Shipping’s Decarbonization Will Need Major R&D Investment

Collaboration and investment in technology development key for meeting IMO's targets

NAT Reports Net Loss in Q1

Suezmax owner Nordic American Tankers ended Q1 2018 with a widened net loss year over year.

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Dynagas Partners Delays Purchase of LNG Tanker Duo

Dynagas vessel

Dynagas LNG Partners reached an agreement to further extend the deadline for the purchase of two LNG tankers.

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Logistics Units Push Cosco Shipping to Profit

Containers

COSCO Shipping International returned to profit in the 1Q 2018, following the acquisition of two logistics units.

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HHLA Makes Good Start to 2018

German terminal operator HHLA handled 2.6 percent more containers in the first quarter of this year.

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Navios Holdings Benefits from Improved Charter Markets

Navios vessel

Navios Holdings delivered higher revenue in the first quarter of 2018 driven by healthier charter markets.

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MISC Net Profit Halved in Q1

Malaysia's MISC Berhad ended Q1 2018 with its net profit slashed by more than 50 percent.

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Navig8 Chemical Tankers Remains in the Red

Lower charter rates pushed Navig8 Chemical Tankers deeper into loss in the first quarter of this year.

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New Terminals Drag Down ICTSI’s Q1 Profit

ICTSI

Philippine-based terminal operator ICTSI reported a lower profit in the first quarter of 2018.

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Wilh. Wilhelmsen's Profit Jumps despite Challenging Markets

Wallenius Wilhelmsen vessel

Wilh. Wilhelmsen Holding ASA saw slight improvement in top line in the first quarter, despite challenging markets.

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Cruise Ships Push Fincantieri's Revenues Up

Carnival Magic shipbuilding process

Fincantieri delivered a higher revenue in the 1Q 2018 driven by a rise in volumes of cruise ships business.

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GasLog CEO: Rates Have Bottomed Out

LNG tanker Gaslog Seattle

GasLog delivered record quarterly revenues in the first quarter of 2018, as its profit increased for the period.

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Vessel Deliveries Push Ocean Yield's Revenues Up

Ocean Yield

Ocean Yield's revenues increased to USD 66.3 million in the first quarter of 2018 driven by vessel deliveries.

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Ardmore Shipping Agrees Refinancing for MR Tanker Duo

Vessel Ardmore Sealancer

Ardmore Shipping agreed a refinancing deal related to two of its 2013-built Eco-design MR product tankers.

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OOCL Posts Higher Volumes, Revenues in 1Q

OOCL vessel

OOCL witnessed an increase in revenues, coupled with a surge in volumes, during the first quarter of 2018.

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Norwegian Cruise Line Sees Another Record Quarter

Cruise ship Norwegian Bliss

Norwegian Cruise Line witnessed a strong start to 2018 as its net income surged by 66.7% in the first quarter.

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Matson Off to a Good Start

Matson containership

Matson doubled its net income for the 1Q 2018 as its Ocean Transportation and Logistics businesses exceeded expectations.

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Port of Amsterdam's Revenue Rises on Record Transshipment

Port of Amsterdam operations

Port of Amsterdam's revenue increased to EUR 150.1 million in 2017, from EUR 146.3 million delivered in 2016.

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COSCO Shipping's Profit Drops despite Increase in Volumes

COSCO Shipping Holdings saw its profit plunge by 33 percent in the first quarter ended March 31, 2018.

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Global Ship Lease Earns Less in First Quarter

Containership OOCL Qingdao

GSL's net income for the quarter dropped to USD 4.2 million from USD 6.8 million reported in the first quarter of 2017.

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GasLog Partners Delivers Highest Quarterly Profit

LNG tanker Gaslog Santiago

GasLog Partners delivered its highest-ever quarterly partnership performance results in the first quarter of 2018.

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K Line Returns to Profit

Containership Seattle Bridge

K Line delivered a net profit of JPY 10.4 billion, against a net loss of JPY 139.4 billion seen a year earlier.

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