All Rates articles – Page 18
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Six shipping lines raided in South Africa
September 29 - South Africa's Competition Commission has conducted a search and seizure operation at the premises of six cargo shipping companies operating in the Western Cape and Kwazulu-Natal provinces.
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Seaforth prototype ready for action
September 22 - Ballast Water Containers (BWC), a company set up by Glasgow based Malin Group, has recently begun trials with its Seaforth containerised ballast water treatment system (BWTS).
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Rickmers releases half-year report
August 31 - The Rickmers Group has issued its 2016 half-year report, which confirms consolidated revenues of EUR249.3 million (USD277.6 million) - a 13.9 percent decrease compared with the same period of 2015.
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Profits tumble at Boskalis
August 19 - Royal Boskalis Westminster (Boskalis) realised a net profit of EUR147.5 million in the first half of 2016, less than half of the EUR 306.5 million it achieved in the corresponding period of 2015, with the spot market in its Offshore Energy dep
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Maersk Group profit tumbles
August 12 - Maersk Group recorded a profit of USD118 million in the second quarter of 2016, down from USD1.1 billion in the same period of 2015.
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Rickmers continues to weather market storm
August 12 - Rickmers Group recorded consolidated revenues of EUR249.3 million (USD277.9 million) in the first half of 2016 - a 13.9 percent decrease compared with the same period of 2015.
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'Disappointing' start for Hapag-Lloyd
August 10 - Subdued economic growth in many parts of the world, persistently tough competition in the liner shipping industry and further declines in freight rates have marked the first half of the 2016 business year for German shipping company Hapag-Lloy
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Ups and downs for Agility
August 8 - Despite a drop in revenue, Agility posted a net profit of KWD15 million (USD49.7 million) in the second quarter of 2016 - an 11 percent increase compared with the same period of 2015.
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Benin port ups lifting capacity
July 14 - APM Terminals Cotonou (Coman) has added two new Liebherr mobile harbour cranes to its terminal at the Port of Cotonou in Benin.
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Ti report predicts 'further consolidation'
July 1 - Transport Intelligence's (Ti) new Global Freight Forwarding 2016 report suggests that while the market is estimated to have contracted by 1.6 percent in 2015, forwarders' revenues were not hit as hard as you might think.
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MPV sector improvement 'some way off'
June 29 - According to the latest Multipurpose Shipping Market Review and Forecaster report published by Drewry, the demand outlook for the multipurpose fleet has not improved since the first quarter of 2016.
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Demolish or consolidate, says Drewry
June 8 - In a webinar yesterday, Drewry analyst Susan Oatway suggested that the current overcapacity in the multipurpose shipping market can only be improved in the short term if operators of bulk carriers start scrapping some of their older ships.
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MACS adds South American options
June 2 - Through a connecting carrier arrangement with Seaboard Marine, MACS can now offer a new service option between Europe, the west coast of South America and Jamaica.
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Rickmers Group sees first quarter slide
May 13 - Rickmers Group generated revenues of EUR129.3 million (USD146.74 million) during the first quarter of 2016 - a decline of 7.1 percent year-on-year in comparison with the same period of 2015.
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Hapag-Lloyd battles through 'seasonally weak first quarter'
May 13 - Hapag-Lloyd reported a fall in revenues during the first quarter of 2016, due in part to a significant drop in average freight rates.
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Users hail CombiMAX reliability
May 11 - According to Belgian trailer manufacturer Faymonville, its CombiMAX trailer has been extremely well received by the heavy transportation industry, delivering flexibility, speed and efficiency for its users.
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Boskalis results 'as expected'
May 10 - Royal Boskalis Westminster (Boskalis) closed the first quarter of 2016 in line with expectations, with EBITDA margins down compared with the same period of 2015 and the order book showing slight year-on-year increases.
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Houston calling for Damen
May 3 - Damen Shipyards Group has a new branch office in Houston, Texas, operating as Damen North America and representing the Damen Shipyards Newbuild, and Damen Shiprepair & Conversion businesses across North America and Canada.
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'Difficult times' for Grieg Star
April 19 - Grieg Star states that its open hatch shipping business delivered better results than expected in 2015, posting a loss of USD7 million.
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Another two years of misery, says Drewry
April 14 - Drewry predicts that the multipurpose shipping market is not expected to recover until the end of 2017, when it is anticipated that there will be more bulk demand for Handysize tonnage and therefore more breakbulk cargoes for multipurpose vesse