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Costamare posts USD 95 mln net income in 1Q2025

Costamare reported unaudited financial results for the first quarter ended March 31, 2025 (“Q1 2025”). I. PROFITABILITY AND LIQUIDITY • Q1 2025 Net Income available to...
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Capital Clean Energy Carriers sees Q1 profit jump 44%

Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2025. Key Quarterly Highlights New...
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Okeanis Eco Tankers registers $500m of securities for sale

Okeanis Eco Tankers, announced today that it has filed with the U.S. Securities and Exchange Commission a shelf registration statement on Form F-3 on...
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Costamare announces completion of the Costamare Bulkers Holdings Limited spin-off

Costamare announced that it has completed the spin-off of its dry bulk business into a standalone public company, Costamare Bulkers Holdings Limited. Each holder...
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Genco Shipping & Trading Limited announces Q1 2025 Financial Results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the...
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Pyxis Tankers announces loan commitment for potential fleet expansion

Pyxis Tankers, an international shipping company, announced that it had signed a commitment letter with an existing bank for a “hunting license” loan facility...
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Navios Partners: Q1 revenues and profits down on lower charter rates

Navios Maritime Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended March...
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Evalend Shipping linked to tanker order at HD Hyundai

South Korea’s HD Hyundai has confirmed it has received an order for the construction of two 157,000-dwt tankers, valued at approximately USD 180 million. Deliveries...
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Fredriksen increases stake in Star Bulk

Shipping magnate John Fredriksen has increased his stake in the US-listed, Petros Pappas-led dry bulk giant Star Bulk Carriers. According to a relevant SEC filing,...
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Scorpio Tankers announces financial results for the first quarter of 2025 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) today reported its results for the three months ended March 31, 2025. The Company...
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Golden Ocean reports first-quarter loss

Golden Ocean Group Limited, the world's largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March...

Safe Bulkers maintains strong balance sheet in Q1; takes delivery of 12th newbuild

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three-month periods ended March 31, 2025.

ZIM reports financial results for the first quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three months ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter...

Global Ship Lease reports results for the first quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three months ended March 31, 2025. First Quarter of 2025 Highlights and...

New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

Baltic Index inches lower on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index down on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Savannah container trade up 17 percent in April

The Georgia Ports Authority had its busiest April ever for container trade, moving 515,500 twenty-foot equivalent container units last month. The Port of Savannah...

PPA: Upgrade works at Piraeus port ahead of the summer season

The upgrade works on the infrastructure at the main passenger port of Piraeus are progressing rapidly, in view of the summer season and the...

April port of Los Angeles volume robust ahead of drop coming from tariffs

The Port of Los Angeles handled 842,806 Twenty-Foot Equivalent Units (TEUs) in April, 9.4% more than last year. After four months, the Port of...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...

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