

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Kongsberg Maritime Q2 2026: Record-high backlog and strong newbuild execution

Kongsberg Maritime ASA announced its results for the second quarter of 2026. A record-high order backlog driven by strong newbuild order intake and execution...

Robin Energy announces reverse stock split

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...

Seanergy Maritime announces pricing of €100 million unsecured corporate bond trading on Euronext Athens

Seanergy Maritime Holdings Corp. announced the pricing of the offering of €100 million of unsecured bonds to investors in Greece. The Bonds will be...

Diana Shipping urges Genco Shipping & Trading shareholders to tender their shares by Friday, July 10

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Foreship unveils RoRo ferry concept tailored to Greek ferry market

Foreship, part of the RINA Group, has developed a new roll-on/roll-off (RoRo) ferry design...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...