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Finance & Economy

Capital Product Partners announces approval of corporate conversion and name change as it continues its strategic pivot to the LNG and Energy Transition Business

Capital Product Partners L.P., an international owner of ocean-going vessels, announced the approval by a majority of our unitholders, the conflicts committee of our...

Teekay Tankers reports second quarter 2024 results

Teekay Tankers reported the Company’s results for the quarter ended June 30, 2024 Second Quarter of 2024 Compared to First Quarter of 2024 GAAP net income...

Dorian LPG announces first quarter fiscal year 2025 financial results

Dorian LPG, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended June 30,...

Star Bulk announces conversion of all Eagle Bulk Convertible Notes

Star Bulk Carriers announced that all the 5% Convertible Senior Notes, issued in July 2019 by our wholly-owned subsidiary, Eagle Bulk Shipping maturing on...

Safe Bulkers: Higher revenue and profits with new green investments

The president of the US-listed shipping company Safe Bulkers, Loukas Barbaris, focuses on the company’s strong liquidity, commenting on the company’s financial results for...

Costamare posts strong quarterly results

Costamare reported unaudited financial results for the second quarter (“Q2 2024”) and six-months ended June 30, 2024. I. PROFITABILITY AND LIQUIDITY Q2 2024 Net Income available...

Diana Shipping announces Q2 2024 financials & dividend

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported a net loss of $2.8...

Scorpio Tankers announces financial results for the second quarter of 2024

Scorpio Tankers reported its results for the three and six months ended June 30, 2024. The Company also announced that its board of directors...

Royal Caribbean lifts profit forecast, reinstates dividend as cruise demand thrives

Royal Caribbean Group opens new tab raised its annual profit forecast on Thursday and said it would reinstate its dividend, with the company coming...

Vale on track to hit top end of iron ore guidance, after profits surge

Brazilian miner Vale is confident it will manage to meet the top end of its guidance for iron ore production in 2024, which stands...

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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...