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Finance & Economy

Dorian LPG declares irregular cash dividend of $0.50 per share

Dorian LPG announced that its Board of Directors has declared an irregular cash dividend of $0.50 per share of the Company’s common stock. The total...

Fairfax Financial Holdings Limited: Financial Results for the First Quarter

Fairfax Financial Holdings Limited announces net earnings of $945.7 million ($42.70 net earnings per diluted share) in the first quarter of 2025 compared to...

Clarksons issues tariff profit warning

Clarksons has lowered its annual profit forecast, citing the impact of US tariffs. The London-listed shipbroker published a trading update ahead of its annual general...

Excelerate Energy announces full exercise and closing of option to purchase shares

Excelerate Energy, announced that the underwriters of its previously announced underwritten registered public offering of 6,956,522 shares of Class A common stock have fully...

Scorpio Tankers announces financial results for the first quarter of 2025 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) today reported its results for the three months ended March 31, 2025. The Company...

COSCO’s profits surge ahead of U.S. tariff storm

Cosco Shipping Holdings Co.’s profit jumped, along with improved revenue from its transpacific routes, as customers front-loaded shipments ahead of new fees from the...

PPA reports strong growth in profitability and operations in Q1 2025

Piraeus Port Authority (PPA)’s profits showed significant improvement in the first quarter of 2025, compared to the first quarter of 2024, while the company’s...

EuroHoldings initiates review of strategic alternatives to maximize shareholder value

EuroHoldings an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that, following its spin-off from Euroseas Ltd. on March 18th...

Nakilat net profit rises 3.2% to QR433 mn in Q1

Qatar Gas Transport Company (Nakilat) on Tuesday announced that the company achieved a net profit of QR433 million, marking a 3.2 percent increase from...

Royal Caribbean posts $730m net income in Q1

Royal Caribbean Group reported first quarter Earnings per Share ("EPS") of $2.70 and Adjusted EPS of $2.71. These results were better than the company's guidance due to...

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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%...