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Finance & Economy

Ocean Yield completes successful placement of a senior unsecured bond tap issue due 19 September 2028

Ocean Yield AS completed a tap issue of NOK 300 million of the Company's outstanding senior unsecured bond issue due 19 September 2028 with...

Swedbank and SpareBank 1 establish a Nordic investment bank, SB1 Markets

Swedbank and SpareBank 1 are entering a new partnership to create a leading Nordic investment bank. The new investment bank, SB1 Markets, will broaden...

CMA CGM reports ‘solid’ 2024 Financial Results

CMA CGM reported 2024 Financial Results. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:  “Our...

Toro Corp. announces proposed spin-off of its Handysize tanker business

Toro Corp. an international energy transportation services company, announces that its Board of Directors, has decided, on the recommendation of a special committee of...

KfW IPEX-Bank financing Carisbrooke Shipping’s diesel-electric general cargo vessel pair

Germany’s KfW IPEX-Bank has announced its support for Carisbrooke Shipping’s fleet modernisation programme with a financing of around €26 million, backed by Dutch export...

Pittas: US measures on Chinese ships could fundamentally change trade

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, reported the following results for the three-month...

Golar LNG Limited Preliminary fourth quarter and financial year 2024 results

Golar LNG Limited Preliminary fourth quarter and financial year 2024 results Maintained her market leading operational track record and exceeded her contracted 2024 production volume...

CMB.TECH: Strong Results Despite Slow Markets

CMB.TECH NV reported its non-audited financial results today for the fourth quarter ended 31 December 2024. HIGHLIGHTS Profit of USD 93.1 million in Q4 2024 bringing...

MPC Capital reports preliminary financials FY 2024 at the upper end of the guidance range and gives outlook for further profitable growth in FY...

The investment and asset manager MPC Capital AG reports its preliminary unaudited results for the financial year 2024. With a refined strategic focus on...

Hafnia sees decline in Q4 after strong 2024 start

Hafnia Limited, a leading product tanker company with a diversified and modern fleet of over 120 vessels, today announced results for the three and...

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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...