The Wire

Tidewater Posts Higher Earnings on Strong Revenue Growth
Tidewater's fiscal fourth-quarter earnings rose 38% as the offshore-service-vessels provider's revenue increased more than expected. Tidewater, a provider of marine services to the oil-and-gas industry, has seen its bottom line pressured by rising expenses, including high-priced fuel. The company also has been upgrading its fleet of vessels.
 21/5/2013
YGS Seals Deal with Eitzen For 9 Handysize Vessels Chinese-based Yangzhou Guoyu Shipbuilding Co., Ltd (YGS) has secured an order from Norwegian shipowner Axel C. Eitzen for the construction of up to nine handysize dry bulk carriers. 21/5/2013
COSCO Dalian to Build LNG Vessel for Chinese Owner
The Board of Directors of COSCO Corporation (Singapore) Limited today announced that COSCO (Dalian) Shipyard Co . Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over RMB500 million (approx $81.5 Mln) from a Chinese ship owner to build one 28,000 CBM LNG Vessel.
 21/5/2013
Prime Marine & Scorpio in Daehan newbuilding orders Korea's Daehan Shipbuilding, managed by compatriot giant shipbuilder, Daewoo Shipbuilding & Marine Engineering, has been assigned to build newbuilding LR2 product carriers for Scorpio Tankers. 21/5/2013
Pound Falls Toward 6-Week Low Versus Dollar as Inflation Slows The pound fell toward a six-week low against the dollar after a government report showed U.K. inflation slowed more in April than economists forecast. 21/5/2013
Diana Containerships in $50m loan deal; $40m share sale planned
Diana Containerships reported a net loss of $31.8 million for the first quarter of 2013, compared to net income of $1.9 million for the same period of 2012, as a result of a non-cash impairment loss of $32.6 million recorded during the quarter for the vessels Maersk Madrid, Maersk Malacca and Maersk Merlion, without which the result for the first quarter of 2013 would be a profit of $0.8 million, while the earnings per share, basic and diluted, would be $0.03 for the quarter.
 21/5/2013
Navios Holdings: Strategic partnership with HSH Nordbank & major Japanese owner; strong Q1 results; Acquisition of 4 Panamax vessels


Navios Holdings reported financial results for the quarter ended March 31, 2013. Angeliki Frangou, Chairman and Chief Executive Officer of Navios Holdings, stated, "We are pleased with our results for the first quarter of 2013. We reported $38.5 million of EBITDA. We continue to maintain our operating discipline, with moderate leverage of 42%, while focusing on shareholder value by returning capital through dividend payments. We declared a $0.06 dividend for Q1 2013 to shareholders of record on June 18, 2013."

21/5/2013
A.M. Nomikos buys $20.1 mln bulker - brokers

A.M. Nomikos of Greece has acquired bulk carrier TANGO QUEEN (dwt 55,649 blt 2007 Japan) at the price of USD 20.1 million, according to broker reports.
 21/5/2013
Shanghai International Port Group's container April volume up 3.9 pct China's largest port operator, Shanghai International Port Group (SIPG), posted a 3.9 per cent year-on-year increase in April container volume to 2.83 million TEU with overall tonnage rising 6.2 per cent to 45.66 million tonnes, reports Xinhua. 21/5/2013
Kingfish cancels order for 11 tankers at OSX Acu Kingfish Trading has cancelled an order for 11 medium-range, 45,000 DWT tankers that were be constructed at OSX Brasil’s Açu shipyard, OSX said in statement. 21/5/2013

Page 3 of 1000First   Previous   1  2  [3]  4  5  6  7  8  9  10  Next   Last   





Market Reports

Search

Enter Keyword
Filter by Category
 


News

Markets

Opinion
The Wire Shipbuilding Shipping News Commodities Market Reports Analysis
Dry Cargo Ports Containers -Oil Currencies Interviews
Tankers Environment Finance & Economy -Metals Dry
Gas Insurance -Food Wet


Terms of Use