Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

Scorpio Bulkers Adds Final Newbuilds, Cuts Loss

Monaco-based dry bulk shipping company Scorpio Bulkers has taken delivery of all of its newly constructed vessels ...

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Surge in Shipping Risk Coverage Widens NordLB's Loss

As a result of a huge increase in the risk provisioning for ship financing, German shipping bank Norddeutsche ...

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COSCO Shipping Holdings Books USD 1.4 Bn Loss

Shanghai-listed COSCO Shipping Holdings Co, a unit of China Cosco Shipping Corporation Limited (Cosco Shipping), ...

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NordLB to Lend a Helping Hand to Bremer Landesbank

German shipping bank Norddeutsche Landesbank Girozentrale (NORD/LB) plans to provide financial relief to its ...

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Seaspan Corp Bleeds Red

Challenging market conditions have pushed China’s Seaspan Corporation to a full-year loss of USD 139 million ...

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Euroseas Triples Its Full Year Loss

Athens-based shipping firm Euroseas has seen its net loss for the year ended December 31, 2016 widen to USD 45.9 ...

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Team Tankers Remains in Loss amid Weaker Rates

Due to the weaker rates seen in the third quarter of 2016, Bermuda-based chemical tanker owner and operator Team ...

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Shipping Woes to Push NYK Line's Loss to USD 1.9 Bn

Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) expects to see a record loss of JPY 195 ...

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BW LPG Plunges into Loss amid Depressed LPG Spot Rates

Oslo-listed BW LPG Limited has reported a loss of USD 55.6 million in the second quarter of 2016, representing a ...

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Hanjin Shipping Sees Red Ink amid Falling Freight Rates

South Korean shipping company Hanjin Shipping has been further hit by falling freight rates in the container ...

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DSME Plunges into Red with USD 1 Bn Loss

South Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) has returned to the red as it ...

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Sinotrans' First Half Loss Widens

As the global economy dragged forward in uncertainty and instability during the first half of 2016, the Hong ...

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Diana Shipping Delivers Wider Loss

As the activities in the dry bulk shipping industry remained slow, the Greek dry bulk ship owner Diana Shipping ...

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Safe Bulkers Books Bigger Loss in Q1

Dry bulk owner and operator Safe Bulkers sank further into the red during the first quarter of the year having ...

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Höegh LNG Partners Sinks to Loss in Q1

 Höegh LNG Partners LP reported a net loss of USD 1 million for the first quarter of this year, a decrease of ...

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Zim Swings Back to Red

Israeli container shipping company ZIM Integrated Shipping Services Ltd. has sunk to the red in the first quarter ...

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CMA CGM Books USD 100 Mn Loss in Q1

French container shipping company CMA CGM reported a net loss of USD 100 million in the first quarter of 2016 in an ...

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Cancelled Newbuildings Widen Pioneer Marine's Loss

Oslo-listed shipowner and dry bulk transporter Pioneer Marine reported a net loss of USD 13.9 million for the first ...

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Hapag-Lloyd Sinks to USD 48 Mn Loss

German shipping major Hapag-Lloyd has reported a net loss of EUR 42.8 million (USD 48.5 million) for the first ...

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NOL Books USD 105Mn Net Loss amid Market Overcapacity

Singapore-based Neptune Orient Lines (NOL) Group today reported a net loss after tax of USD 105 million for the ...

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Norden Swings to Q1 Loss amid Dry Cargo Woes

Miserable conditions in the dry bulk market have pushed Danish shipping company Dampskibsselskabet NORDEN A/S ...

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