Low Rates Lead Diana Containerships to 1Q Loss

Greek-based containership owner Diana Containerships widened its net loss in the first quarter of this year, ...

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Navios Partners Closes 1Q in Red

Greek owner and operator of drybulk and container vessels Navios Maritime Partners suffered a net loss of USD 5.7 ...

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GulfNav Reports 1Q Profit Surge

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) ended the first three months of 2017 with a 39 ...

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Pyxis Tankers Pushes One-Third of Debt Repayment to 2022

Greece-based Pyxis Tankers has reached a preliminary agreement with one its lenders to extend the maturity of the ...

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Tanker Investments Inks Charters for Two Suezmaxes

Norway-based investment company focused on the tanker market Tanker Investments Ltd. (TIL) has secured one-year ...

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J. Lauritzen Posts 1Q Loss amid Challenging Markets

Danish shipping company J. Lauritzen widened its net loss in the first quarter of 2017 to USD 12.4 million from a ...

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Avance Gas in Red as Markets Remain Volatile

Although freight rates saw marginal improvements in the first quarter of 2017, Norway-based transporter of ...

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Weak Market Rates Affect Navios Acquisition's Earnings

NYSE-listed owner and operator of tankers Navios Maritime Acquisition has seen its net income drop by 18 percent to ...

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Navigate Product Tankers in Loss Despite Rates Rebound

Although product tanker rates started to recover in the first quarter of the year, Norway-based Navig8 Product ...

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TORM Reports Profit Dip

As a result of the challenging tanker market, Danish shipping company TORM ended the first quarter of this year ...

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Bunker Prices Affect Hapag-Lloyd's Result

German shipping major Hapag-Lloyd finished the first three months of the current financial year with a positive ...

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ZIM Shrinks Net Loss

Israel’s shipping company Zim Integrated Shipping Services (ZIM) managed to cut its net loss during the first ...

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Odfjell Stable Despite Challenging Chemical Tanker Market

Despite a challenging chemical tankers market, Norwegian shipping and tank terminal company Odfjell delivered a ...

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DryShips Buys New Suezmax Tanker

Athens-based dry bulk shipowner DryShips Inc. has entered into an agreement to acquired one 158,000 dwt Suezmax ...

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Maersk Group's Earnings in Line with Expectations

Danish shipping and offshore energy conglomerate Maersk Group reported its profit at USD 253 million for the first ...

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DFDS' Freight Volumes Up in North Sea

Despite reduced passenger volumes due to late Easter, Danish-based shipping and logistics company DFDS reported ...

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NCLH Starts Year on a High Note

Miami-based cruise company Norwegian Cruise Line Holdings (NCLH) has started the year with a record revenue which ...

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INSW Eyes Fleet Growth as It Reports Q1 Profit

US-based tanker shipping firm International Seaways (INSW) is eager to avail of the attractive market so as to ...

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Navig8 Chemical Ends Quarter in Loss

Although the chemical tanker market started sailing towards recovery, the chemical shipping company Navig8 Chemical ...

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Impairment Charges Hurt DHT's 1Q Profit

Bermuda-based tanker shipping company DHT Holdings posted a net income of USD 14.3 million in the first quarter of ...

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New Boxships Drive Ocean Yield's Earnings up

Norwegian ship-owner Ocean Yield ASA has seen its net profit reach USD 36.8 million in the first quarter of 2017, ...

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