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Finance & Economy

Golar LNG Limited announces proposed offering of $500 million of convertible senior notes due 2030

Golar LNG Limited announced that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes...

Cheniere board approves Corpus Christi LNG expansion project

Cheniere Energy (LNG.N), opens new tab said on Tuesday it approved the final investment decision for the expansion of the Corpus Christi liquefied natural...

Performance Shipping announces acceptance of a signed commitment letter from Alpha Bank A.E. to refinance existing facilities

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that it has accepted a commitment letter whereby it intends...

Flex LNG to delist from Oslo Bors in mid-September

Euronext Oslo Børs has decided to delist the shares of Flex LNG from Euronext Oslo Børs. Pursuant to Rule Book II section 2.10.2 (2), Euronext...

GOGL – Golden Ocean and CMB TECH signed loan facilities of $2 billion to refinance outstanding debt in Golden Ocean

Golden Ocean and CMB.TECH announced the signing of a $2,000 million facilities agreement with a bank syndicate comprising a term loan facility of up...

EuroHoldings announces agreement between its majority shareholders and Marla Investments for 51.04% of the Company’s outstanding common shares

EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that certain shareholders, all associated with the Pittas family, have...

London P&I Club reports another strong financial year as sustained positive performance brings greater levels of stability

The London P&I Club announced its financial results for 2024/25, reporting an operating surplus of US$21.3m, while also strengthening its free reserves to US$171.2m....

Euroseas reports strong first quarter 2025 results; Declares $0.65 dividend

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

Globus Maritime Limited reports financial results for the quarter ended March 31, 2025

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2025. Revenue $8.6 million...

TEN posts strong Q1 results; EBITDA at $103 million

TEN reported results (unaudited) for the quarter ended March 31, 2025. Q1 2025 SUMMARY RESULTS TEN generated revenues of $197.1 million and operating income of $60.6...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...