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Finance & Economy

Euroseas reports best financial results in recent years

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-...

Seanergy Maritime reports record First Half Results

Seanergy Maritime Holdings announced its financial results for the second quarter and six months ended June 30, 2024. The Company also declared a quarterly...

United Maritime returns to profitability

United Maritime Corporation, announced its financial results for the second quarter and six months ended June 30, 2024. The Company also declared a quarterly...

Global Ship Lease Reports Results for the Second Quarter of 2024

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and six month periods ended June 30, 2024. Second Quarter of...

Danaos Corporation reports Second Quarter and Half Year Results

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

Capital Product Partners announces second quarter 2024 Financial Results

Capital Product Partners L.P., an international owner of ocean-going vessels, today released its financial results for the second quarter ended June 30, 2024. Highlights  Three-month periods ended June...

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...

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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...

Stena signs agreement to acquire Color Line

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color...

TEN announces common shares dividend and share repurchase authorization

TEN, Ltd., following the conclusion of the Company’s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual...

UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

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...