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Finance & Economy

Capital Product Partners exits dry bulk sector

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2023. Highlights  Three-month periods ended...

Safe Bulkers on profitable eco course

Safe Bulkers’ profits remain at high levels in the first half of 2023, despite the fact that the freight market has been under pressure...

Keppel enjoys ‘transformational & productive’ first half

Keppel Corporation Limited (Keppel) reported a net profit of over S$3.6 billion for the half year ended 30 June 2023, the highest profit on...

HD Hyundai builds stable profit momentum

HD Hyundai, the world’s largest shipbuilder and heavy industries conglomerate, released its 2023 Q2 financial results. HD Hyundai reported a revenue of 15.6213 trillion won...

Safe Bulkers Reports Second Quarter 2023 Results

Safe Bulkers announced its unaudited financial results for the three and six month periods ended June 30, 2023. The Board of Directors of the...

Seanergy Announces Repurchases of $1.6 Million of Common Shares & Agreement to Acquire Newcastlemax Vessel

Seanergy Maritime Holdings Corp. announced that it has repurchased 362,161 common shares, or approximately 2% of its issued and outstanding shares, at an average...

Stolt-Nielsen posts second-quarter net profit of $113.3 million

Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2023. The Company reported a second-quarter net profit of $113.3 million before an...

Konstantakopoulos acquires 5.1% stake in Seanergy

A private entity controlled by Costamare CEO and major shareholder Konstantinos Konstantakopoulos has acquired 1.017 million shares in Stamatis Tsantanis-led Seanergy Maritime Holdings. According...

OOCL Sees Total Second Quarter Revenues Drop

Orient Overseas Container Line (OOCL) announced its unaudited operational update for the second quarter ended 30th June 2023. For the second quarter ended 30th June...

Diana Shipping: Signing and Drawdown of US$100 Million Term Loan Facility

Diana Shipping announced that on June 26, 2023, it signed a term loan facility with DNB Bank ASA for up to US$100 million with...

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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,...