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Merger with CSAV a Home Run for Hapag-Lloyd

German container line Hapag-Lloyd has managed to shake off EUR 173.3 million loss recorded in the first half of ...

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Sinotrans Plunges into Red

Hong Kong-listed Sinotrans Shipping ended the first half of 2015 with USD 18.3 million net loss, as compared to USD ...

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Tallink Improves Quarterly Profit by 368 Pct

Estonian ferry operator AS Tallink Grupp reported EUR 28.5 million net profit for the second quarter of 2015, a ...

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Tankers Help SCI Triple Its Quarterly Profit

The Shipping Corporation of India (SCI) has more than tripled its net profit for the quarter ended June 30 due to ...

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Torm Bullish after Almost Seeing Black

Recently restructured Danish tanker and dry bulk ship owner and operator Torm has raised its profit forecast for ...

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Euroseas Still in the Hole

Greek owner and operator of dry bulk and container ships Euroseas Ltd. reported USD 3.3 million net loss ...

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OSG Shakes off Losses

NYSE-listed tanker owner and operator Overseas Shipholding Group (OSG) ended the second quarter of 2015 with USD ...

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Adani Ports Posts Double Digit Profit Growth

Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest private port developer and part of ...

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Ocean Rig Buries DryShips

Athens-based DryShips Inc. recorded USD 1.44 billion net loss for the quarter ended June 30, 2015, largely due to ...

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GasLog Upbeat after Posting Better Quarterly Results

NYSE-listed owner and operator of gas carriers GasLog Ltd. reported USD 16.7 million profit for the quarter ended ...

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Teekay Surges to Profit

NYSE-listed Teekay Corporation reported USD 215.3 million net income for the quarter ended June 30, 2015, vastly ...

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MISC Doubles Quarterly Net Profit

Malaysia-based MISC Berhad, a shipping arm of Petronas, has more than doubled its net profit in the second quarter ...

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Genco Shipping Stays in Red

NYSE-listed dry bulk shipping company Genco Shipping & Trading Limited recorded USD 40.3 million net loss for ...

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Molasses Spill, Horizon Buy Take a Chunk of Matson's Profit

Honolulu-headquartered carrier Matson, Inc., reported net income of USD 9.9 million for the quarter ended June 30, ...

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Navigator Sails to Increased Profit

NYSE-listed gas shipping company Navigator Holdings has reported  revenue of USD 84.1 million for the three months ...

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Danaos Rakes In

Athens-based container ship owner Danaos Corporation reported USD 38 million net income for the quarter ended June ...

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TEN Ends Best Second Quarter in Years with a Bang

Athens-based owner and operator of tankers and LNG carriers Tsakos Energy Navigation (TEN) has wrapped up its best ...

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Royal Caribbean Profit Up on Strong Dollar, Cheaper Fuel

Miami-based cruise line Royal Caribbean Cruises Ltd. reported a 26% increase in second quarter earnings, saying it ...

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Cosco Slides to Loss

Singapore-based Cosco Corporation Limited, an investment holding company engaged in ship building, marine ...

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Safe Bulkers Sinks Further into Red

Monaco-based dry bulk specialist Safe Bulkers reported USD 4.4 million net loss for the second quarter of 2015, ...

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Finnlines Boosts Profit in Second Quarter

Finnish ro/ro and ro/pax ferry operator Finnlines Group recorded EUR 15.8 million net profit for the quarter ended ...

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