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Finance & Economy

Miros takes full ownership of Miros Mocean JV

Miros AS announced a significant milestone in its strategic growth by acquiring full ownership of Miros Mocean AS. The acquisition enhances Miros’ ability to provide...

Cargotec: Seventh quarter in a row with good and stable results

Cargotec's interim report January–September 2024: Seventh quarter in a row with good and stable results Orders received increased in Hiab and MacGregor Strong profitability and cash...

Diana signs US$80.2 mln A&R loan facility agreement with Danish Ship Finance

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced the successful signing of a US$80.2...

Nakilat reports QAR 1.28bln net profit for the third quarter of 2024, an increase of 7.2%

Qatar Gas Transport Company Q.P.S.C., a global leader in the shipping and maritime sector, announces its financial results for the third quarter of 2024...

Ocean Wilsons to sell its majority stake in Wilson Sons in $765 deal

Ocean Wilsons announced that its wholly-owned subsidiary, OW Overseas has agreed to sell its 56.47% interest in Wilson Sons S.A. to SAS Shipping Agencies...

DNB Bank ASA acquires Carnegie

DNB Bank ASA has entered into an agreement to acquire all the shares of Carnegie Holding AB, from Altor and the minority shareholders for...

Bahri signs Murabaha Financing Agreement with Alinma Bank

Bahri, the National Shipping Company of Saudi Arabia and a global leader in maritime transportation and logistics, signed a landmark Murabaha Financing Agreement with...

Seanergy Maritime issues investor presentation highlighting value creation strategy

Seanergy Maritime Holdings announced that it has published an investor presentation in connection with the Company’s 2024 Annual Meeting of Shareholders, scheduled to be...

Hanwha Group announces final offer for Dyna-Mac

Hanwha Ocean SG Holdings announced its revised final offer for all the issued ordinary shares in the capital of Dyna-Mac Holdings. The Offer price...

Yangzijiang Shipbuilding shares fall on arbitration proceedings news

Yangzijiang Shipbuilding Holdings' shares dropped Monday morning following news of arbitration proceedings against three of the company's subsidiaries for alleged breach of contract. Shares of...

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Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

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”)...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

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,...