Latest Monaco News

Safe Bulkers: Q3 Earnings Snapshot

Nov. 13, 2024 16:50 PM EST

MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Wednesday reported profit of $25.1 million in its third quarter. On a per-share basis, the company said it had profit of 22 cents. Earnings, adjusted for non-recurring gains, were 16 cents per share. The...

Costamare: Q3 Earnings Snapshot

Nov. 01, 2024 07:23 AM EDT

MONACO (AP) — MONACO (AP) — Costamare Inc. (CMRE) on Friday reported earnings of $78.9 million in its third quarter. The company said it had profit of 63 cents per share. Earnings, adjusted for non-recurring costs, were 68 cents per share. The shipping company...

Scorpio Tankers: Q3 Earnings Snapshot

Oct. 29, 2024 06:50 AM EDT

MONACO (AP) — MONACO (AP) — Scorpio Tankers Inc. (STNG) on Tuesday reported third-quarter profit of $158.7 million. The company said it had net income of $3.16 per share. Earnings, adjusted for non-recurring gains, came to $1.75 per share. The results topped Wall...

Model makers in Madagascar are bringing history's long-lost ships back to life

Sep. 29, 2024 02:03 AM EDT

ANTANANARIVO, Madagascar (AP) — A French trading ship that sank in the 17th century with treasure onboard is being brought back to life in a workshop in Madagascar with every stroke of Rafah Ralahy's small wood sander. Ralahy, eyes sparkling behind his glasses, has learned in 30...