GOGL Still in The Red

Dry bulk shipping company Golden Ocean Group Limited (GOGL) managed to narrow its net loss in the first quarter of ...

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Low Rates Lead Diana Containerships to 1Q Loss

Greek-based containership owner Diana Containerships widened its net loss in the first quarter of this year, ...

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Navios Partners Closes 1Q in Red

Greek owner and operator of drybulk and container vessels Navios Maritime Partners suffered a net loss of USD 5.7 ...

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GulfNav Reports 1Q Profit Surge

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) ended the first three months of 2017 with a 39 ...

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Pyxis Tankers Pushes One-Third of Debt Repayment to 2022

Greece-based Pyxis Tankers has reached a preliminary agreement with one its lenders to extend the maturity of the ...

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Tanker Investments Inks Charters for Two Suezmaxes

Norway-based investment company focused on the tanker market Tanker Investments Ltd. (TIL) has secured one-year ...

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J. Lauritzen Posts 1Q Loss amid Challenging Markets

Danish shipping company J. Lauritzen widened its net loss in the first quarter of 2017 to USD 12.4 million from a ...

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TORM Reports Profit Dip

As a result of the challenging tanker market, Danish shipping company TORM ended the first quarter of this year ...

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DFDS' Freight Volumes Up in North Sea

Despite reduced passenger volumes due to late Easter, Danish-based shipping and logistics company DFDS reported ...

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INSW Eyes Fleet Growth as It Reports Q1 Profit

US-based tanker shipping firm International Seaways (INSW) is eager to avail of the attractive market so as to ...

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Impairment Charges Hurt DHT's 1Q Profit

Bermuda-based tanker shipping company DHT Holdings posted a net income of USD 14.3 million in the first quarter of ...

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Genco Cuts Quarterly Loss

US-dry bulk shipping company Genco Shipping and Trading managed to narrow its quarterly net loss to USD 15.6 ...

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NAT Ends 1Q in Red

Still impacted by weak tanker market conditions, Bermuda-based tanker owner Nordic American Tankers (NAT) suffered ...

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Philly Shipyard Reports Profit Surge in 1Q

US-based shipbuilder Philly Shipyard closed the first quarter of this year with a net income of USD 17.2 million, ...

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Ardmore Closes Q1 in Red

Bermuda-headquartered owner and operator of product and chemical tankers Ardmore Shipping Corporation suffered a ...

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Maersk Scraps 7 Boxships at Asian Yards in 1Q

Danish container shipping giant Maersk Line sent a total of seven Panamax vessels to ship recycling yards during ...

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GSL Sees Improvement in Spot Market Charter Rates

UK-based containership charter owner Global Ship Lease (GSL) posted a net income of USD 6.8 million in the first ...

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Exmar to Take Delivery of Caribbean FLNG in May

Belgium’s LNG and LPG carrier owner and operator Exmar revealed it expects to take delivery of Caribbean ...

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Navios Midstream's 1Q Profit Cut

Monaco-based owner and operator of tankers Navios Maritime Midstream Partners recorded a net income of USD 4.5 ...

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Seaspan Bullish on Containership Market Recovery

Hong Kong-headquartered containership manager and owner Seaspan Corporation delivered a net income of USD 40 ...

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Poor TCE Rates Push Scorpio Tankers to Loss

Due to low time charter equivalent (TCE) rates, Monaco-based tanker shipping company Scorpio Tankers suffered a net ...

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