Earnings
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Marine World
Maersk Raises Guidance Ahead of Earnings Release
Copenhagen-based Maersk expects Ebitda before restructuring and integration costs this year to be in a range of $8 billion to…
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Maritime News
Maersk Raises Full-year Earnings Guidance
Shipping group Maersk has raised its full-year earnings forecast, it said on Tuesday, citing increased momentum in fourth-quarter in global…
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Maritime News
Hapag-Lloyd Expects Higher Earnings for 2020
German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices cut shipping costs,…
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Marine World
Hapag-Lloyd Sees Higher Earnings on Cheaper Fuel and Recovering Demand
“Oil prices have fallen sharply in the coronavirus crisis, that has given us tailwind, especially in the weak second quarter,”…
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Port News
Disparity in earnings on transpacific and Asia-Europe hits historic highs
In arguably the strangest, most difficult to predict period in the 64-year history of containerisation, the disparity in rates on…
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Marine World
Supertanker Earnings Go from Boom to Bust as Demand Wavers
The tankers, which can haul 2 million barrels of oil across the world’s oceans, are now earning just $6,103 a…
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Maritime News
Frontline’s Earnings Surge on Demand for Oil Storage
Oil tanker group Frontline reported a big jump in second-quarter earnings on Thursday as energy traders paid to store crude…
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Maritime News
NC Ports Reports Year-on-Year Volume Growth, Record Earnings
Despite the COVID-19 pandemic, the North Carolina State Ports Authority recorded year-over-year increases in traffic at the ports of Wilmington…
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Maritime News
Moody’s Downgrades its Outlook for Shipping
The ratings agency Moody's has downgraded its forecast for the deep-sea shipping industry this year, and it now expects that…
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Maritime News
Moody’s Downgrades its Outlook for Shipping
The ratings agency Moody's has downgraded its forecast for the deep-sea shipping industry this year, and it now expects that…
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