Latest Monaco News

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...

Today in History: September 14, Roosevelt becomes youngest US president

Sep. 14, 2024 00:19 AM EDT

Today in History Today is Saturday, Sept. 14, the 258th day of 2024. There are 108 days left in the year. Today in history: On Sept. 14, 1901, President William McKinley died in Buffalo, New York, of gunshot wounds inflicted by an assassin eight days...

Leclerc delights home F1 fans with Italian GP win as Ferrari's bold strategy pays off

Sep. 01, 2024 13:25 PM EDT

MONZA, Italy (AP) — Charles Leclerc secured Ferrari a rare win at the Formula 1 Italian Grand Prix, much to the home fans’ delight, as the team's bold one-stop strategy paid off on Sunday. Ferrari, which had brought nine upgrades to its home race, was one of the teams to choose...

Costamare: Q2 Earnings Snapshot

Jul. 31, 2024 07:31 AM EDT

MONACO (AP) — MONACO (AP) — Costamare Inc. (CMRE) on Wednesday reported earnings of $102.9 million in its second quarter. On a per-share basis, the company said it had net income of 77 cents. The shipping company posted revenue of $515.4 million in the period. ...

Scorpio Tankers: Q2 Earnings Snapshot

Jul. 30, 2024 06:58 AM EDT

MONACO (AP) — MONACO (AP) — Scorpio Tankers Inc. (STNG) on Tuesday reported second-quarter earnings of $227.3 million. On a per-share basis, the company said it had net income of $4.34. Earnings, adjusted for non-recurring gains, came to $3.60 per share. The...

Safe Bulkers: Q2 Earnings Snapshot

Jul. 29, 2024 16:44 PM EDT

MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Monday reported earnings of $27.6 million in its second quarter. On a per-share basis, the company said it had profit of 24 cents. Earnings, adjusted for non-recurring gains, came to 17 cents per share. The...