Search results for: forecast

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  • 29 June 2018
    Business & Finance

    Hapag-Lloyd has lowered its profit forecast for the financial year 2018 amid market headwinds.

  • 8 July 2010

    The rise and fall of the Brazilian shipbuilding market is well-known, having plummeted from the top of the world list in the early 1980s to the bottom by 1999. Today, Brazil is storming back, an amazing revival of the nearly defunct shipbuilding industry driven by the sudden influx of orders from major offshore oil & […]

  • 30 March 2016

    2016 is to be an extremely difficult year for many segments of the maritime industry, says the Norwegian Shipowners’ Association in its yearly outlook report, anticipating weaker profitability, job losses and tighter capital access.  “Expectations for developments in the capital market through 2016 are largely negative. Almost no shipowners anticipate improved capital availability, and 55 […]

  • 25 May 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The European Union (EU) has awarded €8.4 million to the ODYSSEA project consortium to develop an interoperable platform that fully integrates networks of observation and forecasting systems across the Mediterranean basin.

  • 13 June 2006

    Weather forecasts for Leg 9 are looking more and more positive. Earlier in the week, the forecasts were predicting another extremely slow leg with light upwind conditions and another possible drift-off as the fleet approached the Danish coast and rounded the northern dip of Denmark to make their final approach to the finish. But over […]

  • 7 February 2013
    Business & Finance

    According to preliminary unaudited figures, HHLA achieved Group revenue of approx. € 1,125 million (previous year: € 1,217 million) and an operating result (EBIT) of around € 185 million (previous year: € 207 million) in the 2012 financial year. The related business conditions were characterised by both a weaker economic environment and the consequences of […]

  • 9 March 2015
    Business & Finance

    USD 81 billion will be spent on Floating Production and Storage units (FPS) between 2015 and 2019, 73% more compared to 2010-2014, despite the current low oil price environment, the market analysts from Douglas-Westwood project in their ”World Floating Production Market Forecast 2015-2019.”     The value of annual installations is projected to grow from nearly USD 12bn […]

  • 31 October 2014
    Business & Finance

    Japanese transportation company Kawasaki Kisen Kaisha, Ltd. (K-Line) reported a bigger income than forecast in consolidated financial results for the first half of the fiscal year ending March 2015 announced on July 31, 2014. Operating revenues reached JPY 659.7 million, JPY more than expected 9.7 million. Net income almost doubled the forecast of JPY 11 million, […]

  • 10 June 2015
    Business & Finance

    Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Drewry estimates that seaborne trade in chemicals […]

  • 9 August 2013

    Offshore wind farms are built in areas where it has been determined, by monitoring with met masts and floating met buoys, that there is enough of the turbine ‘fuel’ under normal circumstances. It is not just the remote location and water depth that determines that you will not find any offshore wind farms in the […]

  • 12 May 2015

    The Gas Exporting Countries Forum (GECF) has devised a model for forecasting gas market behavior over the world. The model was developed through the assessment of over 6,000 variables supplied by GECF member countries and is aimed at forecasting the market conditions in middle and long-term time spans, Iran’s NIGC said in a statement. It […]

  • 25 June 2014
    Business & Finance

    Dragon Oil plc , an international oil and gas exploration, development and production company, publishes an update on the guidance for the 2014 gross annual production growth in the Cheleken Contract Area, Turkmenistan. In the second quarter of 2014, Dragon Oil completed two sidetracks and is currently completing two development wells, the results of which will […]

  • 26 February 2015

    LPG shipping earnings are forecast to remain buoyant on the back of low oil prices and the absence of fuel substitution, shipping consultancy Drewry said in its LPG Forecaster.

  • 14 October 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Seabed seismic services player Magseis Fairfield has lowered its guidance for 2019, in which the company now estimates revenue between USD 455-465 million and full-year EBITDA between USD 45-55 million. According to the company, adjustments for certain non-cash elements may further impact EBITDA negatively, as may costs related to reorganization and restructuring processes that the […]

  • 20 August 2008

    ODIM has upped its revenue forecast for the year to NOK 2.2 billion after a record second quarter saw the company bringing in NOK 502.1 million. A record order intake of NOK 969 million lead by a strong quarter for the seismic segment, put the order backlog at an all-time high of NOK 2,629 million […]

  • 6 December 2007

    StatoilHydro is today, Friday 7 December publishing its forecast for the company’s combined oil and gas production, capital expenditure and exploration expenditure in 2008.

  • 21 February 2019
    Business & Finance

    Maersk: Earnings increased despite a challenging start to 2018, however, profitability still needs to improve.

  • 28 April 2015
    Business & Finance

    French oil major Total today reported its adjusted net income for the first quarter of 2015 $2.6 billion versus $3.3 billion in the first quarter 2014, a decrease of 22%. According to Reuters, the results beat analysts’ forecasts of $2.05 billion in adjusted net profit. The company’s CEO Patrick Pouyanné has said that Total is benefiting from its organic […]

  • 8 April 2013

    The Multipurpose sector faces a difficult couple of years, but its long-term prospects are good, according to Drewry Maritime Research’s latest Annual Multipurpose Shipping Market Review and Forecast report. Most owners of Multipurpose ships (MPVs) were fairly upbeat at the start of 2012 and, in spite of weak freight rates, continued to be so well […]

  • 3 February 2016
    Business & Finance

    Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) has cut the financial forecast for fiscal year ending March 31, 2016 due to losses in both consolidated and non-consolidated financial results during the 3rd quarter ended December 31, 2015. The forecasts were downgraded amid losses of JPY 3.8 billion (USD 31.8 million) reported by MES subsidiary on construction […]

  • 30 November 2012

      Shipbuilding production levels have remained at record high levels exceeding 50 million cgt for two consecutive years (2010 -2011), with 2012 forecasted to remain close to 2011 levels. However the orderbook that forms the contracted forward workload has diminished rapidly and tails-off to very low levels for 2014 and beyond. Over-tonnaging and large operating […]

  • 12 May 2015

    The Gas Exporting Countries Forum (GECF) has devised a model for forecasting gas market behavior over the world. The model was developed through the assessment of over 6,000 variables supplied by GECF member countries and is aimed at forecasting the market conditions in middle and long-term time spans, Iran’s NIGC said in a statement. It […]