Frontline has posted a sharp 65.8% year-on-year fall in first quarter profit on the back of lower revenue and reduced operating profit .
News ID: 74262 Publish Date : 2017/05/31
Drewry:
The majority of container shipping lines lost money in the first three months of 2017, but higher rates and fast-growing demand will soon show on the bottom line, according to shipping consultancy Drewry.
News ID: 74194 Publish Date : 2017/05/31
Container shipping line CMA CGM posted higher first-quarter profit s, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump.
News ID: 74013 Publish Date : 2017/05/20
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has received orders to construct four crude carriers, the company said in a stock exchange filing.
News ID: 73740 Publish Date : 2017/05/03
Cosco Shipping Holdings has posted a profit for the first quarter, reversing from a loss-making position in the year-ago period, thanks to an improved container shipping market and income from investment.
News ID: 73728 Publish Date : 2017/05/02
Taiwanese intra-Asia carrier Wan Hai Lines has managed to remain profit able, although with lower earnings.
News ID: 73260 Publish Date : 2017/04/05
China Merchants Port Holdings saw 2016 net profit rise 14% to HKD5.49bn ($706.5m) on gains in both container and bulk terminal volumes.
News ID: 73199 Publish Date : 2017/04/04
Cosco Shipping International (Hong Kong) Co has reported a fall in annual net profit on the back of the downturn in the international shipping industry marked by lingering oversupply.
News ID: 73122 Publish Date : 2017/03/26
Singapore’s PSA International (PSA) posted a dip in profit while container handling volumes rose in 2016 compared to the previous year.
News ID: 73120 Publish Date : 2017/03/26
INCREASED earnings from Cosco Group's 35-year operating concession at its container terminal helped the Piraeus Port Authority to increased earnings for 2016.
News ID: 72457 Publish Date : 2017/02/19
Gulf Navigation Holding (Gulf Nav) has seen its profit for 2016 spike as its financial turnaround efforts intensify.
News ID: 72316 Publish Date : 2017/02/14
Imbalances of Profit and Loss:
As the first nine months of 2016 were dominated by the disappointing result development seen during the first two quarters of the year, German shipping major Hapag-Lloyd ended the nine-month period with a net loss of EUR 133.9 million (USD 144 million).
News ID: 70363 Publish Date : 2016/11/20
South Korean shipbuilder Samsung Heavy Industries (SHI) is looking to raise up to KRW 1.14 trillion (USD 997 million), according to the company’s stock exchange filing.
News ID: 70152 Publish Date : 2016/11/07
South Korean shipbuilder Samsung Heavy Industries (SHI) is looking to raise up to KRW 1.14 trillion (USD 997 million), according to the company’s stock exchange filing.
News ID: 70152 Publish Date : 2016/11/07
Korea’s Hyundai Heavy Industries (HHI) has returned to profit in the third quarter despite a drop in revenue.
News ID: 69864 Publish Date : 2016/10/26
London-based provider of integrated shipping services Clarkson PLC (Clarksons) has seen a robust performance during the first half of 2016 despite continued challenging market conditions in many of its markets.
News ID: 68241 Publish Date : 2016/08/16
Atlantic Navigation Holdings (Singapore) has seen its first half net profit plunged as revenue was chopped due to the sluggish oil and gas market.
News ID: 68063 Publish Date : 2016/08/15
The port of Rotterdam’s container throughput fell by 2.3% year-on-year in the first six months of 2016, the port authority said as it announced reduced profit during the period.
News ID: 67675 Publish Date : 2016/07/22