George Economou has acquired a stake in tanker owner Performance Shipping.
According to a relevant SEC filing, Economou’s investment vehicle, Sphinx, a subsidiary of Maryport...
The Panama Canal, an 82-kilometre waterway constructed to allow ships to pass between the Atlantic and Pacific oceans, is under pressure from climate change.
Severe...
Morgan Stanley Investment Management ("MSIM"), through Morgan Stanley Infrastructure Partners ("MSIP"), and U.S. maritime, energy and logistics solutions leader Crowley announced today the creation...
Solstad delivered the strongest quarter in the Company’s history in terms of Operating Income and EBITDA, and achieving a strong EBITDA margin at 49%.
CSV...
Navios Maritime Holdings Inc., reported its financial results for the second quarter and six months ended June 30, 2023.
Navios Holdings owns (i) a controlling...
Frontline plc, reported unaudited results for the six months ended June 30, 2023:
Highlights
Highest second quarter profit since 2008 of $230.7 million, or $1.04 per...
The Baltic Exchange’s main sea freight index recorded its lowest level in more than eight weeks on Thursday, as demand fell across vessel segments.
The...
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...
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 is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
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...
