Profit
-
Port News
Besiktas makes swift profit on product tanker play
Turkish owner Besiktas appears to be eyeing what brokerage sources describe as an impressive asset play. The outfit is listed…
Read More » -
Maritime News
Edda Wind Closes Fleet Sale as Investment Funds Drive Sector Consolidation
Edda Wind, which had been launched as an early service provider dedicated to the emerging offshore wind sector, has officially…
Read More » -
Maritime News
Hapag Issues Difficult Outlook Saying War is Creating Unsustainable Burden
Hapag-Lloyd became the first of the major carriers to offer a glimpse into the impact the industry faces as the…
Read More » -
Maritime News
Western Bulk Returns to Profit
Oslo-listed dry bulk operator Western Bulk reported a marked earnings recovery in the second half of 2025, capitalizing on a broad-based…
Read More » -
Maritime News
Bahri Delivers Record $2.4 Billion Net Profit, $10.3 Billion Revenue in 2025
Bahri delivered Q4 2025 revenue of $3.26 billion, representing a 47% year-on-year increase and 33% quarter-on-quarter growth, supported by stronger…
Read More » -
Maritime News
Hapag-Lloyd Pledges to Address Costs as Nine-Month Profit Drops 50%
German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday…
Read More » -
Marine World
Venture Global Swings to Third-Quarter Profit on Record LNG Exports, New Supply Deals
Venture Global VG.N swung to a profit in the third quarter, it reported on Monday, as record liquefied natural gas exports and…
Read More » -
Maritime News
Enbridge Misses Q3 Profit Estimates on Higher Capital Costs
Enbridge missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending…
Read More » -
Maritime News
Great Lakes Dredge & Dock Q3: Profit Up, Revenue Slightly Miss
Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), the largest U.S. dredging contractor, reported third-quarter 2025 earnings that topped profit…
Read More » -
Maritime News
Damen Shipyards Group Reports Profit, Order Book in 2024 Report
Financially, 2024 was a positive year for Damen Shipyards Group. Revenue remained just above USD$3.47 billion (3 billion euros). Net…
Read More »