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Finance & Economy

Excelerate Energy reports strong second quarter 2025 results and raises full-year guidance

Excelerate Energy, reported its financial results for the second quarter ended June 30, 2025. RECENT HIGHLIGHTS Reported Net Income of $20.8 million for the second quarter Reported...

OceanPal reports financial results for the six months ended June 30, 2025

OceanPal reported Financial Results for the six months ended June 30, 2025.

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

Pyxis Tankers Inc., an international shipping company, announced unaudited results for the three and six month periods ended June 30, 2025. For the three months...

Costamare Bulkers Holdings Posts H1 2025 Net Loss of $26.5 million

Costamare Bulkers Holdings Limited reported unaudited financial results for the six-month period ended June 30, 2025. Costamare Bulkers had no operating activity during the first...

A.P. Møller – Mærsk A/S – Initiates second phase of share buy-back program

As announced on 5 February 2025, A.P. Møller - Mærsk A/S has decided to launch a share buy-back program of up to DKK 14.4...

Contships Logistics reports financial results for the second quarter and six months ended June 30, 2025

Contships Logistics announced its unaudited financial and operating results for the three and six months ended June 30, 2025.HighlightsFleet Composition- During the first six...

Seanergy returns to profitability in second quarter

Seanergy Maritime reported second quarter and first half financial results for the periods ended June 30, 2025.

Star Bulk posts slim profit for second consecutive quarter

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2025.

Maersk raises full-year guidance amid volatile external environment

A.P. Moller - Maersk A/S (Maersk) achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching USD 845m. While...

International Seaways reports second quarter 2025 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the second...

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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...