Hapag-Lloyd delivers significantly higher operating result (EBIT)

Hapag-Lloyd delivers significantly higher operating result (EBIT)

Transport volume and freight rates up / Operating result (EBIT) of EUR 181 million and net profit of EUR 54 million in Q3 / Integration with UASC almost completed / First synergies from the merger visible Hapag-Lloyd …
Nov 15, 2017 /  Finance
Nakilat announces financial results for third quarter of 2017

Nakilat announces financial results for third quarter of 2017

Nakilat concluded its financial results for the nine-month period ended 30 September 2017, with a net profit of QR 607 million compared to QR 749 million of the same period last year in 2016. The lower profit was mainly …
Oct 23, 2017 /  Finance
Gulf Navigation posts 39% growth in the Net Profit in First Quarter of 2017 compared to the same period in 2016

Gulf Navigation posts 39% growth in the Net Profit in First Quarter of 2017 compared to the same period in 2016

Gulf Navigation Holding PJSC (DFM: GULFNAV), the Dubai-based shipping company, has reported a 39% growth in net profit at the end of the first quarter of 2017 compared to the same period in 2016. The result came at a …
May 22, 2017 /  Finance
Wilh. Wilhelmsen Holding (WWH) announces results for Q1-2017

Wilh. Wilhelmsen Holding (WWH) announces results for Q1-2017

Wilh. Wilhelmsen Holding (WWH) reported a decrease in total income and operating profit in the first quarter. Sale of business units, seasonality and restructuring impacted the performance. WWH delivered a total income …
May 12, 2017 /  Finance
Hapag-Lloyd finishes first quarter of 2017 with positive operating result

Hapag-Lloyd finishes first quarter of 2017 with positive operating result

EBITDA increases to EUR 131.3 million / EBIT at EUR 3.5 million / Strong development of transport volume / Freight rates continue to recover / Sharp increase in bunker prices Hapag-Lloyd finished the first three months …
May 12, 2017 /  Finance
DryShips Announces Acquisition of Suezmax Tanker and Reports Financial and Operating Results for Q1-2017

DryShips Announces Acquisition of Suezmax Tanker and Reports Financial and Operating Results for Q1-2017

DryShips Inc. (NASDAQ:DRYS) (DryShips), a diversified owner of ocean-going cargo vessels, yesterday announced its unaudited financial and operating results for the quarter ended March 31, 2017.  Updated Key …
May 11, 2017 /  Finance
Costamare Reports Results for Q12017 And Announces Newbuilds Charter Agreements

Costamare Reports Results for Q12017 And Announces Newbuilds Charter Agreements

Costamare Inc. (Costamare) (NYSE: CMRE) Thursday reported unaudited financial results for the first quarter ended March 31, 2017. Voyage revenues adjusted on a cash basis of $102.7 million for the three-months ended …
Apr 30, 2017 /  Finance
Nakilat concludes first quarter with net profit of QR 191 million

Nakilat concludes first quarter with net profit of QR 191 million

Nakilat recorded its financial results for the first quarter ended 31 March 2017 with a net profit of QR 191 million compared to QR 240 million of the same period last year in 2016. The lower profit is attributed to …
Apr 27, 2017 /  Finance
Hapag-Lloyd with positive operating result in a challenging environment

Hapag-Lloyd with positive operating result in a challenging environment

Substantial earnings contribution from synergies from CSAV acquisition and OCTAVE cost-cutting programme / Further synergies expected due to the merger with UASC Hapag-Lloyd closed the 2016 financial year with …
Mar 27, 2017 /  Finance
TALLINK Earned The Net Profit Of 44.1 Million in 2016

TALLINK Earned The Net Profit Of 44.1 Million in 2016

According to the unaudited results, the company earned the net profit of 44.1 million Euros by the revenue of 937.8 million Euros and 9.5 million passengers in 2016, announced AS Tallink Grupp. Compared to the previous …
Feb 28, 2017 /  Finance