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Finance & Economy

A.P. Møller – Mærsk A/S – Initiates second phase of share buy-back program

As announced on 5 February 2025, A.P. Møller - Mærsk A/S has decided to launch a share buy-back program of up to DKK 14.4...

Contships Logistics reports financial results for the second quarter and six months ended June 30, 2025

Contships Logistics announced its unaudited financial and operating results for the three and six months ended June 30, 2025.HighlightsFleet Composition- During the first six...

Seanergy returns to profitability in second quarter

Seanergy Maritime reported second quarter and first half financial results for the periods ended June 30, 2025.

Star Bulk posts slim profit for second consecutive quarter

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2025.

Maersk raises full-year guidance amid volatile external environment

A.P. Moller - Maersk A/S (Maersk) achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching USD 845m. While...

International Seaways reports second quarter 2025 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the second...

Yangzijiang Shipbuilding’s net profit up 37% in H1

Yangzijiang Shipbuilding has reported a 36.7% increase in its net profit attributable to equity holders to $756m (RMB 4.2b) in the first half (H1)...

Genco posts Q2 loss; maintains $0.15 dividend; acquires modern capsize

Genco Shipping & Trading Limited reported its financial results for the three months and six months ended June 30, 2025.

United Maritime sees “sharp recovery” in Q2 daily earnings

United Maritime reported second quarter and first half financial results for the periods ended June 30, 2025.

Global Ship Lease reports results for the second quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2025. Second Quarter of 2025...

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HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

Stena signs agreement to acquire Color Line

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color...

TEN announces common shares dividend and share repurchase authorization

TEN, Ltd., following the conclusion of the Company’s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual...

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...

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...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

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...