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Finance & Economy

Scorpio Tankers reports better than expected Q2 results

Scorpio Tankers Inc. reported its results for the six months ended June 30, 2025. The Company also announced that its board of directors has...

CMA CGM Group: Stable results in an uncertain economic environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met today under the chairmanship...

Royal Caribbean increases annual profit forecast

Royal Caribbean Group reported second quarter Earnings per Share of $4.41 and Adjusted EPS of $4.38. These results were better than the company's guidance due to strong...

Samudera Shipping Line reports strong 1H2025 net profit

Asian container shipping line Samudera Shipping Line reported a two-fold increase in net profit to USD41.8 million, from USD20.9 million in 1H2024. This came...

Safe Bulkers posts Q2 profit; declares $0.05 dividend

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and six-month periods ended June 30,...

Venture Global announces final investment decision and financial close for phase 1 of CP2 LNG

Venture Global announced a final investment decision (FID) and successful closing of the $15.1 billion project financing for the first phase of the company’s...

GOGL – Update on merger with CMB.TECH and change of VPS Registrar

Reference is made to the stock exchange announcement made by Golden Ocean Group and CMB.TECH NV on 28 May 2025, where a merger between...

Kpler’s acquisition of Spire Global’s maritime unit cleared by UK regulator

The UK’s Competition and Markets Authority has determined that Kpler’s acquisition of Spire Global’s maritime data business does not qualify for investigation. The decision was...

Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters

Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&PE), begins...

OceanPal announces pricing of upsized US$18.0 million public offering

OceanPal, a global shipping company specializing in the ownership of vessels, announced the pricing of its upsized public offering of 10,975,600 units at a...

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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...