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Finance & Economy

Dynagas LNG Partners LP reports results for the three and six months ended June 30, 2025

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three and six months ended June...

Imperial Petroleum reports second quarter and six months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced its unaudited financial and operating results...

C3is reports increased fleet; zero borrowing

C3is Inc., owned by Harry Vafias, has grown its fleet by 230% and it now seeks to capitalize on the stability offered by zero...

DOF Group ASA – Successful placement of USD 150 million senior unsecured bond

DOF Group ASA has successfully priced a 5-year USD 150 million senior unsecured bond. The Bonds will carry a fixed coupon of 8.125% p.a.,...

Hafnia Limited: Hafnia enters into a preliminary agreement to acquire 14.45% of TORM’s shares from Oaktree

Hafnia Limited announces that Oaktree Capital Management, L.P. and its, the controlling shareholder of TORM plc, has accepted, subject to entering into a definitive...

Contships: Successful senior unsecured bond tap issue

Contships Logistics Corp. has successfully completed a USD 75 million tap issue of its outstanding senior unsecured sustainability-linked bond due 11 February 2030 (ISIN:...

Carlyle to acquire Altera Infrastructure Group’s FPSO business

Global investment firm Carlyle announced that it has agreed to acquire a diversified FPSO (Floating Production, Storage and Offloading) business from Altera Infrastructure Group,...

Cosco Shipping profit up in first half

COSCO SHIPPING Holdings reported higher earnings for the first half of 2025, citing stronger container volumes on intra-Asia, Africa/Latin America and mainland China routes,...

Transworld Shipping reveals Q1 FY26 results and acquisitions

Transworld Shipping Lines Limited has reported its unaudited financial results for the quarter ended 30 June 2025 and announced a series of strategic business...

Wallenius Wilhelmsen demonstrates strength in Q2

Wallenius Wilhelmsen maneuvered steadily through the second quarter with an EBITDA of USD 472m. “We see the strong demand, in particular in shipping, continuing...

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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...