Overview page containing news articles

earnings

List of the highlighted articles

Posted: 7 days ago

Maersk braces for $100 M restructuring charge over 2,000 job cuts as it lifts Q3 outlook

Danish shipowner Maersk expects to take a restructuring charge of around $ 100 million in the third ...

Categories:
  • Business & Finance
Posted: 7 days ago
Posted: 20 days ago

Atlantis slashes losses; Meygen clocks in 33GWh

UK-based Simec Atlantis Energy has seen its loss cut almost by half for the six months ended 30 June...

Categories:
  • Business & Finance
Posted: 20 days ago
Posted: about 1 month ago

OPT books $3.4M quarterly loss

Ocean Power Technologies (OPT) has recorded around 13 per cent increase in net loss for the first qu...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

CMA CGM boosts profitability despite volume slowdown

During the second quarter of this year, French container shipping major CMA CGM improved profitabili...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

COSCO Shipping Ports eyes growth despite throughput decline

Due to challenges caused by the COVID-19 pandemic, Hong Kong-based port operator COSCO Shipping Port...

Categories:
  • Ports & Logistics
Posted: about 1 month ago
Posted: about 1 month ago

Hafnia reports best-ever quarterly results, invests in methanol project

Denmark-based shipping company Hafnia has posted a net profit of $97.7 million for the second quarte...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: 2 months ago

DP World’s H1 profit takes a massive hit

Dubai-based port and terminal operator DP World reported a profit attributable to owners of $313 mil...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Norden forms tanker management JV with Synergy Marine Group

Danish shipping company Dampskibsselskabet Norden A/S has established a joint venture with Singapore...

Categories:
  • Business developments & projects
Posted: 2 months ago
Posted: 2 months ago

Maersk defies COVID-19 impact with strong Q2 results, lifts profit outlook

A.P. Moller – Maersk managed to improve profitability across all businesses in the second quar...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Hapag-Lloyd’s profit rises despite lower volumes

Despite the negative effects of the COVID-19 pandemic, German container shipping company Hapag-Lloyd...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago
Premium

Marine seismic industry in numbers after exploration capex slash

The low oil price has led energy companies to scale back near-term investment plans significantly, a...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

TechnipFMC quarterly earnings dip

TechnipFMC has reported second-quarter 2020 profit of $12 million or 3 cents per diluted share again...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Subsea 7 sinks to $922 million loss

Subsea 7 has booked a major loss in Q2 2020 on restructuring and impairment charges as well as activ...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Charges and revenue drop drag Schlumberger into the red

Oilfield services major Schlumberger recognised a $3.34 billion loss in the second quarter on $3.7 b...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

EMGS loss widens on halved revenues

Norwegian geophysical services company EMGS has seen its second-quarter loss widened as revenues sli...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

More red ink for PGS

PGS has seen its Q2 2020 loss widened, as revenues fell more than 50 percent. The Oslo-listed seismi...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Helix Energy Solutions earnings drop in Q2

Houston-based offshore services and robotics specialist Helix Energy Solutions has reported profit o...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Red quarter for Polarcus as revenues sink

Marine seismic player Polarcus has slipped deeper into the red in Q2 2020 as revenues dropped close ...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 3 months ago

Aker Solutions remains positive despite loss

Aker Solutions has seen red in the second-quarter 2020, as revenue dropped some 29 per cent and rest...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 4 months ago

CMA CGM remains optimistic despite coronavirus

Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM close...

Categories:
  • Business & Finance
Posted: 4 months ago
Posted: 4 months ago

Klaveness: CLEANBU vessel Barracuda makes 1st switch from dry cargo to jet fuel

Klaveness Combination Carriers’ (KCC) CLEANBU vessel MV Barracuda completed last week the firs...

Categories:
  • Business developments & projects
Posted: 4 months ago
Posted: 4 months ago

Axxis Geo Solutions swings to profit

Ocean bottom node seismic player Axxis Geo Solutions has returned to profit as revenues hiked close ...

Categories:
  • Business & Finance
Posted: 4 months ago
Posted: 4 months ago

DOF Subsea books NOK 1.5 billion loss

DOF Subsea has reported loss in Q1 2020 of NOK 1.5 billion, against NOK 25 million in Q1 2019. Earni...

Categories:
  • Business & Finance
Posted: 4 months ago
Posted: 5 months ago

Cost-cutting measures, stronger freight rates help HMM narrow loss in first quarter

South Korea’s shipping major HMM closed the first quarter of this year with a significantly n...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

GC Rieber takes impairment dive

GC Rieber Shipping has seen its quarterly loss widened on Subsea & Renewables fleet impairment a...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Higher bunker costs hurt Hapag-Lloyd’s earnings

German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quart...

Categories:
  • Business & Finance
Posted: 5 months ago