Tag archives: results

CMA CGM releases third-quarter 2016 financial results

The Board of Directors of France’s CMA CGM Group, a leading worldwide container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to ...

Maersk Line reports a third quarter loss of USD 116 million

Maersk Line reported a third quarter (Q3) 2016 result that is USD 380 million lower than Q3 2015. The overriding reason for the loss is decline in freight rates compared ...

Sovcomflot reports H1 2016 results

On 23 August 2016, the Executive Board of PAO Sovcomflot (SCF Group), one of the world's leading shipping companies, reviewed the company’s financial and operating results for the ...

Stolt-Nielsen reports results for the second quarter of 2016

Stolt-Nielsen Limited reported unaudited results for the second quarter ended May 31, 2016. Net profit attributable to shareholders in the second quarter was $37.8 million, with revenue of $478 ...

Frontline reports results for the first quarter 2016

Frontline Ltd. has reported unaudited results for the three months ended March 31, 2016. Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS commented:

"We are very pleased to ...

London P&I Club reports increased free reserves

The London P&I Club’s result for the 2015/2016 financial year produced an overall operating surplus of $3.3m, lifting the free reserve to $160.7m.  This result ...

ULSTEIN Group result 2015

In 2015, Ulstein Group recorded revenues of NOK 2.3 billion and an operating loss of NOK -95 million. The business areas Design & Solutions and Power & Control both recorded profits ...

Maersk Line delivers breakeven result despite record low freight rates

Maersk Line’s first quarter (Q1) 2016 result was USD 37 million, 94.9% lower than Q1 2015 (USD 714m) due to weak demand and record low freight rates. The ...

Non-cash, one-time charges pull down ICTSI net income by 68%

International Container Terminal Services, Inc. (ICTSI) reported audited consolidated financial results for the year ended December 31, 2015 posting revenue from port operations of US$1.051 billion, one percent ...

d’AMICO approves FY 2015 results and records its best results since 2009

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, announces the approval of the 2015 full ...

Highly satisfying result from Maersk Tankers

Maersk Tankers emerges from 2015 with its best result in many years. Increasing rates and results from the Taking Lead Strategy mean that Maersk Tankers has achieved an underlying result ...

D’Amico Shipping posts strong results with US$ 44.9 mln net profit

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, discussed and approved the third quarter 2015 ...

Maersk Line reports a satisfactory first half-year 2015 result

Maersk Line reported a first half-year 2015 (H1) result that is USD 220 million higher than H1 2014. Maersk has achieved this due to lower costs.

Revenue in H1 was ...

ICTSI 1H 2015 net income down 1% to US$100.4 million

International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the first half of 2015, posting revenue from port operations of US$552.1million, an increase of ...

New performance lists Paris MoU

At its 48th meeting last month, the Paris MoU Committee approved the 2014 inspection results and adopted new performance lists for flags and Recognized Organizations. These lists will take effect ...

Sovcomflot releases Q1 2015 results

Commenting on the Group’s results Sergey Frank, President and CEO of Sovcomflot, said:

“Sovcomflot has made a very encouraging start to 2015, following five years of recession within the ...

CMA CGM continues to develop and delivers an increase in net profit

The Board of Directors of France's CMA CGM, one of the world's largest container shipping companies, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive ...

Good results for ULSTEIN

Ulstein Group achieved a good result for 2014 with an operating turnover of NOK 2.7 billion and an operating profit of NOK 184 million.

“We are pleased with last ...

Hyundai Heavy Industries releases consolidated 1Q15 results

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced the consolidated financial results for the first quarter of 2015.

The company’s sales declined 11.7 % quarter-on-quarter (QoQ ...

Very strong first quarter for port of Rotterdam

In the first quarter, goods throughput in Rotterdam was 7.2% up on the same period of last year. Dry bulk (particularly ores and coal) fell by 5.1%. Container ...

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