Exclusive Interview with Milaha CEO

President and CEO of Milaha reveals ship investment plans and more

Pacific Basin Staying Clear of Ordering as It Slashes Loss

Hong Kong-based dry bulk shipping company Pacific Basin will not be exercising its options for newbuilding tonnage ...

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Maersk Line Is Profitable Again

Danish container shipping major Maersk Line returned to profit, CEO of A.P. Møller – Mærsk A/S, Søren Skou, ...

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DSME Stays in Black in H1

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) informed that it has achieved two ...

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COSCO Shipping Trims Loss, Bearish on Outlook

COSCO Shipping International (Singapore), an offshore marine engineering, shipbuilding, and dry bulk shipping ...

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Impairments Hurt FSL Trust’s Q2 Earnings

Singapore-based First Ship Lease Trust (FSL Trust) posted a net loss of USD 21.8 million in the second quarter of ...

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Awilco Extends Charter Hire for LNG Carrier Duo

 Norwegian-based pure play LNG transportation company Awilco LNG has extended charter contracts for two LNG ...

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CEO: Stolt-Nielsen’s 2nd Q Results Disappointing

Oslo-listed Stolt-Nielsen Limited posted second quarter net profit attributable to shareholders of USD 15.6 ...

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CMA CGM Books USD 86 Mn in Q1 Profit

French shipping giant CMA CGM reported a consolidated net income of USD 86 million in the first quarter of 2017, ...

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Teekay Tankers Bags USD 153 Mn Sale-Leaseback Deal

Tanker shipping company Teekay Tankers, part of Bermuda-based Teekay Corporation, has entered into a term sheet for ...

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Teekay Corp Remains in Red

Bermuda-headquartered shipping company Teekay Corporation reported consolidated GAAP net loss attributable to ...

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Finnlines Reports Record-Breaking Q1 Performance

Finland’s RORO shipping company Finnlines, part of the Italian Grimaldi Group, said that it beat its record ...

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Eagle Bulk Upbeat on Market Recovery as It Slashes Loss

Marshall Islands owner of dry bulkers Eagle Bulk has managed to cut its loss in the first quarter of 2017 having ...

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MOL Reports USD 183 Mn Extraordinary Loss

Japanese shipping major Mitsui O.S.K. Lines has booked an extraordinary loss worth JPY 20.5 billion (USD 183 ...

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CMA CGM Back to Black in Q4, Delays Newbuilding Trio

French container shipping major CMA CGM has reported a net loss of USD 452 million for 2016, despite turning back ...

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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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Another Win for Navios in Vale Contract Dispute

A New York arbitration tribunal has ruled in favor of Navios South American Logistics, part of Greek dry bulk ...

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Höegh LNG Readies for Start-Up of Colombian FSRU Project

Norway-based owner and operator of floating LNG import terminals, Höegh LNG, is preparing for the start-up of the ...

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Ports of Auckland Handles Less in 2015/2016

New Zealand’s Ports of Auckland Limited (POAL) recorded a 6.7% decrease in its container volumes in the ...

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Rickmers Paints a Bleak Picture

Rickmers Group recorded EUR 131.5 million (USD 146.9 million) loss in the first half of this year due to the weak ...

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Euroseas Posts USD 22 Mn 1H Loss

Greek owner and operator of dry bulk and container ships Euroseas reported a net loss of USD 22 million for the ...

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HHLA's Container Volumes Down Due to Weak Asia Traffic

German terminal operator Hamburg Hafen und Logistik AG (HHLA) recorded a 5.7 percent decrease in its container ...

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