Everybody Is Looking into LNG as Marine Fuel

WinGD: LNG is one of the most appealing marine fuel options ahead of 2020 sulphur cap.

J. Lauritzen Expands Dry Bulk Fleet

Bulker

J. Lauritzen extends time charters for five bulkers and hires one additional ship.

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GOGL to Equip 16 Bulkers with Scrubbers

Bulker

Ahead of the implementation of new maritime regulations, GOGL is to install 16 scrubbers on its Capesize vessels. 

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Team Tankers Bounces Back to Profit in Q2

Chemical tanker

After posting financial losses, Team Tankers returned to profitability in Q2 2018.

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Maersk's Revenue Grows in a Challenged Market

Søren Skou, CEO of A.P. Møller Mærsk

Maersk delivered revenue growth as profitability remained at unsatisfactory levels in the second quarter of 2018.

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Boskalis Makes Partial Exit from Heavy Lift Business

Heavy Lift

Boskalis plans to partially exit from its heavy lift business after it suffered huge financial losses in H1 2018. 

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TORM's Newbuildings to Feature Scrubbers

Tanker

TORM unveiled plans to install scrubbers on 14 of its vessels in an effort to prepare for the 2020 sulfur cap.

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DP World's Earnings Grow amid Upswing in Global Trade

DP World

DP World: Global trade sees upswing as geopolitical headwinds continue to pose uncertainty for the container market.

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DSME Posts Lower H1 Profit

Shipbuilding

DSME wrapped up the first six months of 2018 with a lower profit year over year. 

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Concordia Maritime: Weak Tanker Market Will See an Upturn

Tanker

As the tanker market remained week during Q2 2018, Concordia Maritime widened its net loss.

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Navig8 Chemical Tankers Sinks Further into Red

Tanker

Lower gross average daily TCE rates pushed Navig8 Chemical Tankers further into loss in 2Q 2018.

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Epic Gas Cuts Loss amid Improving Market Conditions

Shipping

Epic Gas managed to shrink its net loss in 2Q 2018, mainly due to improving market conditions.

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GulfNav Upgrading Fleet ahead of New Environmental Rules

Tanker

GulfNav upgrading its fleet with new technologies to prepare for upcoming environmental regulations. 

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HMM Widens Loss amid High Bunker Costs, Poor Freight Rates

HMM containership

Higher bunker costs and lower average freight rates pushed HMM further into loss during the second quarter.

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Pan Ocean Delivers Nearly Double Net Profit

Money

Pan Ocean's net profit was almost double in 2Q of 2018, driven by a recovery in freight rates.

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HHLA's Container Throughput Keeps Rising

Container terminal

HHLA recorded an increase of 1.2 percent in its container throughput in the first half of this year. 

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Low MR Charter Rates Hurt Pyxis Tankers' Earnings

Tanker

Due to lower MR charter rates, Pyxis Tankers ended Q2 2018 with a widened net loss.

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Yang Ming Sinks Deeper into Loss

Yang Ming

Yang Ming's net loss expanded in the second quarter of 2018, amid a surge in fuel prices so far this year.

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Wilhelmsen Optimistic as Earnings Drop after Drew Deal

Wilhelmsen

Following the abandoning of Drew Marine acquisition, Wilhelmsen ended the second quarter of 2018 in loss.

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Norwegian Cruise Line's Earnings Outpace Estimates

Norwegian Bliss

NCL's earnings surpassed estimates due to a strong demand for cruises and the delivery of Norwegian Bliss.

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Star Bulk Secures USD 80 Mn Refinancing

Petros Pappas, Chief Executive Officer of Star Bulk

Star Bulk Carriers unveiled an agreement for a new loan of USD 80 million.

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Terminal Start-Up Costs Put Pressure on ICTSI's Income

Manila International Container Terminal

ICTSI's net income dropped in 1H 2018 due to the start-up costs of new terminals in Papua New Guinea and Australia.

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