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Finance & Economy

Okeanis Eco Tankers reports financial results for the first quarter of 2025

Okeanis Eco Tankers reported its unaudited condensed financial results for the first quarter of 2025. Financial performance of the First Quarter Ended March 31, 2025                ...

Danaos Corporation reports first quarter results for period ended March 31, 2025

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, reported unaudited results for the three-month period ended March...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

Vitol and Grindrod announce the solvent wind-down of Cockett

Vitol and Grindrod, joint shareholders of Cockett, have made the strategic decision to conduct an orderly wind-down of Cockett. This difficult decision was reached...

MPC Capital continues profitable growth path in Q1 2025

Investment and asset manager MPC Capital AG presented its figures for the first quarter of 2025. Revenue increased by almost a quarter. The revenue...

Fincantieri reports best ever order intake

The Board of Directors of Fincantieri, chaired by Biagio Mazzotta, has approved the interim financial information as of March 31, 2025. FINANCIAL RESULTS Significant growth in Revenues at euro 2,376...

Pangaea Logistics Solutions reports financial results for the quarter ended March 31, 2025

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended March 31, 2025. FIRST QUARTER...

ADNOC L&S delivers robust Q1 2025 financial results, fueled by strategic expansion

ADNOC Logistics and Services, a global energy maritime logistics company, announced financial results for the first quarter ending March 31, 2025. ADNOC L&S revenue for...

Danaos increases stake in Star Bulk

Danaos has increased its shareholding in Star Bulk Carriers, the company has revealed. According to a relevant SEC filing, Danaos has acquired approximately 2.03m shares...

Cheniere reports first quarter 2025 results and reconfirms full year 2025 financial guidance

Cheniere Energy announced its financial results for the first quarter 2025. RECENT HIGHLIGHTS During the three months ended March 31, 2025, Cheniere generated revenues of approximately...

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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...