New Additions Drive Ocean Yield's Earnings Up

Norwegian ship owner Ocean Yield ASA has seen an improvement in its earnings for the second quarter ended June 30, ...

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Philippine Ports Authority Starts Year on a High Note

The Philippine Ports Authority (PPA) has reported a surge of 34 percent in its net income which stood at PHP 2.3 ...

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Golar LNG Plunges into Loss

Owner and operator of liquefied natural gas carriers Golar LNG generated a net loss of USD 65.8 million in the ...

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Ship Finance in Fleet Renewal Mode

Bermuda-based shipowner Ship Finance International (SFL) continues with diversification and renewal of its fleet as ...

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Softer Tanker Market Affects Nordic Shipholding's Earnings

Denmark-based shipowner Nordic Shipholding A/S recorded a loss after tax of USD 0.2 million in the first quarter of ...

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Frontline Optimistic Despite Lower Income

John Fredriksen-controlled tanker owner and operator Frontline ended the first quarter of 2017 with a net income of ...

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Teekay LNG Partners Returns to Profit

Bermuda-headquartered owner and operator of liquefied natural gas carriers Teekay LNG Partners has bounced back to ...

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BW LPG Hit by Depressed LPG Spot Rates

Affected by depressed liquefied petroleum gas (LPG) spot rates, Singapore’s gas carrier owner BW LPG has seen ...

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StealthGas Posts Record Revenues in 1Q

StealthGas, a shipping company serving the LPG sector, reported record revenues in the first quarter of 2017, ...

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Navios Holdings Sees Red Ink

Greek shipping firm Navios Maritime Holdings widened its net loss in the first quarter of 2017, reaching USD 48.7 ...

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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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Avance Gas in Red as Markets Remain Volatile

Although freight rates saw marginal improvements in the first quarter of 2017, Norway-based transporter of ...

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Weak Market Rates Affect Navios Acquisition's Earnings

NYSE-listed owner and operator of tankers Navios Maritime Acquisition has seen its net income drop by 18 percent to ...

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Navigate Product Tankers in Loss Despite Rates Rebound

Although product tanker rates started to recover in the first quarter of the year, Norway-based Navig8 Product ...

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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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