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Finance & Economy

Lauritzen Bulkers buys Canadian breakbulk operator

Lauritzen Bulkers has acquired Alexander & Blake, a Canadian breakbulk and parcel shipping company. This acquisition adds valuable competencies and strong client relations to...

Venture Global shares slump on downbeat annual core profit outlook

Venture Global's, opens new tab shares on Thursday slumped to its lowest level since its debut as the LNG producer forecast its 2025 core...

CMA CGM announces $20 billion investment in America’s maritime transportation, logistics and supply chain capabilities

CMA CGM Group, a global leader in sea, land, air, and logistics solutions, and owner of the U.S. flag carrier American President Lines (APL),...

Seanergy posts record 2024 profitability

Seanergy Maritime Holdings Corp., a leading pure-play Capesize shipping company, announced its financial results for the fourth quarter and twelve months ended December 31,...

Dynagas LNG Partners LP reports results for the three and twelve months ended december 31, 2024

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three and twelve months ended December...

Torm delivers strong year of financial results

TORM plc announced Annual Report 2024, Dividend Distribution and Financial Outlook 2025. "2024 was a strong year for TORM, driven by increased ton-mile demand and...

Oman’s Asyad Shipping raises $332.8 million in Muscat IPO

Oman’s Asyad Shipping on Tuesday said it raised about $332.8 million after pricing its initial public offering at the top end of an indicative...

Stolt-Nielsen announces launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited

Stolt-Nielsen announces launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited. Reference is made to the stock exchange announcement of...

Global Ship Lease reports results for the Fourth Quarter of 2024

Global Ship Lease, an owner of containerships, announced today its unaudited results for the three months and year ended December 31, 2024. Full Year and...

CMB.TECH buys Hemen stake in Golden Ocean

CMB.TECH NV announced that it has entered into a share purchase agreement with Hemen Holding Limited, for the acquisition of 81,363,730 shares in Golden...

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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...