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Finance & Economy

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...

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...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025,...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...