Bigger Ships on the Horizon for Fujairah

CEO of Fujairah Terminals

CEO of Fujairah Terminals updates on the progress with expansion plans at the port.

Navios Holdings Sells Bulker, Widens Loss

Navios Maritime Holdings bulker

The 50,316 dwt bulker was sold to an unnamed buyer in February this year.

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Maersk Forecasts Higher Profits in 2019

Søren Skou, CEO of A.P. Moller - Maersk

Maersk: Earnings increased despite a challenging start to 2018, however, profitability still needs to improve.

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Nordic American Tankers Shrinks Quarterly Loss

NAT

NAT wrapped up the fourth quarter of this year with a net loss of USD 10.5 million.

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Danaos Delivers Major Loss due to Impairments

Containership

Danaos Corporation ended the fourth quarter of 2018 with a major loss due to USD 210.7 million impairment charges.

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GoodBulk to Make Its Capesize Ships BWMC Compliant

goodbulk

GoodBulk plans to equip eleven of its Capesize vessels with ballast water treatment systems in the coming period. 

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GOGL Profitable Despite Capesize Rates Decline in Q4

bulker

Golden Ocean Group remains profitable in 2018 despite weaker Capesize dry bulk market.

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Nakilat Grows Profit in 2018

Nakilat

Nakilat delivered a 5.3% increase in profit during the year ended December 31, 2018.

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Wilhelmsen Reports Full-Year Loss, 2019 Outlook Steady

wilhelmsen

Wilhelmsen ended 2018 -- the first full year with present corporate structure -- in loss.

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Crane Issues Hamper Operations of ESL's LNG-Fueled Bulkers

viikki-

Serious technical problems with cranes slowed down the deployment of ESL Shipping's new LNG-fueled bulkers.

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Weak Chemical Tanker Market Pushes Odfjell Further into Red

Odfjell tanker

Odfjell ended the fourth quarter of 2018 in the red amid a weak chemical tanker market.

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GasLog Ends 2018 with Record Earnings

gaslog-1

GasLog wrapped up 2018 with record annual and quarterly results.

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Epic Gas Cuts Full-Year Net Loss by 91 Percent

shipping

Epic Gas managed to improve its net financial position by 91 percent in 2018.

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HPH Trust Ends 2018 with Major Loss

Port

HPH Trust ended 2018 with loss of HKD 10.2 billion, compared to a profit of HKD 2.2 billion reported in 2017.

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Yilport's Global Volumes Continue Growing in 2018

Gebze Terminal, Turkey

Yilport Holding's worldwide terminals handled 5% more volumes in 2018, compared to a year before.

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DFDS Eyes Further Growth in 2019

dfds

DFDS closed 2018 with an increase in its earnings, mainly driven by the expansion in the Mediterranean. 

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HHLA Exceeds Earnings Targets in 2018

hhla

Despite difficult market conditions in the second half of 2018, HHLA wrapped up the year with a rise in its earnings. 

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DHT Holdings Back to Black in 4Q 2018

DHT Holdings vessel

DHT Holdings managed to return to the black in the fourth quarter of 2018, as revenues continued rising.

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Ardmore Refinances Seven, Disposes of Two Ships

Ardmore Shipping

Ardmore Shipping refinanced seven vessels and agreed to sell two units during the fourth quarter of 2018.

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Non-Operating Activities Damage Bahri's Profit

VLCC Hilwah

Bahri's revenue surged in 4Q 2018, while net profit deflated due to a decrease in non-operating activities.

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2018 Another Excellent Year for Ports of Stockholm

Stockholm

Ports of Stockholm wrapped up 2018 as a record revenue year, with a record number of cruise passengers.

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Dorian LPG Invests in Three More Scrubbers

Dorian LPG vessel

Dorian LPG has invested in three more scrubbers, rising the total of the units under contract to ten.

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