All Rates articles – Page 19

  • News

    Rickmers foresees tough 2016

    2016-03-15T00:00:00Z

    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.

  • News

    Boskalis weathers the storm

    2016-03-09T00:00:00Z

    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.

  • News

    POSH foresees 2016 challenges

    2016-02-19T00:00:00Z

    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.

  • News

    2015 a 'good year' for DSV

    2016-02-10T00:00:00Z

    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.

  • News

    Drewry: Container lines brace for losses in 2016

    2016-01-08T00:00:00Z

    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

  • News

    'Volatile' outlook for shipping

    2016-01-06T00:00:00Z

    January 6 - International accountant and shipping adviser Moore Stephens expects the shipping industry to remain volatile and indispensable in 2016.

  • News

    Ocean Yield amends Höegh charters

    2015-12-30T00:00:00Z

    December 30 - Ocean Yield has agreed to certain amendments to the agreements with Höegh Autoliners for four PCTC vessels on long-term charter.

  • News

    Breakbulk shipping improvement 'some way off'

    2015-12-21T00:00:00Z

    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

  • News

    SAL: 'Toughen up' in 2016

    2015-12-18T00:00:00Z

    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.

  • News

    Fitch cuts outlook for shipping

    2015-12-11T00:00:00Z

    December 11 - Credit ratings and research oufit, Fitch Ratings has revised its global shipping sector outlook for 2016 to negative from stable in 2015.

  • News

    Chinese tie-up approved

    2015-12-11T00:00:00Z

    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.

  • News

    AAL in Swire tie-up

    2015-12-07T00:00:00Z

    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.

  • News

    Rickmers-Linie in 'positive turnaround'

    2015-11-20T00:00:00Z

    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

  • News

    Growth accelerates at K+N

    2015-10-14T00:00:00Z

    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.

  • News

    TT Club remains stable

    2015-10-08T00:00:00Z

    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.

  • News

    ACS: Asian demand surges

    2015-09-30T00:00:00Z

    September 30 - Air Charter Service (ACS) says that its offices in Hong Kong and Beijing have reported considerable year-on-year growth rates.

  • News

    Shipping confidence hits 2015 high

    2015-09-28T00:00:00Z

    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.

  • News

    'Steady growth' for Agility

    2015-08-14T00:00:00Z

    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.

  • News

    Volatile claims shake shipping industry

    2015-07-31T00:00:00Z

    July 31 - The shipping industry faces a particularly challenging time punctuated by unpredictable markets and continuing marine claims volatility.

  • News

    TTS Group sees Q1 improvements

    2015-05-15T00:00:00Z

    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.