Search results for: q1-2017

237267 results

A list of search results

  • 25 May 2017
    Business & Finance

    Improved charter rates helped the Greek dry bulk shipping company Star Bulk Carriers reduce its net loss by more than two thirds in the first quarter of 2017 as compared to the same period a year earlier. The company reported a net loss of USD 15.95 million, a 67.3% reduction as compared to a USD […]

  • 19 May 2017
    Business & Finance

    Monaco-based dry bulk shipping specialist Safe Bulkers has reduced its net loss in the first quarter of 2017 to USD 3.3 million as compared to USD 14.4 million loss reported for the same period in 2016. The company’s net revenue for the first quarter of 2017 increased by 35% to USD 33.3 million from USD 24.7 […]

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

    Minesto has reported an increase in revenue of around 80% for the first quarter of 2017, compared to the same period a year before.

  • 24 May 2017
    Business & Finance

    Total throughput at Germany’s busiest port, the Port of Hamburg, increased by 1.7 percent in the first quarter of 2017 and reached 35.4 million tons. The throughput growth in Germany’s largest universal port was therefore slightly above the average 1.6 percent for the other major North Range ports of Rotterdam, Antwerp and Bremen/Bremerhaven, the port authority […]

  • 1 May 2017
    Business & Finance, Equipment

    Norwegian multi-client seismic data specialist, Spectrum, has reported a loss of $3.7 million in the first quarter of 2017 compared to a loss of $7.9 million in the first quarter of 2016. The Oslo-listed company recorded net operating revenues of $25.3 million in the Q1 compared to $18.2 million in the prior-year quarter. Revenue from […]

  • 2 May 2017
    Business & Finance, Operations & Maintenance

    Dutch subsea and survey specialist Fugro said it has generated some 16 percent less revenue on a currency comparable basis, compared to prior-year comparable period. The company’s revenue fell from €441 million in Q1 2016 to €377 million for the period ended March 31, 2017. Fugro said it expects further decline in revenue for the first half […]

  • 14 July 2017
    Business & Finance

    India’s port operator Essar Ports posted a record 19.62 million tons of cargo in the quarter ending June 30, 2017. This represents a growth of 12% when compared to the cargo handling in the corresponding four-month period of the previous fiscal year, as explained by Essar Ports. For dry and unit cargo, the performance was better, […]

  • 27 April 2017
    Business & Finance, Operations & Maintenance

    DONG Energy reported an operating profit (EBITDA) from continuing operations of DKK 3.3 billion (EUR 443.5 million) in the first quarter of 2017, a 53.5% slide compared with DKK 7.1 billion in Q1 2016, despite a 21% jump in earnings from commissioned wind farms.

  • 24 May 2017
    Business & Finance

    Norway-based Höegh LNG has chartered out the recently delivered Höegh Giant to an unnamed trader for short-term contracts as an LNG carrier or FSRU until mid-2018 when the vessel’s long-term contract with Quantum Power in Ghana is expected to start. Höegh Giant was delivered in late April and is committed to a 20-year FSRU contract with Quantum Power […]

  • 12 April 2017
    Business & Finance, Environment, Technology

    Global clean energy investment in the first quarter of 2017 was down 17% compared to the same period of 2016, according to the latest figures from Bloomberg New Energy Finance (BNEF).

  • 12 April 2017
    Business & Finance

    The first quarter of this year saw a 60% year-on-year decrease in offshore wind financings, from USD 11.5 billion in Q1 2016 to USD 4.6 billion in Q1 2017, according to Bloomberg New Energy Finance’s (BNEF) report on global clean energy investment.

  • 4 May 2017

    Pirates and armed robbers attacked 43 ships and captured 58 seafarers in the first quarter of 2017, slightly more than the same period last year, according to the latest ICC International Maritime Bureau’s (IMB) piracy report. The global report highlights persisting violence in piracy hotspots off Nigeria and around the Southern Philippines – where two […]

  • 5 April 2017
    Business & Finance

    UK-based ferry operator P&O Ferries carried more freight across the English Channel in the first three months of the year than in any first quarter in its modern history. The ferry and logistics company’s six ships on the Dover-Calais route transported 361,100 lorries during January, February and March. This figure was almost 11 per cent […]

  • 1 May 2017
    Business & Finance

    Iberdrola posted net profit of EUR 827.6 million in the first quarter of 2017, 4.7% down on the same period last year.

  • 27 April 2017
    Operations & Maintenance, Project & Tenders, Storage

    German offshore wind farms generated 4.8 billion kWh of electricity in the first quarter of 2017, a 36.7 percent jump compared to 3.5 billion kWh of electricity generated offshore Germany in the first quarter of 2016.

  • 27 April 2017
    Operations & Maintenance, Project & Tenders, Storage

    German offshore wind farms generated 4.8 billion kWh of electricity in the first quarter of 2017, a 36.7 percent jump compared to 3.5 billion kWh of electricity generated offshore Germany in the first quarter of 2016.

  • 25 April 2017
    Business & Finance, Equipment, Operations & Maintenance

    Baker Hughes has recognized net loss for the quarter ended March 31, 2017 mainly on restructuring charges, asset impairments, and its GE merger-related costs. However, the oilfield services company has improved year-over-year as well as sequentially. Namely, for the first quarter of 2017, Baker Hughes had net loss of $129 million, or $0.30 per diluted share, […]

  • 15 May 2017
    Business & Finance

    Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported profit of $700K for the three-month period ended March 31, 2017. This result compares with quarterly profit of some $1.2 million in the corresponding period in 2016. The Singapore-listed company generated revenue of $36.5 million versus $39.6 […]

  • 27 April 2017
    Business & Finance

    Subsea 7 reported revenue of USD 897 million for the first quarter of 2017, a 20% jump compared to the same period a year earlier mainly due to a good performance of the company’s newly formed Renewables and Heavy Lifting division.

  • 21 April 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 million ($203 million in Q1 2016), with an EBITDA of approximately $30 million ($79 million in Q1 2016). According to PGS, the low EBITDA is primarily driven by the relatively low multi-client investment activity in the quarter. Total multi-client revenues […]

  • 21 April 2017
    Business & Finance, Operations & Maintenance

    Italian oilfield services player has reported net profit of €47 million for the three months ended March 31, 2017, against €61 million in the same quarter last year. Adjusted net profit was €54 million, versus €61 million in Q1 2016. Revenues for the Q1 2017 were down, amounting to €2.26 billion, compared to €2.84 billion […]

  • 26 July 2017
    Business & Finance, Operations & Maintenance

    TechnipFMC has informed that is financial statements for the three months ended March 31, 2017 should no longer be relied upon because of material errors in such financial statements.  The quarterly adjustment was released just two days before TechnipFMC should report figures for the second quarter 2017. The company’s shares price, which are listed on […]