Search results for: q1

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  • 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 […]

  • 20 January 2020
    Business & Finance

    Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20.

  • 7 July 2017
    Business & Finance

    Greek dry bulk shipping company Globus Maritime Limited reported a 50 percent increase in revenues for the first quarter this year reaching USD 2.69 million compared to the corresponding quarter from 2016. The 50% increase in voyage revenues was mainly attributed to the increase in the average time charter rates during the  quarter as TCE […]

  • 30 April 2018
    Business & Finance

    Milaha has booked a net profit of QAR 260 million (USD  71.4 million) in the first quarter of 2018.

  • 4 May 2016
    Business & Finance

    South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) managed to turnaround its net profit for the first quarter of 2016 recording KRW 31.4 billion (USD 2.7 million) against a loss of KRW 1.12 trillion in the previous quarter. However, DSME’s operating profit remained in the red with an operating loss of KRW 26.3 billion (USD 23 million), missing analysts’ […]

  • 21 May 2018
    Business & Finance

    Tallink Grupp ended the first quarter of this year with a narrowed net loss year over year. 

  • 7 May 2015
    Exploration & Production

    Rowan Companies plc, a Houston-based drilling contractor, has reported net income of $123.7 million for the three months ended March 31, 2015 compared to $59.6 million in the first quarter of 2014.  Net income for the prior-year quarter included a litigation settlement gain which increased net income from continuing operations by $20.9 million. The prior-year […]

  • 12 May 2016
    Business & Finance

    Danish shipping and logistics company DFDS has raised its outlook for 2016 having beaten previous expectations for the first quarter of 2016 amid positive market trends on most routes in the network. Specifically, the revenue is expected to increase by 6 percent, excluding surcharges, as revenue growth above expectations in the shipping division is offset by […]

  • 12 April 2016
    Business & Finance

    The first quarter of 2016 was hit by a major decline in ordering newbuilds with only 77 new ships ordered by the end of March 2016, Clarksons data shows. This is a substantial drop when compared to the corresponding period in 2015 when a total of 375 ships were ordered. January was definitely the slowest month during […]

  • 23 May 2019
    Business & Finance

    The improvement in TCE rates helped Nordic Shipholding return to profit in Q1 2019.

  • 23 April 2020
    Business & Finance

    PGS has seen its Q1 2020 loss widened, mostly on impairments related to library and sale of non-current assets. The Oslo-listed seismic player reported quarterly loss of $117.5 million, or 32 cents per share on revenues of close to $129 million, against loss of $65 million, or 19 cents per share on almost relatively flat […]

  • 27 May 2019
    Business & Finance

    Norwegian shipowner MPC Container Ships ASA closed Q1 2019 with a net loss.

  • 17 May 2018
    Business & Finance

    Skou: Q1 performance was unsatisfactory, especially in the ocean-related part of the business.

  • 22 May 2020
    Business & Finance

    Subsea and drilling services provider Mermaid has reported net loss of $10.3 million for the three-month period ended 31 March 2020. This result compares with loss of some $4 million in the corresponding period in 2019. The Singapore-listed company generated quarterly revenue of $22.2 million, versus $26.2 million in Q1 2019 – down some 15 […]

  • 10 May 2019
    Business & Finance

    Tallink Grupp closed Q1 2019 with a net loss, driven by technical dockings of several vessels.

  • 29 May 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Oslo-listed SeaBird has narrowed its quarterly loss for the period ended March 31, 2019 as revenues picked up on higher utilization, compared to prior-year first quarter. The seismic data provider for oil and gas companies posted loss of around $0.5 million for the first quarter of 2019, compared to loss of $1 million in the […]

  • 27 April 2015
    Business & Finance, Exploration & Production

    Singapore’s Sembcorp Marine, a company building offshore drilling rigs, has achieved a net profit of $106 million for the three months ended March 31, 2015, which represented a 14% decline compared with $122 million in 1Q 2014. Group turnover for three months ended March 31, 2015 declined 2% year-on-year to $1.30 billion, which compares with $1.34 […]

  • 22 May 2018
    Business & Finance

    GoodBulk wrapped up the first quarter of 2018 in the black with a net profit of USD 9 million.

  • 22 April 2015

    FMC Technologies, manufacturer and designer of LNG loading systems, reported first quarter 2015 revenue of $1.7 billion, down 7 percent from the prior-year quarter. The company said its revenue dropped because stronger Subsea Technologies performance was offset by the continued strength of the U.S. dollar and the decline in the North American land market. Total inbound […]

  • 31 May 2018
    Business & Finance

    Frontline remains in the red in the first quarter of 2018 amid weak rates.

  • 5 February 2020

    Wood Mackenzie has lowered its oil demand forecast for Q1 2020.

  • 14 May 2019
    Business & Finance

    The rise in TORM’s profit in Q1 2019 was driven by product tanker market recovery.