At a meeting of the Mitsubishi Heavy Industries, Ltd. (MHI) Board of Directors held, a resolution was made to submit a proposal concerning distribution of dividends
The London P&I Club’s result for the 2012/2013 financial year was a surplus across all classes of $9.4 million, increasing the free reserve to $154 million.
Clean tanker rates for refined petroleum products on top export routes soften with build up of ships pressurizing the transatlantic market.
Rates for medium-range (MR) tankers for 37,
Satellite service provider Intelsat S.A. announced that its subsidiary, Intelsat Jackson Holdings S.A., received the requisite consents to amend certain terms of the indenture governing its 8.
Interim financial results for Q1 2013 show a strong start to 2013 by Maersk Drilling.
With an increase in profit to USD 146 million in the first quarter of 2013
Greece's Paragon Shipping Inc. obtains a $69-million credit facility with China Development Bank to partially finance its two 4,800 TEU containerships currently under construction.
The company reports its earlier loss significantly reduced in first quarter 2013 financial results.
Freight rate up 4.2% year on year
Jiangsu Province’s Economic and Information Technology Commission reviews Q1 2013 province-wide shipyard finances.
The review of the shipbuilding industry’s
Steamship Mutual released interim financial results for the year ending February 20, 2013.
As with all international group clubs, underwriting performance for the year ended February 20,
Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced
2012 was a challenging year for the Dutch shipbuilding industry. In general, the industry was able to achieve relatively good results. The various shipbuilding
Royal Caribbean announced that Brian Rice, Vice Chairman and CFO of Royal Caribbean Cruises Ltd., will transition his CFO responsibilities to Jason Liberty as he
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the quarter ended March 31, 2013.
ITIC revealed how an invoicing error led to a shipbroker being asked to foot the bill for a bunker supply amounting to more than three-quarters of a million dollars.
Wilson Sons Limited announced its results for the First Quarter (1Q13).
The Company’s Net Income reached $19.5 million, primarily due to strong performances in the Towage,
Hamburg Süd’s performance in brief
Following the powerful recovery of the world economy in 2010 and a weaker 2011, global growth continued in the past financial year, albeit at a slower pace.
Freight rate up 4.2% year on year / Slight increase in transport volume / Revenue growth of 3.1% / Loss significantly reduced / Rates under pressure again since
The landing has been cushioned by a shift in orders from mainstream-type merchant ships towards specialised offshore segment support vessels.
According to the
US shipbuilder & repairer Conrad Industries, announces its first quarter 2013 results and backlog.
For the quarter ended March 31, 2013, Conrad achieved net income of $5.
Non-state company, Sino-Global, announces major decline in third quarter 2013 financial results, raises cash by share issue.
Sino-Global is a non-state-owned provider