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ANALYSIS

Singaporean rig builder sembcorp marine posts first loss since 200315 February 2016 Monday 16:38Singaporean rig builder sembcorp marine posts first loss since 2003Sembcorp Marine Ltd., the world’s second- largest builder of oil rigs, posted its first quarterly loss in at least 12 years after it took a one-time charge and as plunging oil prices pushed customers to delay or cancel orders for offshore drilling project
Jurong Port, Oiltanking Team Up on New Liquid Bulk TerminalJurong Port, Oiltanking Team Up on New Liquid Bulk Terminal08 December 2015 Tuesday 11:02
Newbuilding Orders Focus on TankersNewbuilding Orders Focus on Tankers02 September 2015 Wednesday 10:3
Capesize Market Stops Falling, Rates Halved in Less Than a MonthCapesize Market Stops Falling, Rates Halved in Less Than a Month01 September 2015 Tuesday 10:43
LATEST GALLERIES
    Obama Defends Arctic Oil DrillingObama Defends Arctic Oil DrillingUnited States' President Barack Obama defends his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean.31 August 2015 Monday 09:33
    VLCC Tanker Market Bulking Under PressureVLCC Tanker Market Bulking Under PressureVLCC rates continued to slide this week as a pause between the conclusion of the August and start of the September programs in the Middle East market saw overall chartering activity levels decline, said shipbroker Charles R. Weber.25 August 2015 Tuesday 09:49
    Too Early to Declare Victory for Dry Bulk ShippingToo Early to Declare Victory for Dry Bulk ShippingThe depressed dry bulk shipping market has seen a modest recovery since the beginning of the year, spurred by a push for demolition of older tonnage and a slowdown in ordering new tonnage.22 August 2015 Saturday 09:30
    New Zealand’s Cruise Industry Growth Set to Break RecordsNew Zealand’s Cruise Industry Growth Set to Break RecordsNew Zealand’s cruise industry is forecast to grow in the 2015-2016 season with 33.0% increase in passenger numbers, 24.6% increase in value added and 23.8% increase in employment supported, a level of activity that New Zealand has never seen before.21 August 2015 Friday 10:10
    COSCO International Announces 2015 Interim ResultsNet Profit Up 5% YOY and Interim Dividend Rose 133% YOYCOSCO International Announces 2015 Interim ResultsNet Profit Up 5% YOY and Interim Dividend Rose 133% YOYThe board of directors (the “Board”) of COSCO International Holdings Limited , stock code: 00517.HK) is pleased to announce the unaudited consolidated results of the Company and its subsidiaries for the six months ended 30th June 2015.20 August 2015 Thursday 10:32
    Sinotrans Plunges into RedSinotrans Plunges into RedSinotrans Shipping ended the first half of 2015 with $18.3 million net loss, as compared to $2.3 million net profit for the same period a year earlier, due to a dip in revenues from operations of the company’s dry bulk and container shipping segments.15 August 2015 Saturday 10:16
    Tallink Improves Quarterly Profit by 368 PctTallink Improves Quarterly Profit by 368 PctEstonian AS Tallink Grupp reported EUR 28.5 million net profit for the second quarter of 2015, a 367.7% jump compared to EUR 6.1 million net profit for the same period a year earlier, due to increased charter revenues and lower operating costs.13 August 2015 Thursday 18:02
    Tankers Help SCI Triple Its Quarterly ProfitTankers Help SCI Triple Its Quarterly ProfitThe Shipping Corporation of India (SCI) has more than tripled its net profit for the quarter ended June 30 due to the rally in tanker markets aided by the continued slide in world crude oil prices.13 August 2015 Thursday 11:28
    Maersk’s Quarterly Profit DipsMaersk’s Quarterly Profit DipsMaersk Group delivered USD 1.1 billion underlying net profit for the quarter ended June 30, as compared to USD 1.2 billion reported for the same period a year earlier, largely due to a dip in oil price and lower average container freight rates.13 August 2015 Thursday 11:02
    International rig count drops to 1,118International rig count drops to 1,118Crude oil and natural gas exploration has dropped following low oil prices and limited investments in different parts of the world.12 August 2015 Wednesday 16:36
    New Opportunities and Challenges for LNG ShipsNew Opportunities and Challenges for LNG ShipsAs a clean energy, natural gas is being valued by increasing countries and authorized Organizations. Gas will be a reasonable option to resolve emissions for Ship owners in coming years forced by new rules and policies from IMO and government bodies.11 August 2015 Tuesday 15:40
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