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Finance & Economy

TOP Ships announces approval of listing on the Nasdaq capital market for spin-off of Rubico

TOP Ships, an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that the application of Rubico, to list its common shares...

Caravel Group increases stake in Pacific Basin

The Caravel Group confirms that in recent weeks, we have made a series of on-market purchases of shares in Pacific Basin Shipping Limited, and...

Piraeus Bank co-finances Union Maritime’s first wind-assisted LR2

Piraeus, a Greek bank, is financing Union Maritime’s first LR2 tanker to harness wind energy. Union Maritime recently took delivery of “Brands Hatch“, the...

Golar LNG Limited announces proposed offering of $500 million of convertible senior notes due 2030

Golar LNG Limited announced that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes...

Cheniere board approves Corpus Christi LNG expansion project

Cheniere Energy (LNG.N), opens new tab said on Tuesday it approved the final investment decision for the expansion of the Corpus Christi liquefied natural...

Performance Shipping announces acceptance of a signed commitment letter from Alpha Bank A.E. to refinance existing facilities

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that it has accepted a commitment letter whereby it intends...

Flex LNG to delist from Oslo Bors in mid-September

Euronext Oslo Børs has decided to delist the shares of Flex LNG from Euronext Oslo Børs. Pursuant to Rule Book II section 2.10.2 (2), Euronext...

GOGL – Golden Ocean and CMB TECH signed loan facilities of $2 billion to refinance outstanding debt in Golden Ocean

Golden Ocean and CMB.TECH announced the signing of a $2,000 million facilities agreement with a bank syndicate comprising a term loan facility of up...

EuroHoldings announces agreement between its majority shareholders and Marla Investments for 51.04% of the Company’s outstanding common shares

EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that certain shareholders, all associated with the Pittas family, have...

London P&I Club reports another strong financial year as sustained positive performance brings greater levels of stability

The London P&I Club announced its financial results for 2024/25, reporting an operating surplus of US$21.3m, while also strengthening its free reserves to US$171.2m....

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DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...