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Finance & Economy

IMPERIAL PETROLEUM announces Q3 2024 financial and operating results

IMPERIAL PETROLEUM, a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results...

BW LPG posts USD 120 mln Q3 net profit

BW LPG Limited reported financial results for Q3 2024. Highlights and Subsequent Events - Another good quarter for shipping with TCE income - Shipping Q3 2024...

Globus Maritime reports Q3 2024 Financial Results

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30,...

Hurtigruten announces acquisition by consortium of existing investors contributing more than EUR 360m of new capital into the business

Hurtigruten announced that the Company has been acquired by a consortium of existing investors and has received approximately EUR 110m in new, long-term funding....

TORM announces share capital increase

TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection with delivery of two MR vessels and exercise of...

TEN: Strong performance in 9-month results

TEN reported results (unaudited) for the nine months and third quarter ended September 30, 2024.

Hafnia Limited reports net profit of USD 215.6 million for Q3 2024

Hafnia Limited, a leading product tanker company with a diversified and modern fleet of over 130 vessels, announced results for the three and nine...

United Maritime posts loss in third quarter

United Maritime reports financial results for the third quarter and nine months ended September 30, 2024 and declares cash dividend of $0.075 per share.

Avance Gas Holding reports Q3 financial results

Avance Gas Holding reported unaudited results for the third quarter 2024. HIGHLIGHTS * The average Time Charter Equivalent (TCE) rate on a discharge-to-discharge basis was $38,700/day,...

Frontline reports revenues of $490.3 million for Q3 2024

Frontline reported unaudited results for the three and nine months ended September 30, 2024: Highlights Profit of $60.5 million, or $0.27 per share for the third...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...