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Finance & Economy

Attica Group: Turnover up 27%

Attica Group announced a significant increase in its turnover, while for the first time the operations of the absorbed ANEK are integrated in the...

Navigator Holdings sees profit rise in Q4

Navigator Gas announced preliminary Fourth Quarter and Financial Year 2024 Results. Fourth Quarter Financial Highlights On March 12, 2025, the Board of Navigator Holdings Ltd. declared...

ZIM posts “outstanding performance” in 2024

ZIM Integrated Shipping Services, a global container liner shipping company, announced its consolidated results for the three and twelve months ended December 31, 2024. Fourth...

Höegh Autoliners ASA – Exercise of option to purchase Höegh Copenhagen

Höegh Autoliners ASA has declared an option to purchase the leased vessel Höegh Copenhagen (IMO 9420057) for a purchase price of USD 36.5 million...

Caravel Group acquire India’s International Maritime Institute

Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), India’s premier maritime...

C3is sees revenue increase in 2024; fleet capacity trebled

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced its unaudited financial and operating results for the fourth quarter and...

Clarksons posts new profit record

Clarkson PLC announced preliminary results for the 12 months ended 31 December 2024. Summary ·       Another record underlying profit before taxation* of £115.3m (2023: £109.2m), an...

A.P. Moller Capital acquires 40% stake in Philippines logistics company

A.P. Moller Capital, through EMIF II Holding III B.V., has entered into a binding agreement to acquire 40% of AC Logistics, currently a wholly-owned...

MOL acquires LBC Tank Terminals

Mitsui O.S.K. Lines announced its decision to acquire 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A., one of...

Euroseas announces approval of Nasdaq Capital Market listing for Euroholdings

Euroseas has requested that the registration statement on Form 20-F of Euroholdings be declared effective by the Securities and Exchange Commission on or around...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...