Earnings News
Stolt-Nielsen Repays USD 147.6 Mn BondLondon-based chemical tanker owner Stolt-Nielsen has repaid the USD 147.6 million bond.03 October 2019 Thursday 14:04
Carnival Corp Lowers Full Year Earnings ExpectationMiami-based cruise ship major Carnival Corporation & plc continued its financial growth in the third quarter of 2019, reporting record revenues and earnings.27 September 2019 Friday 12:13
DryShips: Scrubbers, BWTSs Installed Onboard 7 VesselsDryShips has completed the dry-docking and installation of ballast water treatment systems (BWTSs) and scrubbers on seven of its vessels, the Greek ship owner and operator informed.18 September 2019 Wednesday 10:3
Ernst Russ Expands in Shipping Segment, Reports H1 LossDespite posting first-half losses, Germany’s asset and investment manager Ernst Russ closed H1 2019 with a significant expansion in the shipping segment.17 September 2019 Tuesday 12:39
Short Sea, US Lines Drive CMA CGM’s Volumes UpFrench shipping major CMA CGM has reported a strong growth in its volumes in the second quarter of 2019, despite an uncertain worldwide geopolitical environment.10 September 2019 Tuesday 11:35
Supertanker Earnings Fall Victim to OPEC Oil CutsOPEC’s strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry’s supply chain: the fleet of supertankers that shuttle fuel between continents.10 January 2018 Wednesday 17:31
Danaos’ Earnings Still Affected by Hanjin BankruptcyAthens-based containership owner Danaos Corporationinformed that its income plunged in the first quarter of 2017, reflecting the continued impact of the Hanjin bankruptcy.31 May 2017 Wednesday 12:10
Hapag-Lloyd Sees Higher Earnings in Full Year 2017German container shipping firm Hapag-Lloyd on Friday said it should achieve higher earnings this year, based on expectations for a moderate increase in freight rates and cost savings.13 May 2017 Saturday 11:05
MHI Lowers Full Year Earnings ForecastTokyo-based Mitsubishi Heavy Industries (MHI) has revised the estimates of its consolidated financial results, saying that it now expects an operating income of JPY 150 billion (USD 1.3 billion) for the fiscal year 2016.26 April 2017 Wednesday 15:00
Market Challenges Cut Milaha’s Quarterly EarningsQatar-based marine transport and logistics conglomerate Qatar Navigation (Milaha) has seen its net profit drop by some 33 percent for the first quarter of the year ended March 31, 2017.25 April 2017 Tuesday 12:20
Increased Activity Drives Port of Esbjerg’s Earnings UpDanish port of Esbjerg has reported a record turnover of EUR 30.94 million for 2016, mainly driven by a high level of activity at the port related to wind, RoRo traffic and car imports.23 March 2017 Thursday 13:32
Vessel Impairments Hit Torvald Klaveness’ EarningsNorwegian shipping company Torvald Klaveness concluded 2016 with a loss of USD 58 million negatively impacted by impairment of container vessels, compared to a loss of USD 23 million seen in 2015.16 February 2017 Thursday 12:14
Ardmore Shipping Sees Weak Full Year EarningsOwner and operator of mid-size product and chemical tankers Ardmore Shipping Corporation has seen its full year net profit plunge to USD 3.7 million from a net profit of USD 32 million seen in 2015.08 February 2017 Wednesday 11:30
NAT Earnings Hit by Volatile Tanker MarketAffected by a volatile tanker market the Bermuda-based tanker owner Nordic American Tankers (NAT) ended 2016 with a net gain of USD 32.8 million, down from USD 114.6 million seen in the previous year.06 February 2017 Monday 13:40
FRONT ROW
HHI Gets DNV GL Nod for Three FPSO Designs
MSC Joins CMA CGM, Hapag-Lloyd in Discarding Northern Sea Route- KHI: Ultramax FJM Glory Delivered at DACKS
- Black Sea Fleet’s patrol ship to join Russian Navy’s Mediterranean Squadron
- IMB: Piracy Incidents Down in 2019, But Gulf of Guinea Risks Remain
- Belships Reaches Deal to Sell Its Oldest Bulker
- Belships Hires Ultramax Newbuild
- America’s First LNG Articulated Tug and Barge Unit Launched
- COSCO Panamax collided with French trawler in Irish waters, heavy damage
- Germany Promotes Shore-Based Power to Cut Emissions in Ports
- AET Names Dual Fuel Shuttle Tankers for North Sea Ops
- IBM Joins Mayflower Autonomous Ship Project
- Naval Group Starts Training Of Argentine Navy OPV Crew
- Global Piracy on the Decline, IMB Report Indicates
- Gazprom Neft Opens Marine Lubricants Company in Singapore Ahead of IMO 2020
- Ocean Yield Acquires 2020 Bulkers’ Newbuild Pair with Long-Term Charter
- The command and replenishment ship Somme (A631) takes part at Corymbe Mission
- Philippine Coast Guard OPV BRP Gabriela Silang Completes Maiden Sea Trials
- Princess Cruises Takes Delivery of 4th Royal-Class Ship
- Aker Arctic To Deliver Propellers And Shaft Lines For Pohjanmaa-Class Corvettes
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