Computational Fluid Dynamics

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

Pan Ocean Records More than Twofold Profit Jump

Korea’s shipping company Pan Ocean recorded USD 83 million in profit for 2016, more than doubling its profit ...

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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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