Earnings
-
Port News
How the Houthis fired liner earnings to extraordinary highs
No shipping sector has profited more this year from the ongoing Red Sea crisis than the container industry. The Houthis…
Read More » -
Marine World
Western Sanctions Hit Earnings of Russia’s Tanker Giant Sovcomflot
Nov 15 (Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance,…
Read More » -
Maritime News
Hapag and Maersk Raise Outlook for 2024 as Volatile Market Fuels Profits
Despite increases in operating costs due to the Red Sea diversions, disruptions due to port strikes in the U.S.,…
Read More » -
Marine World
Hapag-Lloyd Joins Maersk with Major Earnings Upgrade as Red Sea Chaos Reshapes Shipping
Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings…
Read More » -
Marine World
ZIM Stock Surges on Earnings Beat, Upgraded Guidance
Israeli container shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated results for the three and six…
Read More » -
Port News
Exuberant dry bulk market sees asset prices streak ahead of earnings
Tight shipyard capacity and the fear of missing out are driving values well beyond the likelihood that outlay can be…
Read More » -
Maritime News
Maersk Shopping Spree Continues Following Strong Earnings
Maersk bought two e-commerce companies on Friday and said more acquisitions were coming soon as the world’s biggest container shipping…
Read More » -
Maritime News
CMA CGM Earnings Jump as Shipping Rush Continues
CMA CGM, one of the world’s largest container shipping groups, on Friday posted a jump in first-quarter earnings and said…
Read More » -
Maritime News
Hapag-Lloyd upgrades earnings forecast amid strong market demand
German container shipping company Hapag-Lloyd has raised its earnings forecast amid better than expected […] The post Hapag-Lloyd upgrades earnings…
Read More » -
Marine World
Hapag-Lloyd Raises 2020 Earnings Forecast
German container shipping group Hapag-Lloyd has raised its earnings forecast on a better-than-expected fourth quarter. The company said it now…
Read More »