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Finance & Economy

StealthGas 9M net income at all-time record

StealthGas, a ship-owning company serving the liquefied petroleum gas sector of the international shipping industry, announced its unaudited financial and operating results for the...

Diana sees Q3 profit drop;declares USD 0.01 dividend

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $3.7 million and...

Kenon Holdings selling ZIM shares

Kenon Holdings announced updates with respect to its holding of ordinary shares of ZIM Integrated Shipping Services Ltd. (“ZIM”). In June 2024, Kenon announced...

Results of the reopening of the public takeover bid on CMB.TECH NV launched by CMB NV

CMB.TECH NV announced that the acceptance period of the reopening of the public takeover bid launched by CMB NV on all shares in CMB.TECH...

Pyxis Tankers Q3 net revenues at $13.8 million

Pyxis Tankers, an international shipping company, announced unaudited results for the three and nine-month periods ended September 30, 2024. Summary For the three months ended September...

Dynagas LNG Partners reports strong Q3 Results

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three and nine months ended September...

Ocean Yield reports another stable quarter

Ocean Yield announced results for the third quarter 2024.  HIGHLIGHTS EBITDA for Q3 2024 was USD 55.9 million and Adjusted EBITDA was USD 94.6 million. Net...

Gunvor secures US $2.265 billion sustainability-linked, multi-currency revolving credit facility

Gunvor Group has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility in favour of Gunvor International B.V. and Gunvor SA. The Facility consists...

ZIM posts strong quarter, declares $100m special dividend

ZIM Integrated Shipping Services, a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2024. Third...

Euroseas posts financial results, declares quarterly dividend & announces containerships order

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its 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...