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Finance & Economy

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.

2020 Bulkers posts third quarter profit

2020 Bulkers announced its unaudited financial and operating results for the three and nine months ended September 30, 2024. Key events during the third quarter...

Golar posts Q3 results; makes “significant positive progress” on FLNG commercial opportunities

Golar LND announced interim results for the period ended September 30, 2024. Highlights and subsequent events Final Investment Decision (“FID”) for MK II 3.5mtpa FLNG for...

Danaos adds $300 million to contracted charter backlog

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, reported unaudited results for the period ended September 30,...

Pangaea Logistics Solutions reports Q3 Financial Results

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced its results for the three months ended September 30, 2024. THIRD QUARTER 2024...

GSL sees quarterly profits edge higher

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and nine months ended September 30, 2024. Third Quarter of 2024...

Castor Maritime enjoys “robust” Q3 cash flows, reduces debt

Castor Maritime, a diversified global shipping company, announced its results for the three months and nine months ended September 30, 2024.

Exmar announces opening of new French entity

The Executive Committee of EXMAR NV reports its third quarter results of 2024.

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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...