Shipping Market

STX Europe announces 2Q 2010 Interim Report

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Friday, 03 September 2010 13:10

STX Europe reported an EBITDA of NOK 205 million for the second quarter of 2010 which is an increase from NOK 75 million in the second quarter 2009.

Read more: STX Europe announces 2Q 2010 Interim Report

 

CMA CGM Group: first-half 2010 results

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Thursday, 02 September 2010 09:25

The Board of Directors of France-based CMA CGM, the world’s third largest container shipping Group, met under the chairmanship of Jacques R. Saadé to review the financial statements

Read more: CMA CGM Group: first-half 2010 results

 

Zim posts first operational income since the economic crisis

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Friday, 27 August 2010 12:34

For Q2/2010, Zim’s revenues increased by 72% compared to the Q2 of 2009 to $933 million, generating an operating income of $46 million, EBITDA of $87 million, and net income of $3 million.

Read more: Zim posts first operational income since the economic crisis

   

Maersk Line re-announces general rate increases in Trans-Atlantic trades

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Friday, 27 August 2010 10:04

As part of the rate restoration program announced at the end of 2009 on the Atlantic Trades, Maersk Line would like to confirm the implementation of the General Rate Increases for Q4,

Read more: Maersk Line re-announces general rate increases in Trans-Atlantic trades

 

Boskalis posts strong result amid challenging market conditions

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Friday, 20 August 2010 09:31

Royal Boskalis Westminster N.V. realized a net profit of € 123.9 million in the first half of 2010, up from € 102.7 million in the first half of 2009.

Read more: Boskalis posts strong result amid challenging market conditions

   

Maersk back into $2.5bn profit

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Wednesday, 18 August 2010 10:02

Revenue for the period increased by 20%, primarily as a result of higher freight rates and volumes for the Group’s container shipping activities as well as higher oil prices.

Read more: Maersk back into $2.5bn profit

 

STX Pan Ocean: "disaster" if all newbuildings delivered

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Tuesday, 17 August 2010 13:36

“It can be a disaster in the shipping business if the whole newbuilding orders will actually be delivered in time,” said the company in its bourse announcement

Read more: STX Pan Ocean: "disaster" if all newbuildings delivered

   

Maersk: Upward adjustment of expectations for 2010

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Saturday, 14 August 2010 09:24

In the Interim Management Statement on 12 May 2010, A.P. Møller - Mærsk A/S announced that a profit for 2010 was expected – an improvement compared to the previous expectations

Read more: Maersk: Upward adjustment of expectations for 2010

 

Agility launches new Melbourne-Tasmania shipping service

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Wednesday, 28 July 2010 12:57

Agility, a leading global logistics provider, has announced that it will commence operating an Australian domestic shipping service between Melbourne, Victoria and Bell Bay, Tasmania in

Read more: Agility launches new Melbourne-Tasmania shipping service

   

NSCSA financial results for the 6 months ended 30th June 2010

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Wednesday, 21 July 2010 11:27

Mr. Humoud A. Al-Ajlan, Chief Executive Officer of The National Shipping Company of Saudi Arabia (NSCSA) announces NSCSA 6-months financial results ending 30th June 2010.

Read more: NSCSA financial results for the 6 months ended 30th June 2010

 

DSME enters South African shipping business

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Thursday, 15 July 2010 09:08

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), one of the leading shipbuilders in the nation, is to enter into the shipping business in South Africa. According to DSME

Read more: DSME enters South African shipping business

   

Recovery of maritime market in Far East and Singapore

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Wednesday, 14 July 2010 12:35

Imtech (technical services provider in Europe and on the global maritime market) is observing a recovery of the technological maritime market in the Far East and Singapore.

Read more: Recovery of maritime market in Far East and Singapore

 

OOCL announces rate increases on Southeast Asia-Australia services

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Friday, 09 July 2010 13:32

To ensure the continued provision of high quality services and sufficient capacity to cater for our customer requirements, OOCL is implementing the next phase of our revenue

Read more: OOCL announces rate increases on Southeast Asia-Australia services

   

Eitzen Maritime Services divests ship management activities

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Monday, 05 July 2010 10:53

Eitzen Maritime Services ASA announced that the Company has entered into an agreement to divest its ship management activities. The sale enables EMS to focus mainly on its ship supply business,

Read more: Eitzen Maritime Services divests ship management activities

 

Transpacific container market shows robust gains

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Tuesday, 29 June 2010 13:26

First quarter cargo demand from Asia to the U.S. caught both container lines and their customers off guard, but carriers say they are now adjusting to what appears to be modest but

Read more: Transpacific container market shows robust gains

   

BOURBON sells 16 Supramax Bulk carriers

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Saturday, 26 June 2010 10:01

BOURBON announces that its subsidiary Setaf SA has signed a US$ 545 sale agreement for 16 bulk carriers with US group Genco Shipping and Trading Ltd.

Read more: BOURBON sells 16 Supramax Bulk carriers

 

Sovcomflot: 1Q 2010 Results

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Saturday, 19 June 2010 21:59

SCF Sovcomflot's Executive Board recently announced results for the Quarter ended 31 March 2010. 1Q 2010 Results Highlights:

Read more: Sovcomflot: 1Q 2010 Results

   

Camillo Eitzen sells Eitzen Bulk stake

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Tuesday, 15 June 2010 12:09

Camillo Eitzen & Co ASA (CECO) has on 15 June 2010 entered into an agreement with Navieras Ultragas Ltda. regarding the sale of its 74.33% shareholding in Eitzen Bulk Shipping A/S

Read more: Camillo Eitzen sells Eitzen Bulk stake

 

Zim announces Peak Season Surcharge

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Monday, 07 June 2010 12:34

ZIM would like to inform that a Peak Season Surcharge (PSS) of $175 per 20' and $350 per 40 ' will be implemented as from July 1st 2010 (Loading date) in the following trades:

 

Read more: Zim announces Peak Season Surcharge

   

OOCL announces rate increases on Asia-New Zealand services

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Monday, 07 June 2010 09:17

To ensure the continued provision of high quality services and sufficient capacity to cater for the customer requirements, OOCL is implementing the next phase of its

Read more: OOCL announces rate increases on Asia-New Zealand services

 

Maersk Line re-announces general rate increases in trans-Atlantic trades

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Friday, 28 May 2010 09:14

As part of the rate restoration program announced end of 2009 on the Atlantic Trades, Maersk Line would like to re-announce implementation of General Rate Increases for

Read more: Maersk Line re-announces general rate increases in trans-Atlantic trades

   

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