Scorpio Bulkers Adds Final Newbuilds, Cuts Loss
Monaco-based dry bulk shipping company Scorpio Bulkers has taken delivery of all of its newly constructed vessels ...
read more →Surge in Shipping Risk Coverage Widens NordLB's Loss
As a result of a huge increase in the risk provisioning for ship financing, German shipping bank Norddeutsche ...
read more →COSCO Shipping Holdings Books USD 1.4 Bn Loss
Shanghai-listed COSCO Shipping Holdings Co, a unit of China Cosco Shipping Corporation Limited (Cosco Shipping), ...
read more →NordLB to Lend a Helping Hand to Bremer Landesbank
German shipping bank Norddeutsche Landesbank Girozentrale (NORD/LB) plans to provide financial relief to its ...
read more →Seaspan Corp Bleeds Red
Challenging market conditions have pushed China’s Seaspan Corporation to a full-year loss of USD 139 million ...
read more →Euroseas Triples Its Full Year Loss
Athens-based shipping firm Euroseas has seen its net loss for the year ended December 31, 2016 widen to USD 45.9 ...
read more →Team Tankers Remains in Loss amid Weaker Rates
Due to the weaker rates seen in the third quarter of 2016, Bermuda-based chemical tanker owner and operator Team ...
read more →Shipping Woes to Push NYK Line's Loss to USD 1.9 Bn
Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) expects to see a record loss of JPY 195 ...
read more →BW LPG Plunges into Loss amid Depressed LPG Spot Rates
Oslo-listed BW LPG Limited has reported a loss of USD 55.6 million in the second quarter of 2016, representing a ...
read more →Hanjin Shipping Sees Red Ink amid Falling Freight Rates
South Korean shipping company Hanjin Shipping has been further hit by falling freight rates in the container ...
read more →DSME Plunges into Red with USD 1 Bn Loss
South Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) has returned to the red as it ...
read more →Sinotrans' First Half Loss Widens
As the global economy dragged forward in uncertainty and instability during the first half of 2016, the Hong ...
read more →Diana Shipping Delivers Wider Loss
As the activities in the dry bulk shipping industry remained slow, the Greek dry bulk ship owner Diana Shipping ...
read more →Safe Bulkers Books Bigger Loss in Q1
Dry bulk owner and operator Safe Bulkers sank further into the red during the first quarter of the year having ...
read more →Höegh LNG Partners Sinks to Loss in Q1
Höegh LNG Partners LP reported a net loss of USD 1 million for the first quarter of this year, a decrease of ...
read more →Zim Swings Back to Red
Israeli container shipping company ZIM Integrated Shipping Services Ltd. has sunk to the red in the first quarter ...
read more →CMA CGM Books USD 100 Mn Loss in Q1
French container shipping company CMA CGM reported a net loss of USD 100 million in the first quarter of 2016 in an ...
read more →Cancelled Newbuildings Widen Pioneer Marine's Loss
Oslo-listed shipowner and dry bulk transporter Pioneer Marine reported a net loss of USD 13.9 million for the first ...
read more →Hapag-Lloyd Sinks to USD 48 Mn Loss
German shipping major Hapag-Lloyd has reported a net loss of EUR 42.8 million (USD 48.5 million) for the first ...
read more →NOL Books USD 105Mn Net Loss amid Market Overcapacity
Singapore-based Neptune Orient Lines (NOL) Group today reported a net loss after tax of USD 105 million for the ...
read more →Norden Swings to Q1 Loss amid Dry Cargo Woes
Miserable conditions in the dry bulk market have pushed Danish shipping company Dampskibsselskabet NORDEN A/S ...
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