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Finance & Economy

Eni: exclusivity agreement signed with GIP for the potential sale of a co-control stake in Eni CCUS Holding

Eni has signed an agreement to enter into a period of exclusivity with Global Infrastructure Partners, a leading global infrastructure investor and a part...

Diana Shipping posts growing profit in Q1; keeps dividend steady

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $3.0 million and...

MISC off to a slow start with 22% drop in Q1 revenue, PAT lower at RM 705 million

Shipping giant, MISC reported a revenue of RM2.8 billion which was RM822.2 million or 22.6% lower than the quarter ended 31 March 2024 of...

GulfNav agrees Brooge Energy acquisition deal

Gulf Navigation Holding PJSC (GulfNav) has entered into an asset sale agreement with Brooge Energy Ltd. for a total consideration of 3.2 billion dirhams...

CMB.TECH NV and Golden Ocean Group Limited announce agreement and plan of merger

CMB.TECH NV and Golden Ocean Group Limited announces that they have signed an agreement and plan of merger for a stock-for-stock merger, as contemplated...

StealthGas in “strong start” to the year

StealthGas, a ship-owning company serving the liquefied petroleum gas sector of the international shipping industry, announced today its unaudited financial and operating results for...

ESL Shipping signs 70 MEUR loan agreement with Svenska Skeppshypotek

ESL Shipping has signed a EUR 70 million loan agreement with Svenska Skeppshypotek. The loan is a part of the financing of ESL Shipping’s...

Performance Shipping reports financial results for the first quarter ended March 31, 2025

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $29.4 million and net income attributable to...

EWIND: Launch of mandatory offer and compulsory acquisition to acquire all outstanding shares in Edda Wind ASA

Reference is made to announcement of 29 April 2025 by Geveran Trading Co Ltd, Wilhelmsen New Energy AS and EPS Ventures Ltd regarding an...

Dynagas buys out preferred shareholders

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three months ended March 31, 2025. Quarter...

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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...