Search results for: expected

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  • 27 July 2011

    The Western Marine Shipyard Limited (WMSL), one of the leading shipbuilder, will deliver 20 ocean-going ships worth $200 million to firms… (thefinancialexpress) [mappress] Source: thefinancialexpress, July 27, 2011;

  • 12 November 2012

    Kentz Corporation Limited, the holding company of the Kentz engineering and construction group, released the following interim management statement for the period 1 July to 11 November 2012. Overview Growth underpinned through new project awards together with natural growth on existing contracts Backlog at the end of September 2012 was US$2.53bn (July 2012: US$2.54bn) (October […]

  • 14 March 2014

    Kinder Morgan reconfirmed its 2014 financial dividend and distribution guidance for Kinder Morgan, Inc., Kinder Morgan Energy Partners, L.P., Kinder Morgan Management, LLC and El Paso Pipeline Partners, L.P., and at KMP expects to generate distributable cash flow per unit nicely in excess of its budget targets. Chairman and CEO Richard D. Kinder stated, “2014 […]

  • 16 October 2014
    Business & Finance

    As the market awaits a potential oil price hike triggered by the ongoing geo-political tensions in the oil-rich producing nations, demand for tankers seems to be doing pretty well. “The order-book for tankers has risen in the past two months and it is all about crude oil tankers. Four VLCCs and six Suezmaxes made the […]

  • 16 January 2018
    Business & Finance

    Norden has raised its expectations for the adjusted results for 2017 to USD 20 to 35 million.

  • 13 February 2007

    The largest mega yacht marina facility on the west coast of the Americas will soon put down anchor at “Porto Hussong” in the port city of Ensenada, Baja California, providing much-needed and long-awaited slips for luxury mega yachts. In addition to the coastline condominiums and boutique hotel, the centerpiece of the 16-acre world-class Porto Hussong […]

  • 2 August 2011

    Ocean liners are expected to take delivery of 230 new ships, adding 1.5 million TEUs to the world fleet, raising total global capacity… (Exim) [mappress] Source: Exim, August 2, 2011.

  • 25 July 2017
    Business & Finance

    Dubai-based port and terminal operator DP World Limited handled 34 million TEUs across its global portfolio of container terminals in the first half of 2017, with gross container volumes growing by 8.2% year-on-year. The first six months of the year witnessed an improvement in global trade and all three DP World regions saw growth rates […]

  • 21 July 2009

    The Hyundai-Vinashin Shipyard launched a 56,000DWT cargo vessel on July 17. Germany’s ER Schiffahrt is scheduled to take delivery of the vessel in October. ‘ER Bergamo’, the first vessel in a series of ten cargo ships was delivered in early July. The ‘ER Bergamo’, which is 187 metres long and 32 metres wide, belongs to […]

  • 13 December 2012
    Business & Finance, Operations & Maintenance

    John Wood Group PLC (“Wood Group”) issues the following pre-close trading update for the year to 31 December 2012. Full year results will be announced on 5 March 2013. Overall, conditions in energy markets remain favourable. The Group expects to deliver good growth for the year in line with expectations. The Engineering division is performing […]

  • 29 January 2015
    Business & Finance

    China Shipping Development Company (CSDC) expects to see around CNY 300 million (USD 48m) net profit for the year ended December 31, 2014. The company is basing the projection on preliminary assessment of the unaudited consolidated management accounts. The expected profit is in stark contrast to CNY 2.234 billion (USD 362,7m) loss in 2013. However, CSDC warns that the […]

  • 25 August 2014
    Business & Finance

    Norwegian ocean transportation company Odfjell SE said in its second quarter results that its Chemical Tankers had an EBITDA of USD 24 million, compared with USD 17 million in the first quarter.  The company recorded improved utilisation with only minor interruptions of trade, with improved time-charters by 10%. Odfjell’s shareholding in the tank terminals business delivered […]

  • 20 October 2009

    One of the biggest passenger ships ever built – the Queen Mary 2 – is making its maiden visit to Liverpool. The Cunard vessel, the 15th liner to call at the cruise liner terminal in 2009, is the largest liner ever to sail up the Mersey. The ship is in the city as part of […]

  • 10 November 2014

    Azeirbaijan’s Socar offers cooperation to the European Commission that launched an in-depth investigation of the proposed acquisition of DESFA, and expects the deal to be closed by the first half of 2015.

  • 9 March 2015
    Business & Finance

    London-based shipbroker Clarkson PLC (Clarksons) has exceeded market expectations for the financial year of 2014 having recorded £ 237.9 million (around USD 358 million) in revenue, a 20% increase when compared to 2013. The group’s underlying profit before taxation increased by 35% reaching £33.8 million and underlying earnings per share increased by 37%, Clarksons said in […]

  • 22 January 2015
    Business & Finance

    The depressed dry bulk market could recover partly in 2015 and underlying earnings could improve marginally, according to Drewry Maritime Equity Research (DMER). In 2014, the value of equity market participants in listed dry bulk companies eroded massively, with many companies losing more than half of their market capitalisation. At the start of 2014, the market […]

  • 12 October 2016

    Petroleum Geo-Services (PGS), a marine geophysical company, has surpassed market expectations after saying on Wednesday it expects to report consolidated 3Q 2016 revenues of approximately $220 million.  The company also said it expects to report EBITDA of approximately $110 million for the third quarter of 2016. According to Dagens Næringsliv, a Norwegian business newspaper, expectations in the […]

  • 31 October 2006

    The U.S. Transportation secretary will check in on final preparations for free ferry service across the Bay of St. Louis, slated to start Wednesday. Mary Peters should get to see the boat, which was expected to leave Bayou La Batre, Ala., Monday at midnight for the commute to its new 1.6-mile route and the Mississippi […]

  • 2 February 2015
    Business & Finance

    A mild shift in the speeds of containerships, especially on the head-hole, can be expected as new liner mega alliances endeavor to speed up their transit times, according to UK shipping consultant Drewry. Aiming to polish up their brands, liner giants that have joined their operating pools are likely to speed up so as to […]

  • 17 May 2011

      India is expected to invest nearly $50 billion to strengthen its naval forces over the next 20 years, adding 101 new warships, ranging from destroyers to… Jason Overdorf (globalpost) [mappress] Source: globalpost, May 17, 2011

  • 29 October 2012
    Business & Finance

    Vessel operating costs are expected to rise by 3.0 per cent in both 2012 and 2013 according to a new survey by international accountant and shipping consultant Moore Stephens. Lube expenditure and crew costs are the categories most likely to produce the highest levels of increase. The survey is based on responses from key players […]

  • 30 October 2014
    Business & Finance

    The 7th annual Offshore Energy Exhibition & Conference (OEEC) held on 28 & 29 October at Amsterdam RAI attracted 13,452 visitors representing 81 nationalities, an increase of 47% compared to last year. OEEC 2014 featured 630 exhibitors on 21,000 sq.m. floor space and 106 speakers in 22 sessions. Official opening OEEC 2014 was opened by […]