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Finance & Economy

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...

CMA CGM reports ‘solid’ 2024 Financial Results

CMA CGM reported 2024 Financial Results. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:  “Our...

Toro Corp. announces proposed spin-off of its Handysize tanker business

Toro Corp. an international energy transportation services company, announces that its Board of Directors, has decided, on the recommendation of a special committee of...

KfW IPEX-Bank financing Carisbrooke Shipping’s diesel-electric general cargo vessel pair

Germany’s KfW IPEX-Bank has announced its support for Carisbrooke Shipping’s fleet modernisation programme with a financing of around €26 million, backed by Dutch export...

Pittas: US measures on Chinese ships could fundamentally change trade

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

Golar LNG Limited Preliminary fourth quarter and financial year 2024 results

Golar LNG Limited Preliminary fourth quarter and financial year 2024 results Maintained her market leading operational track record and exceeded her contracted 2024 production volume...

CMB.TECH: Strong Results Despite Slow Markets

CMB.TECH NV reported its non-audited financial results today for the fourth quarter ended 31 December 2024. HIGHLIGHTS Profit of USD 93.1 million in Q4 2024 bringing...

MPC Capital reports preliminary financials FY 2024 at the upper end of the guidance range and gives outlook for further profitable growth in FY...

The investment and asset manager MPC Capital AG reports its preliminary unaudited results for the financial year 2024. With a refined strategic focus on...

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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.    

Danske Bank profit rises more than expected on high activity, low losses

Danske Bank on Thursday reported a ​third-quarter net profit above estimates, citing solid ‌customer activity and strong credit quality, and narrowed its full-year profit...

Boluda Shipping signs agreement to acquire Samskip and jointly build Europe’s leading short-sea network

Boluda Shipping and Samskip have signed an agreement under which Boluda Shipping will acquire Samskip. The acquisition will pave the way for Europe’s most...

HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

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...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

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%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...