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Iridium Communications

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Zim Swings Back to Red

Israeli container shipping company ZIM Integrated Shipping Services Ltd. has sunk to the red in the first quarter ...

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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 ...

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BW LPG Brings Aurora Stake to 19.5 Pct

Singapore’s gas carrier owner BW LPG has increased its stake in Oslo-listed Aurora LPG by acquiring an ...

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Teekay in a Refinancing Swoop as It Books Bigger Loss in Q1

Teekay Corporation has reported a widened loss for the first quarter of this year booking USD 48.8 million GAAP net ...

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Hanjin, HMM Bleed Red in Q1

South Korean financially-troubled container shipping companies Hanjin Shipping and Hyundai Merchant Marine (HMM) ...

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Pan Ocean’s Q1 Earnings Down 40 Pct

Freshly restructured South Korean dry bulk shipping company Pan Ocean posted an almost 40 percent drop in earnings ...

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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 ...

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Fincantieri’s Performance Bounces Back in Q1

Italian shipbuilding major Fincantieri has marked a turning point in the first quarter of 2016, returning to the ...

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Promising Year Start for DFDS

Danish shipping and logistics company DFDS has raised its outlook for 2016 having beaten previous expectations for ...

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Gener8 Maritime Earns Almost Double in Q1 amid Fleet Growth

US-based Gener8 Maritime almost doubled its earnings in the first three months of this year when compared to the ...

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NAT Upbeat on Q2 after Good Start

Nordic American Tankers (NAT) wrapped up the first quarter of 2016 with an operating cash flow of USD 55.9 million. ...

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DSME Misses Its Q1 Forecast

South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) managed to turnaround its net ...

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Royal Caribbean’s Q1 Profit Beats Forecast

New York-listed cruise line company Royal Caribbean Cruises reported adjusted first quarter earnings worth USD 124 ...

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SHI’s Q1 Net Profit Climbs 45.9 Pct

Korea-listed Samsung Heavy Industries (SHI) booked a net profit of KRW 15.9 billion (USD 13.9 million) in the first ...

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Euronav Sees Strong Q1 Profit

Robust tanker demand has propelled Euronav’s financial results for the first quarter of 2016 to a net ...

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Milaha’s Profit Edges Down in Q1

The start of 2016 proved to be somewhat more challenging than expected for Qatar Navigation (Milaha) which booked a ...

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HHI’s Orderbook Hit Hard in Q1

South Korean shipbuilding major Hyundai Heavy Industries Co. (HHI) saw a 42.2 % fall in new orders for the first ...

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Newbuilding Orderbook Takes a Nosedive in Q1

The first quarter of 2016 was hit by a major decline in ordering newbuilds with only 77 new ships ordered by the ...

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Stolt-Nielsen Off to a Good Start in Q1

Oslo-listed Stolt-Nielsen Limited today reported USD 30.4 million in net profit for the first quarter ended ...

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Following Seas Reap Strong Q1 Results for CMA CGM

The first quarter of 2014 for France’s CMA CGM, the world’s third largest container shipping company, was ...

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Congestion, Delays and Bad Weather Affect ...

The time-charter results are in line with the last quarter, according to Odfjell’s first quarter results for ...

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