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Finance & Economy

Tankers: Increase in Ton-Mile Demand Boosts Euronav’s Financial Results

Euronav NV reported its final financial results on Friday for the full year to 31 December 2023. The large crude tanker market continued to recover...
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Hafnia Limited – Approved for Additional U.S. listing on the New York Stock Exchange and intended Transfer of Share Register to DTC

Hafnia announced that the NYSE has approved the US Listing of the Company′s common shares on the NYSE. The Company′s common shares are expected...
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Piraeus Port Authority: New Revenue & Profit Highs in 2023

The Piraeus Port Authority S.A. announced its financial results for the fiscal year 2023. Total revenues reached €219.8 million, up by 12.9% or €25.2...
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Hafnia files for listing on New York Stock Exchange

Hafnia Limited announced that it has publicly filed a registration statement on Form 20-F with the U.S. Securities and Exchange Commission, with the intention...
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Carnival rides on record cruise demand to lift annual profit forecast

Carnival Corp opens raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in...
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TEN Beats Revenue Estimates In Q4

Tsakos Energy Navigation reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus...
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Euronav Announces Dividend Proposal And Further Fleet Optimisation And Growth

Euronav NV announces its dividend proposal at the Annual Shareholders’ Meeting and further fleet optimisation with the sale of three VLCCs, the delivery of...
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BW Group Contemplating Block Sale of Shares in Hafnia

BW Group Limited has retained DNB Markets, part of DNB Bank ASA, Fearnley Securities AS, and Pareto Securities AS as Joint Global Coordinators and...
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Euronav to Exit Belgium’s Blue-Chip Index Two Days After Joining

Tanker company Euronav will exit Belgium’s blue-chip Bel-20 index after just two days of trading, as it no longer meets the membership conditions after...
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C3IS INC. Announces Receipt of Nasdaq Delisting Determination; Appeal

C3is Inc., a ship-owning company providing dry bulk and crude oil tanker seaborne transportation services, announced that it has received a staff determination letter,...
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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...

DIS reports “another very profitable quarter”

The Board of Directors of d'Amico International Shipping, a leading international marine transportation company operating in the product tanker market, today examined and approved...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite...

Baltic Index inches up on higher capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

“Shaping the Future of Shipping” summit to be held in Athens

The Ministry of Maritime Affairs and Insular Policy, the International Chamber of Shipping and...

Baltic Index falls to two-week low as capesize segment declines

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Wärtsilä launches carbon capture solution to shipping market after world-first full-scale installation success

Technology group Wärtsilä has announced that its breakthrough carbon capture solution (CCS) is now...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite the fact that it openly expresses its objections to the...

DP World signs agreement to launch $760M port and free trade zone in Dominican Republic

DP World has signed a landmark US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of...

ThPA: The works for the 6th pier will be completed in 3.5 years

The works on the 6th pier at the port of Thessaloniki, which will start by the end of June, are expected to be completed...

Piraeus Port investing in infrastructure upgrade

A working meeting was held between the Minister of Maritime Affairs and Insular Policy Vasilis Kikilias and the management of PPA S.A., in the...

AD Ports Group and Egypt’s Suez Canal Economic Zone sign agreement to develop KEZAD East Port Said Zone

AD Ports Group, a global enabler of trade, transport, logistics, and industry, and the General Authority for Suez Canal Economic Zone (SCZONE), the integrated...

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