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Finance & Economy

Performance Shipping enters new revolving credit facility with Nordea Bank

Performance Shipping announced that it has successfully refinanced its existing loan facility dated July 24, 2019, by entering into an agreement for a Revolving...

Genco Announces Q2 2023 Financial Results

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months and six...

United Maritime narrows loss in second quarter

United Maritime Corporation, announced its financial results for the second quarter and six months ended June 30, 2023. The Company also declared a quarterly...

Eagle Bulk posts second quarter profit

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk vessel segment, reported financial results for the quarter ended June...

Star Bulk Reports Net Profit of $44.3 Million In Q2

Star Bulk Carriers Corp, a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for...

Nakilat sees stable financial performance in 1H2023

Nakilat, one of the world’s largest Liquefied Natural Gas (LNG) fleet operators achieved a net profit of QAR 775 million for the first half...

Euronav Announces Strongest Ever Q2 Operating Performance

Euronav NV reported its non-audited financial results yesterday for the second quarter ended 30 June 2023. Lieve Logghe, CFO and CEO ad interim of Euronav...

Seanergy profitable in Q2 in volatile market

Seanergy Maritime Holdings Corp., announced financial results for the second quarter and six months ended June 30, 2023. The Company has also declared a quarterly...

Dorian LPG enjoys ‘fine’ first quarter financial results

Dorian LPG reported financial results for the three months ended June 30, 2023. Key Recent Developments Declared an irregular cash dividend totaling $40.4 million to be...

Scorpio Tankers Posts Q2 Net Income of $191.1 million

Scorpio Tankers reported its results for the three and six months ended June 30, 2023. The Company also announced that its board of directors has...

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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”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025,...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

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,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...