Cyprus Stocks Hit New High On Cruise Buy
The Cyprus Stock Exchange extended its gains Nov. 2 with a 3.4 percent climb to a new all-time record, spurred by renewed demand for tourism stocks. Disclosures…
Bergesen Profits Expected To Be Lower
Pre-tax profits at Bergesen d.y. Group ASA, Norway's largest shipping company, are expected to more than halve to 322 million crowns in nine months to September 30, a Reuters poll showed last week.
Shipping Outperforming Offshore In October
Higher oil prices have helped the Oslo Stock Exchange's shipping index, which features maritime and offshore shares, to rise by 33.7 percent so far this year - outperforming…
Aker Maritime Sale Plans Halted
Aker Maritime ASA's parent company, Aker RGI, has halted plans announced earlier in the year to sell the company. Aker RGI, which holds 63 percent of Aker Maritime…
Happy Birthday, Vopak: Worlds Largest Chem Shipping Company Born
After years of courting, Pakhoed NV and Van Ommeren formally became the world's largest chemical shipping, tank storage and logistics group last Thursday with the…
Seafarers In Trouble Owe Debt Of Gratitude To Tiny Plastic Boats
When the cold September sea reached out her icy fingers to claim fisherman John Roberts, a plastic boat in a cozy British pub came to his rescue. Just as Roberts…
Maersk Sealand Commits To New Container Terminal
Maersk Inc. has committed to the building of a new state-of-the-art container terminal in the Port Of Los Angeles' Pier 400 facility. The Port of Los Angeles and Maersk Inc.
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