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Finance & Economy

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...

Globus Maritime sees revenue rise in 1H2025

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

Tsakos welcomes President Trump’s proposal to end quarterly earnings report

President Donald Trump’s proposal to reduce the frequency that US-listed companies report financial information was welcomed by Tsakos Energy Navigation CEO Dr. Nikos Tsakos. The...

Marco Polo Marine up 6.7% on S$100 million order book wins, ranks among top-traded SGX stocks

Marco Polo Marine shares surged on Thursday morning after the integrated marine logistics company announced that it clinched S$100 million in order book wins. It...

Top Ships enters into four sale and leaseback financing agreements with a major Chinese financier

Top Ships Inc. will look for acquisitions. The company entered into four sale and leaseback financing agreements with a major Chinese financialier for the...

TEN reports profits for the second quarter and first half of 2025

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2025. FIRST HALF 2025 SUMMARY RESULTSTEN’s fleet generated $390.4 million...

International Seaways announces successful placement of 5-Year senior unsecured bonds

International Seaways, announced that it has successfully placed $250 million of new senior unsecured bonds in the Nordic bond market. The new bonds are...

New Fortress Energy announces second quarter 2025 results

New Fortress Energy Inc. reported its financial results for the second quarter of 2025, revealing significant financial challenges and strategic initiatives aimed at improving...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...