Carnival Corp Lowers Full Year Earnings Expectation

Carnival cruise ship

The company is reducing full year guidance due to a recent spike in fuel prices caused by geopolitical events.

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DryShips: Scrubbers, BWTSs Installed Onboard 7 Vessels


DryShips completes the dry-docking and installation of BWTSs and scrubbers on seven of its vessels.

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Ernst Russ Expands in Shipping Segment, Reports H1 Loss

Ernst Russ

Despite posting first-half losses, Ernst Russ closed H1 2019 with a significant expansion in the shipping segment.

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d'Amico Widens Loss, Maintains 'Very Positive' Outlook

d'Amico International Shipping

Tanker markets suffered from prolonged refinery maintenances during the period.

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Short Sea, US Lines Drive CMA CGM's Volumes Up

CMA CGM containership

CMA CGM sees strong growth in volumes, despite an uncertain worldwide geopolitical environment.

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Challenging Markets Still Hurt MPC Container Ships' Earnings


Challenging shipping markets continue to affect earnings of MPC Container Ships.

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Golar LNG Fixes New Charters, Secures USD 180 Mn Loan

Golar Bear

Subject to market conditions, Golar LNG intends to complete the spin-off of its TFDE fleet by the end of 2019.

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Awilco Looks to Recover Costs Related to WilForce Collision


Awilco has a substantial claim towards the ship responsible for the collision and expects to collect same in due course.

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COSCO Shipping Ports' Container Volumes Keep Rising


Despite the ongoing trade war between China and the US, COSCO Shipping Ports sees throughput rise.

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Sovcomflot Returns to Profit amid Improved Market Conditions

LNG carrier Christophe de Margerie

The company is cautiously optimistic about the results for the second half of the year and prospects for 2020.

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Teekay Shuttle Tankers Reports Profitable H1 Results

shuttle tanker

Teekay Shuttle Tankers wrapped up the first half of this year with a profit.

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Klaveness Combination Carriers Suffers Loss in Q2

combination carrier

Klaveness Combination Carriers (KCC) ended the second quarter of this year with a net loss.

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Frontline's Front Altair to Return to Service in 4th Quarter

Damaged crude oil tanker Front Altair

The ship would return to service once it completes repairs, currently ongoing in Dubai.

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OOIL Swings Back to Profit in H1


OOIL, parent company of OOCL, managed to return to profit in the first half of 2019.

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DP World's Profit Surges in Uncertain Trade Environment

DP World

Profit for the period increased to USD 753 million, representing a growth of 26.8% on a reported basis.

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Seasonal Variations Push Höegh LNG into the Red

Hoegh Grace

The company's net loss was at USD 3.6 million, against a profit of USD 4.5 million reported in the previous quarter.

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ZIM Returns to Black in 2nd Quarter

ZIM containership

Recovering freight rates saw a partial decrease in H1 2019, while bunker prices remained highly volatile.

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Flex LNG Reports Loss but Expects Improvement

Flex LNG

Due to the weaker LNG shipping market, Flex LNG closed the first half of this year with a net loss.

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Better Spot Rates Help Odfjell Shrink Loss

Next quarter is expected to be slightly affected by the seasonal slowdown in the chemical tanker market.

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Golden Ocean Sinks Deeper into the Red


The company recorded a net loss of USD 33.1 million during the second quarter of 2019.

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TORM Agrees Sale and Leaseback for Six Tankers


Danish tanker shipping company TORM enters into six new sale and leaseback transactions.

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