Transformation of How Ports Operate Imminent

IBM expert discusses digitization of the maritime industry.

Matson Delivers Higher Income in a 'Solid Year'

Matson's net income increases in 4Q 2017, supported by strong demand in its China service.

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GOGL Reports Better Earnings in 4Q 2017

Golden Ocean Group ended the fourth quarter of 2017 with a net income of USD 27.1 million.

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GasLog Adds One More LNG Carrier to Its Orderbook

GasLog unveiled a new shipbuilding contract for the construction of a 180,000 cbm LNG carrier.

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Belships Returns to Profit, Expands Fleet

Belships returned to black during the twelve months ended December 31, 2017.

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Wilhelmsen's Income Narrowed in 2017

Wilh.Wilhelmsen Holding ASA saw a 15 percent reduction in its total income for 2017.

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Philly Shipyard Reports Rise in Profits, Revenues

Philly Shipyard achieved record high revenues and profits in 2017.

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Viking Line's Yearly Income Shrinks

Viking Line's income after taxes decreased to EUR 5.3 million in 2017.

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Safe Bulkers Widens Net Loss in 4th Quarter

Safe Bulkers' net loss reached USD 86.6 million in 4Q 2017, against USD 4.6 million reported a year earlier.

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Odfjell Reports Improved 4Q 2017 Results

Although challenging chemical tanker market continued, Odfjell improved its earnings in 4Q 2017.

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Strong Volumes Drive Up WWL ASA Earnings

Wallenius Wilhelmsen Logistics (WWL ASA) reports strong results for 4Q 2017.

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Epic Gas Delivers Loss in 2017

Epic Gas delivers loss of USD 30.9 million for 2017, against USD 23.3 million reported a year earlier.

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Piraeus Port Sees Profit Surge under COSCO's Ownership

Piraeus Port Authority (PPA) reports profit increase first full year under the new ownership.

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MISC Posts Huge Drop in Profit

MISC Berhad (MISC) posts a 90.6 percent drop in its 4Q 2017 profit.

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Report: HMM to Start Ordering ULCVs from Next Month

Hyundai Merchant Marine is expected to place orders for up to 20 ULCVs, starting from March.

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Danaos Moves Back to Profitability

Danaos announces a return to profit as it benefited from a high charter contract coverage in 2017. 

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NAT Widens Full-Year Loss but Bullish on 2018

Due to volatility in the tanker shipping industry, NAT ended 2017 with a net loss of USD 75.5 million.

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Container, Dry Bulk Markets Give Boost to Klaveness Earnings

Driven by stronger container and dry bulk markets, Torvald Klaveness improved its financial results in 2017.

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Strong Container Demand Pushes Maersk Line's Profit Up

Maersk Line reported a net profit of USD 584 million in 2017, against a net loss of USD 376 million seen a year earlier.

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Hyundai Heavy Reports Deeper Loss

South Koran shipbuilder Hyundai Heavy Industries (HHI) ended the fourth quarter of 2017 with a widened net loss.

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Container Shipping Drives Maersk Group's Earnings

A.P. Møller - Maersk A/S narrowed its loss for 2017 to USD 1.16 billion, from a loss of USD 1.89 billion a year earlier.

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Western Bulk Returns to Profit

Western Bulk made a profit of USD 4.3 million in 2017, recovering from the loss of USD 20.1 million in 2016.

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