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Finance & Economy

Yangzijiang Shipbuilding’s net profit up 37% in H1

Yangzijiang Shipbuilding has reported a 36.7% increase in its net profit attributable to equity holders to $756m (RMB 4.2b) in the first half (H1)...

Genco posts Q2 loss; maintains $0.15 dividend; acquires modern capsize

Genco Shipping & Trading Limited reported its financial results for the three months and six months ended June 30, 2025.

United Maritime sees “sharp recovery” in Q2 daily earnings

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

Global Ship Lease reports results for the second quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2025. Second Quarter of 2025...

Clarksons delivers “good performance” in 1H2025

Clarkson PLC announced unaudited Interim results for the six months ended 30 June 2025. Summary ·      Underlying profit before taxation* of £39.4m (2024: £51.5m) ·      Underlying basic earnings per...

Bahri posts robust 1H financial results

The National Shipping Company of Saudi Arabia (Bahri or the Company, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, today...

Tidewater Q2 results exceed expectations

Tidewater reported results for the six months ended June 30, 2025. Second Quarter 2025 Highlights Revenue of $341.4 million, a 0.6% improvement compared to the second...

Danaos posts highly profitable 2nd quarter

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, reported unaudited results for the period ended June 30, 2025. For...

Dorian LPG declares irregular cash dividend of $0.60 per share and announces first quarter fiscal year 2026 financial results

Dorian LPG, a leading owner and operator of modern very large gas carriers, announced that its Board of Directors has declared an irregular cash...

Fincantieri Reports All-Time Record Backlog

Fincantieri has reported an all-time high total backlog of €57.7 billion in its recently approved first half 2025 results.

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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...