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Finance & Economy

Altera Infrastructure announces divestment of Altera Shuttle Tankers L.L.C.

Altera Infrastructure Holdings L.L.C., a wholly owned subsidiary of Altera Infrastructure L.P., has entered into an agreement to sell all its membership interests in...

Odfjell SE 3Q24 results: Odfjell delivered another solid financial result

Odfjell SE today reported its results for the third quarter of 2024. Highlights: Odfjell’s strong performance on safety continues with high operational efficiency and no significant...

Seanergy reports record 9M profit, declares biggest-ever dividend

Seanergy Maritime Holdings announced its financial results for the third quarter and nine months ended September 30, 2024. The Company also declared a quarterly...

Navios Partners sees Q3 revenue increase on strong bulker market

Navios Maritime Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the third quarter and nine...

Borr Drilling announces voluntary delisting from Oslo Stock Exchange

Borr Drilling announced that Euronext Oslo Stock Exchange has approved the Company's application for delisting, following an affirmative shareholder vote at the Company's Special...

Costamare posts strong Q3 results, continues fleet investment

Costamare reported unaudited financial results for the third quarter and nine-months ended September 30, 2024. I. PROFITABILITY AND LIQUIDITY Q3 2024 Net Income available to common...

Cosco Shipping Holdings sees quarterly profits soar

COSCO SHIPPING Holdings announced the third quarter results for 2024.  In the first three quarters of 2024, the volume of cargo in major markets grew...

Teekay Corporation reports third quarter 2024 results

Teekay Corporation reported results for the three months ended September 30, 2024. These results include the Company’s publicly-listed consolidated subsidiary, Teekay Tankers and all...

Piraeus Port posts record revenue and profits in Q3

PPA announces financial results for the third quarter of 2024, focusing on the financial performance and strategic developments which configures its growth. The Company continues...

ONE announces financial results for FY2024 2nd quarter

Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter. The revenue for FY2024 2nd quarter was US$5,864million, up 65% from the...

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Wilh. Wilhelmsen Holding ASA: Initiating offer to buy back own shares

With reference to the authorization given by the Annual General Meeting of Wilh.Wilhelmsen Holding ASA on 30 April 2026 for the Board of Directors...

Dynagas LNG Partners LP declares $0.05 dividend

Dynagas LNG Partners LP has approved a new quarterly cash distribution of $0.050 per common unit for the quarter ended March 31, 2026. The distribution...

HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

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...