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Finnlines Reports Stable Result Despite Lower Volumes


Last year was profitable for Grimaldi's Finnlines despite a decline in cargo volumes.

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Flex LNG Enjoys ‘Best-Ever’ Financial Results

LNG carrier

Flex LNG announced its best-ever financial results with a net income of around USD 24 million for Q4 2019.

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Maersk Posts Higher Earnings, Expects Weak Start of 2020

Maersk Edith

Maersk managed to improve earnings and free cash flow in 2019.

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Scorpio Tankers Reaps Fruit of Scrubber Project

Scorpio Tankers

Scorpio Tankers' scrubber fitted ships have been earning more money than those without scrubbers.

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GoodBulk Offloads Capesize Duo

GoodBulk bulker

Dry bulk vessel owner and operator GoodBulk sold two older Capesize vessels in January 2020.

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More LNG Carriers in Operation Boost MISC's Revenue

MISC Berhad

MISC Group wrapped up 2019 with both profit and revenue increases.

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Hapag-Lloyd Cheers 80 Pct Higher Operating Profit in 2019

Hapag-Lloyd containership

Hapag-Lloyd recorded an over 80 pct increase in earnings before interest and taxes for 2019.

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Nakilat Boasts Highest Profit Ever

Al Mafin

NAKILAT records stellar performance in 2019.

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Slowing World Trade Affects Port of Rotterdam Volumes


The Port of Rotterdam's freight throughput remained flat in 2019, as growth in international trade lost momentum.

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GOGL Refinances USD 284 Mn Loan


GOGL refinances USD 284 million loan facility covering 15 vessels.

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HHLA Handles More Containers in 2019


HHLA closed the 2019 financial year with a rise in both its container throughput and revenue.

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Royal Caribbean Books Stronger Full Year Results in 2019

Independence of the Seas

The company said that the result was achieved despite a series of extraordinary events.

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MOL in Restructuring Mode


Japanese shipping major MOL unveils a number of new restructuring measures.

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ONE Reels In Profit for Third Consecutive Quarter

One Grus

ONE remains in the black for three consecutive quarters.

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Ullman: The Tanker Boom Is Now With Us

Stena Performance

The long-awaited recovery of the tanker market finally materialized at the end of 2019.

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Bahri Reports 172 Pct Profit Jump


Saudi Arabian company Bahri wrapped up Q4 2019 with a 172.48 percent net profit surge.

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Stolt-Nielsen: Chemical Tanker Market Upswing Imminent

Stolt -Nielsen

Stolt-Nielsen Limited expects a gradual upturn in the chemical tanker market as the year unfolds.

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Euronav Taps Into Market’s Best Quarter in 10 Years


Belgian tanker shipping major Euronav has enjoyed strong tanker dynamics in the fourth quarter of 2019.

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Tanker Revenues Boost Performance Shipping's Earnings


Performance Shipping reported revenue growth in Q4 2019, which was mainly driven by tanker earnings.

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Scorpio Bulkers Reports Lower Vessel Revenues


Monaco-based shipping company Scorpio Bulkers managed to return to profit in the fourth quarter of 2019.

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Golden Ocean CEO Steps Down


Golden Ocean Group Limited's (GOGL) CEO Birgitte Ringstad Vartdal is stepping down from her role as chief executive.

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