All Rates articles – Page 19
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Rickmers foresees tough 2016
March 15 - Rickmers Group posted revenues of EUR587 million (USD652 million) in 2015, a 7.6 percent rise compared with EUR545.4 million (USD605 million) in 2014.
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Boskalis weathers the storm
March 9 - While the company's revenue rose 2.3 percent year-on-year in 2015, Royal Boskalis Westminster achieved a net profit of EUR440 million (USD482 million), compared with EUR490 million (USD537 million) in 2014.
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POSH foresees 2016 challenges
February 19 - Offshore marine services provider PACC Offshore Services Holding (POSH) posted a 20 percent year-on-year increase in revenue for 2015 at USD280.8 million.
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2015 a 'good year' for DSV
February 10 - DSV record a net revenue of DKK12.6 billion (USD1.89 billion) in the fourth quarter of 2015, a slight increase compared with the DKK12.53 billion (USD1.88 billion) recorded in the fourth quarter of the previous year.
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Drewry: Container lines brace for losses in 2016
January 8 - The container shipping industry should brace for losses in 2016, according to the latest Container Forecaster report released by global shipping consultancy Drewry, which will have a negative knock-on effect on the heavy lift and multipurpose
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'Volatile' outlook for shipping
January 6 - International accountant and shipping adviser Moore Stephens expects the shipping industry to remain volatile and indispensable in 2016.
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Ocean Yield amends Höegh charters
December 30 - Ocean Yield has agreed to certain amendments to the agreements with Höegh Autoliners for four PCTC vessels on long-term charter.
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Breakbulk shipping improvement 'some way off'
December 21 - According to global shipping consultancy Drewry, although demand growth is expected to recover next year after a very poor 2015, and supply growth is likely to be minimal, competition from other sectors will maintain pressure on the breakbul
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SAL: 'Toughen up' in 2016
December 18 - Hamburg headquartered shipping line, SAL Heavy Lift, said 2015 turned out to be a tough year. Despite completing a raft of technical projects, the tumbling oil price led to a steep downturn in the global offshore industry.
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Fitch cuts outlook for shipping
December 11 - Credit ratings and research oufit, Fitch Ratings has revised its global shipping sector outlook for 2016 to negative from stable in 2015.
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Chinese tie-up approved
December 11 - A statement on China's State Council website suggests that the merger between China Ocean Shipping Group (Cosco) and China Shipping Group (CSCL) has been approved.
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AAL in Swire tie-up
December 7 - Effective December 14, AAL is entering a space sharing agreement with Swire Shipping that aims to further strengthen its breakbulk liner service between Asia and the East Coast of Australia.
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Rickmers-Linie in 'positive turnaround'
November 20 - Rickmers Group's heavy lift shipping subsidiary Rickmers-Linie recorded a 6.9 percent year-on-year drop in revenue for the first nine months of 2015, but a positive increase in EBITDA (consolidated operating profit before interest, taxes, de
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Growth accelerates at K+N
October 14 - While Kuehne + Nagel's (K+N) net turnover and gross profit slightly decreased year-on-year in the first nine months of 2015, the company's operational result showed a 4.6 percent improvement.
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TT Club remains stable
October 8 - The TT Club has published its mid-year update for the January 1 - August 31, 2015 trading period, reporting USD116 million in gross premiums earned and total assets of USD492.8 million.
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ACS: Asian demand surges
September 30 - Air Charter Service (ACS) says that its offices in Hong Kong and Beijing have reported considerable year-on-year growth rates.
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Shipping confidence hits 2015 high
September 28 - Overall confidence levels in the shipping industry rose in the three months ended August 2015, according to the latest Shipping Confidence Survey by international accountant and shipping adviser Moore Stephens.
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'Steady growth' for Agility
August 14 - Agility has posted a net profit of KWD13.5 million (USD44.6 million) for the second quarter of 2015 - a 5 percent increase compared with the second quarter of 2014.
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Volatile claims shake shipping industry
July 31 - The shipping industry faces a particularly challenging time punctuated by unpredictable markets and continuing marine claims volatility.
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TTS Group sees Q1 improvements
May 15 - TTS Group posted an operating profit (EBITDA) of NOK600,000 (USD80,500) in the first quarter of 2015, compared with a loss of NOK38.4 million (USD5.1 million) in the same period of 2014.