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Finance & Economy

Strategic Shipping acquires additional shares in Pangaea Logistics Solutions

Strategic Shipping, a 10% owner in Pangaea Logistics Solutions Ltd., has reported the purchase of 72,825 common shares across three transactions on May 29,...

EnTrust Global’s Blue Ocean marks record year with SEACOR Marine, Belships ASA, and Rocktree Group deals

Blue Ocean, a maritime finance investment platform managed by EnTrust Global, a leading alternative asset management firm, announced that it deployed over $2.1 billion...

Union Maritime launches financing scheme to boost wind propulsion

Union Maritime is developing a new lease financing program aimed at accelerating the adoption of wind-assisted propulsion systems (WAPS) in the maritime sector. The program,...

Stena AB posts first quarter loss

The Stena AB Group’s interim report for the first quarter of 2025 was published on May 27, 2025.

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...

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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...