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Finance & Economy

Stolt-Nielsen Limited: Fixed income investor meetings

Stolt-Nielsen Limited has mandated Danske Bank, DNB Carnegie, Fearnley Securities and Nordea to arrange a series of fixed income investor meetings commencing today, October...

DP World & PayPal to collaborate on cross-border digital trade payments

DP World has signed a Memorandum of Understanding (MOU) with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to...

Stolt-Nielsen Limited reports unaudited results for the third quarter and first nine months of 2025

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2025. The Company reported a third-quarter net profit...

Toro Corp. reports net income of $1.4 million for the three months ended June 30, 2025 and $3.0 million for the six months ended...

Toro Corp. a global energy transportation provider, announced its results for the three months and the six months ended June 30, 2025. Highlights of the...

Diana Shipping announces signing and drawdown of a US$55.0 million term loan facility with National Bank of Greece S.A.

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboatcharter-in of dry bulk vessels, today announced the successful signing of aUS$55.0...

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...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...