Iridium Can Be the Backbone of Digital Ships

Iridium Communications

Iridium reveals more on the GMDSS terminal and plans in the maritime sector.

Philippine Ports Earn More amid Traffic Hike

The Philippine Ports Authority (PPA) posted a significant hike in its net income for the first four months of the ...

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Added Capacity Pushes Costamare Further into Black

Added Capacity Pushes Costamare Further into Black

Athens-based ocean container carrier Costamare ended 2014 with USD 115.1 million net income, USD 13 million more ...

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Dorian Expects Strong LPG Demand to Continue

Dorian Expects Strong LPG Demand to Continue

NYSE-listed owner and operator of Very Large Gas Carriers (VLGC) Dorian LPG reported USD 16.4 million net income ...

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OOCL Compensates Lower TEU Revenue with Volume

OOCL Compensates Lower TEU Revenue with Volume

Hong Kong-headquartered ocean carrier Oriental Overseas Container Lines (OOCL) handled 5,585,516 TEUs in 2014, an ...

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Samsung Heavy’s Profit Plunges

South Korean shipbuilder Samsung Heavy Industries (SHI) saw its revenue plummet in 2014, reaching KRW 12.8 ...

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Port Everglades Marks Record Revenue

Port Everglades Marks Record Revenue

Passenger moves at South Florida’s Port Everglades topped 4 million in 2014, with a record number of 3.88 ...

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Maersk Satisfied with Results

Danish shipping giant Maersk Line delivered a profit of USD 685m, improving by USD 131m compared to Q3 2013, ...

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K-Line Beats Forecast

Japanese transportation company Kawasaki Kisen Kaisha, Ltd. (K-Line) reported a bigger income than forecast in ...

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Norwegian Cruise Line Going Strong

Norwegian Cruise Line reported strong performance for the quarter ended September 30, 2014 posting 13.7% revenue ...

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APM Terminals Records Profit Bump

APM Terminals Records Profit Bump

APM Terminals delivered an increased profit of USD 223m (USD 179m 2Q 2013) and a return on invested capital of ...

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1H Results Promising for ICTSI

1H Results Promising for ICTSI

Philippines-based International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial ...

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Ardmore’s Fleet Additions Reap Higher Charter Revenue

Ardmore Shipping, the Ireland-based product and chemical tanker company, posted a $5m increase in time charter ...

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Europe and EU Shipping: ‘A Two-Way Street’

On the eve of its Board of Directors meeting, which took place yesterday, ECSA organised a lunch in the European ...

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Malaysia: MISC Reports Decrease in Q2 Revenue

MISC announced its financial results for the second quarter ended 30 June 2013. Group revenue for the quarter ended ...

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Shipyard ‘Ukraine’ Reports High Revenue ...

In 2012 Shipyard “Ukraine” of Odessa Commercial Sea Port obtained 17 million UAH (USD approx. 2 million)  revenue ...

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Singapore: FSLTM Records Revenue Decrease in 3QFY12

FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust announced the financial ...

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Germany: Hapag-Lloyd Increases Revenue in Q1 2012

Germany - Hapag-Lloyd Increases Revenue in Q1 2012

Revenue up 8% at EUR 1.6 billion / Transport volume up 11% at over 1.3 million TEU / Soaring bunker prices depress ...

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Denmark: Maersk Increases Revenue in 1H 2011 Due to ...

  Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. ...

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GE, EPA clash over river dredging

General Electric Co. and the U.S. Environmental Protection Agency laid out two very different strategies for the ...

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Trelleborg Offshore produces world’s largest bend ...

Trelleborg Offshore has completed design, manufacturing and testing of the world’s largest bend stiffener. To ...

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Oman drilling program commences

Oilex Ltd is pleased to advise that the Sarha-1 exploration well was spudded on 31 December 2007. The well is the ...

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