ZIM Back to Black in Q4

Israeli shipping company ZIM has managed to return to profit in the fourth quarter of 2016, generating a net profit ...

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Hyundai Heavy Stays in Black

South Korean shipbuilding major Hyundai Heavy Industries (HHI) has continued its earnings streak in the second ...

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Larger Fleet Boosts Singapore Shipping Corp’s FY Profit

Singapore Shipping Corporation Limited (SSC) reported a full year profit for the financial year ended March 31 ...

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Pan Ocean’s Q1 Earnings Down 40 Pct

Freshly restructured South Korean dry bulk shipping company Pan Ocean posted an almost 40 percent drop in earnings ...

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Eagle Bulk Offloads Bulker Trio as It Sinks Further into Red

Financially-troubled owner and operator of Supramax dry bulk vessels Eagle Bulk Shipping has sold the vessel ...

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Mitsubishi Heavy’s Profit Down by 42 Percent

Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) today reported a plunge of 42.2 percent in its net profit for ...

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MISC Berhad's Profit Rises Due to Improved Freight Rates

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, reported a rise in ...

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Royal Caribbean’s Q1 Profit Beats Forecast

New York-listed cruise line company Royal Caribbean Cruises reported adjusted first quarter earnings worth USD 124 ...

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HPH Trust’s Q1 Net Profit Soars amid Govt Refund

The first quarter of 2016 seems to be off to an excellent start for Singapore-listed container port business trust ...

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New VLCCs Drive Bahri’s Profit Surge

National Shipping Company of Saudi Arabia (Bahri) has seen a rise in its profits in the first quarter of 2016, as ...

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Strong Tanker Market Drives CSDC’s Profit Surge

Chinese shipping major China Shipping Development Company Limited (CSDC) achieved 34.95% higher profit for 2015 ...

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COSCO Pacific’s Profit Up 30 Pct Beating Forecasts

Hong Kong-listed port operator COSCO Pacific Limited recorded a 30.4 % profit increase in 2015 due to steady ...

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CMES’ 2015 Profit Skyrockets

Driven by strong tanker shipping market tailwinds, the Chinese state-owned shipping operator China Merchants Energy ...

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Major Return to Profit for Hapag-Lloyd

German shipping company Hapag-Lloyd has delivered EUR 114 million (USD 127.3 million) net profit in a challenging ...

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Fourfold Profit Jump for SCF

Russia’s largest shipping company SCF Group (PAO Sovcomflot) saw a major upswing in its full-year results recording ...

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Team Tankers Sees Major Return to Profit

Bermuda-headquartered chemical tanker owner and operator Team Tankers International has seen a major return to the ...

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DP World’s Profit Up 30.7 Pct in 2015

Dubai-based port operator DP World closed the 2015 financial year with a reported revenue growth of 16.3% and ...

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Euronav Bounces Back to Profit, Selling Suezmax Quartet

Antwerp-based tanker owner and operator Euronav NV has returned to full-year profit, recording USD 350 mln in ...

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Strong Product Market Spot Earnings Spur Hafnia's Profit

The best product tanker market spot earnings since 2009 combined with a larger fleet contributed to Hafnia ...

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ICTSI’s Profit Sinks Despite Growth in Volume

Manila-based container terminal owner and operator International Container Terminal Services Inc. (ICTSI) has ...

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CMA CGM’s Profit Edges Down in 2015

French container shipping major CMA CGM has reported a volume growth of 6.3% year-on-year in 2015, reaching 13 ...

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