Profits
-
Maritime News
OSG: Jones Act Waiver is Only Increasing Oil Companies’ Profits
The Jones Act’s defenders and opponents continue to debate the outcome of the Trump administration’s sweeping 150-day waiver of America’s…
Read More » -
Maritime News
Maersk Increases Outlook to Strong Profits Based on Rate Surge and Volumes
Maersk, in a reversal of fortune, issued a strong upgrade for its 2026 outlook, increasing guidance to a solid profit…
Read More » -
Maritime News
Norwegian Cruise Line Projects Weak Profits
Norwegian Cruise Line Holdings forecast annual profit below Wall Street expectations, as demand for its higher‑priced voyages softened amid economic…
Read More » -
Port News
What Maersk’s return to the Red Sea means for carrier profits in 2026
News yesterday that Danish carrier Maersk is taking its first structural step back into the Red Sea has analysts voicing…
Read More » -
Marine World
Transport Costs Are Crushing Russia’s Coal Profits
In July 1989, coal miners in Russia’s Kuzbass Basin walked off the job in what would become one of the…
Read More » -
Marine World
Ørsted’s Cuts Jobs As Green Offshore Wind Profits Turn Red
Call it the quiet surrender. Ørsted, an oil giant that once had a market cap greater than BP, then pivoted…
Read More » -
Marine World
HSBC: USTR Port Fees Could Sink Chinese Carriers’ Profits
Chinese container shipping lines face severe financial impact when new U.S. Trade Representative port fees take effect on October 14,…
Read More » -
Marine World
Container Shipping Profits Plummet to $4.4 Billion in Q2 as US Tariffs Threaten Further Declines
The container shipping industry posted a net income of $4.4 billion for the second quarter of 2025, marking a significant…
Read More » -
Marine World
Spot Rate Slump Threatens to Sink Carrier Profits
Container spot freight rates on the main east-west deepsea trades witnessed more declines this week, as a combination of weak…
Read More » -
Port News
Historic surge on the transpacific buoys liner profits
Drewry’s weekly World Container Index (WCI) increased 41% to $3,527 per feu yesterday, the second highest leap dollars-wise since the…
Read More »