Evergreen posts strong Q1 results with double-digit growth across key metrics
In the first quarter of 2025, Evergreen Marine Corporation reported a 23% year-on-year increase in revenue, reaching TWD 110 billion (US$3.3 billion). The Taiw...
Finance News
157 articlesStay up to date with the latest finance industry news, market updates, and analysis from around the world.
Staatsolie secures $1.6bn loan to enter TotalEnergies project in Suriname
Staatsolie arranged the loan with a group of 18 international, regional and local banks and financial institutions. With this loan, the company can partly finan...
HMM records US$2 billion in Q1 revenue
South Korean container shipping company HMM has announced solid results in the first quarter of 2025.In particular, HMM reported a 23% revenue jump year-on-year...
AD Ports Group reports strong Q1 results
AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits.Reve...
Matson doubles Q1 profit despite flat container volumes
In the first quarter of 2025, Matson reported a net profit of US$72.3 million—more than double its earnings from the same period last year—driven by...
US throws out Biden’s $6.9bn offshore decommissioning rule
The Trump administration is changing another Biden-era offshore oil and gas industry rule regarding assurances for decommissioning of old infrastructure.The US ...
UK government investing $400m to strengthen offshore wind supply chain
The UK government will invest £300m ($400m) through Great British Energy to strengthen the country’s offshore wind manufacturing capabilities and supply...
Cosco reports US$1.8 billion profit in first quarter
According to preliminary financial results, Cosco Shipping Holdings has recorded earnings before interest and taxes (EBIT) of US$2.3 billion during the first qu...
DEME to take over Havfram
Belgian marine services and dredging group DEME is expanding its footprint in the offshore wind sector with the acquisition of Norway-based contractor Havfram.T...
Express logistics providers bet big on health care business
The big three integrated parcel and logistics carriers are aggressively targeting the high-margin health care vertical as a profit center, with DHL on Monday an...
France risks missing offshore wind target without policy reform
France is currently on course to miss its offshore wind installation target unless permitting and a more favourable investment climate is created, a new researc...
ATBS says independent drivers earned a little more in ’24 but drove more as well
Independent truck drivers on average made a bit more money in 2024 than they did in 2023, but they worked harder for those extra dollars.That’s the conclusion...