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Finance & Economy

Seanergy Maritime reports financial results for the quarter ended March 31, 2025 and declares cash dividend of $0.05 per share

Seanergy Maritime, a leading pure-play Capesize shipping company, reported its financial results for the first quarter of 2025 and announced a quarterly cash dividend...

Frontline reports profit of $33.3 million in first quarter of 2025

Frontline reported unaudited results for the three months ended March 31, 2025: Highlights  Profit of $33.3 million, or $0.15 per share for the first quarter of...

United Maritime posts USD 7.8 million net revenue in Q1

United Maritime Corporation announced its financial results for the first quarter ended March 31, 2025. The Company also declared a quarterly dividend of $0.01...

Dorian LPG achieves “good results” in volatile environment

Dorian LPG, a leading owner and operator of modern very large gas carriers reported its financial results for the three months and fiscal year...

Flex LNG delivers solid Q1 results

Flex LNG announced its unaudited financial results for the three months ended March 31, 2025. Highlights: Vessel operating revenues of $88.4 million for the first quarter 2025,...

Pyxis Tankers announces financial results for the three months ended march 31, 2025

Pyxis Tankers, an international shipping company, announced unaudited results for the three months ended March 31, 2025. For the three months ended March 31, 2025,...

Golden Ocean reports first-quarter loss

Golden Ocean Group Limited, the world's largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March...

Safe Bulkers maintains strong balance sheet in Q1; takes delivery of 12th newbuild

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three-month periods ended March 31, 2025.

ZIM reports financial results for the first quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three months ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter...

Global Ship Lease reports results for the first quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three months ended March 31, 2025. First Quarter of 2025 Highlights and...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...