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| Results: « Previous 1 2 ... 7837 7838 7839 7840 7841 7842 7843 ... 12567 12568 Next » |
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| Friday, 18 March 2016 |
| Tankers: Supply glut to drag down crude tanker rates in 2016, says Bimco |
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| Global freight rates for dirty tankers are expected to come under downward pressure this year due to a fresh influx of supply, while Iran’s return to global trade remains slow and halting, the chief shipping analyst at the Baltic and International Maritime Council or Bimco, Peter Sand, said Thursday. Before the downtrend sets in, owners ...... |
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| Friday, 18 March 2016 |
| Import / export container trade results satisfactory in tough market conditions: Maersk Trade Report results |
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| Although South African container trade started off with a bang in 2015, with the market growing by 7% during the first half of the year (year on year), the second half of 2015 saw a significant slowdown, recording a 1% decline. This is according to the fourth quarter Maersk Trade Report which reveals that during ...... |
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| Friday, 18 March 2016 |
| Liner service reliability falls to 12-month low |
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| Liner schedule reliability fell to its worst level in 12 months in February when the average on-time performance slipped by 7 percentage points to 62.7%, according to Carrier Performance Insight (http://cpi.drewry.co.uk), the online schedule reliability tool provided by Drewry Supply Chain Advisors. The on-time average has now fallen in each of the previous five months ...... |
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| Friday, 18 March 2016 |
| DP World Announces Strong Financial Results |
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| EPS grows 31% in 2015 driven by EZW acquisition and robust like-for-like growth Global trade enabler DP World today announces strong financial results from its global portfolio for the twelve months ended 31 December 2015. Revenue grew 16.3% and adjusted EBITDA increased 21.4%, delivering profit attributable to owners of the Company, before separately disclosed items1 ...... |
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| Friday, 18 March 2016 |
| Islamic Republic of Iran Shipping Lines IRISL resumes its container liner service to Northern Europe |
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| With the call by the Azargoun in Hamburg on 17th March 2016, IRISL – Islamic Republic of Iran Shipping Lines – is reopening its regular liner service European Container Line (ECL) between Northern Europe and ports in the Persian Gulf following its closure in mid-2010 on account of sanctions. The new service will be operating ...... |
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| Friday, 18 March 2016 |
| Asia Fuel Oil-Cash premiums and time spreads rise amid sustained buying |
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| Cash differentials and time spreads for 380cst fuel oil in Singapore bounced back on Thursday amid persistent buying interest in the physical market, traders said. April-May time spreads rebounded the most, strengthening to $1.75 a tonne below Singapore quotes from Wednesday’s discount of $3.25 a tonne. Spreads were supported by a return of liquidity to ...... |
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| Friday, 18 March 2016 |
| West African coast: CMA CGM accelerates its expansion and strengthens West African services to Europe, Asia, Middle East and India |
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| CMA CGM, a leading worldwide shipping Group, is pleased to announce a new step in its development strategy to the West African coast. Major Group’s services, linking the West African coast to its major economic partners of Europe, Asia, Middle East and India have been upgraded offering the Group’s clients optimum coverage, a new fleet, ...... |
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| Friday, 18 March 2016 |
| UK Budget 2016 provides surprises for shipping and radical measures for offshore maritime sector |
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| Accountant and shipping adviser Moore Stephens says the UK Budget 2016 contains a number of surprise developments which are likely to be of interest to the shipping sector, as well as a radical set of measures which it is hoped will assist the offshore maritime oil and gas sector. The Government announced a further reduction ...... |
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| Friday, 18 March 2016 |
| Wärtsilä and CSSC to establish new electrical & automation joint venture in China |
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| Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent to establish a new joint venture company. The new joint venture will focus on China’s growing market for electrical & automation (E&A) solutions for marine applications. The Letter of Intent was signed by Wärtsilä CEO Jaakko Eskola and Mr Wu Qiang, President ...... |
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| Friday, 18 March 2016 |
| Daewoo Shipbuilding axes Deloitte Anjin |
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| Daewoo Shipbuilding & Marine Engineering (DSME) will not renew its audit contract with Deloitte Anjin, headed by CEO Ham Jong-ho, this year as the struggling shipbuilder seeks to put last year’s accounting fiasco behind and start again with a new auditor. The state-run Korea Development Bank (KDB), which holds a controlling stake in DSME, has ...... |
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