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Finance & Economy

Safe Bulkers announces a five million shares of common stock repurchase program

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has authorized a program under which it may from time to...

C3is posts net profit increase in Q3

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the third quarter...

Safe Bulkers posts “good quarter”, sees charter market gradually softening

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and nine month periods ended September...

Fincantieri posts solid 9M results, lifts revenue forecast

The BoD of Fincantieri approved 9M 2024 results. STRONG ORDER INTAKE IN ALL BUSINESSES WITH TOTAL BACKLOG AT EURO 40.1 BILLION AND BACKLOG VISIBILITY UP...

MISC sees Q3 profit drop in complex market

Highlights of the MISC Group’s Financial Performance for the Third Quarter of 2024: Group revenue for the period ended 30 September 2024 was comparable to the...

Belships reports solid results in Q3

Belships ASA reported 3rd quarter 2024 results. HIGHLIGHTS  EBITDA of USD 27.0m including USD 1.5m from Norwegian Bulk Carriers Net result of USD 19.3m Declared dividend of...

Hapag-Lloyd achieves good result in first three quarters of 2024

Hapag-Lloyd concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion). The Group EBIT stood at...

HMM achieves quarterly operating profit of 1 trillion won

HMM has returned to the 1 trillion won quarterly operating profit club after seven quarters, benefiting from increased cargo volume and rising sea freight...

Toro Corp. reports Net Income of $1.0 Million for 3Q2024

Toro, an international energy transportation services company, announced its results for the three months and the nine months ended September 30, 2024. Highlights of the...

DHT reports third-quarter profit growth

DHT Holdings announced third quarter 2024 Results.

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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...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Hormuz vessel crossings extend slide on fresh US-Iran attacks

Vessel crossings via the Strait of Hormuz dropped further at the start of the...

Yemen’s Houthis announce a maritime embargo against Saudi Arabia

Yemen’s Houthi rebels have announced they are imposing a maritime embargo against Saudi Arabia...

Celestyal expands sustainability and social impact initiatives

Cruise operator Celestyal is strengthening its social and environmental footprint by supporting initiatives focused...

Iran’s Guards Say Two Ships Involved In ‘Accident’ After Defying Hormuz Warnings

Iran’s Revolutionary Guards said on Sunday that two ships were involved in an “accident”...

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,...