Green Marine
Golden Ocean Sinks Further into Red
Norway based dry bulk shipping company Golden Ocean Group Limited (GOGL) posted a net loss of $33.5 million for the second quarter compared with a loss of $15.3 million for the preceding quarter. Golden Ocean attributed the fall in earnings primarily to the continued poor market combined with an inc
Golden Ocean Sinks Further into Red
Norway based dry bulk shipping company Golden Ocean Group Limited (GOGL) posted a net loss of $33.5 million for the second quarter compared with a loss of $15.3 million for the preceding quarter. Golden Ocean attributed the fall in earnings primarily to the continued poor market combined with an inc
Spotted: Sakhalin Enters 1K Club
Sakhalin Energy, the operator of Russia’s first LNG plant, offloaded the 1000th standard cargo of liquefied natural gas (LNG) at Prigorodnoye port on August 25, 2015. The jubilee cargo will be delivered to Japan, and the volume will be split between Tokyo Electric and Tokyo Gas, the same two compani
Spotted: Sakhalin Enters 1K Club
Sakhalin Energy, the operator of Russia’s first LNG plant, offloaded the 1000th standard cargo of liquefied natural gas (LNG) at Prigorodnoye port on August 25, 2015. The jubilee cargo will be delivered to Japan, and the volume will be split between Tokyo Electric and Tokyo Gas, the same two compani
DP World’s Earnings Up by 22 Pct
Global marine terminal operator DP World reported strong financial results from its global portfolio of marine terminals for the six months to 30 June 2015, delivering profit attributable to owners of $405 million, up by 21.9% compared to the first half of 2014. DP World’s revenue stood at $1.9 bill
DP World’s Earnings Up by 22 Pct
Global marine terminal operator DP World reported strong financial results from its global portfolio of marine terminals for the six months to 30 June 2015, delivering profit attributable to owners of $405 million, up by 21.9% compared to the first half of 2014. DP World’s revenue stood at $1.9 bill
G6 Starts Gothenburg Calls
The G6 alliance of container lines has started calling at Port of Gothenburg today through a new weekly direct service between Sweden and Asia. The first ship in the new service called at the recently upgraded container terminal operated by APM Terminals, and will leave Gothenburg on August 28, carr
G6 Starts Gothenburg Calls
The G6 alliance of container lines has started calling at Port of Gothenburg today through a new weekly direct service between Sweden and Asia. The first ship in the new service called at the recently upgraded container terminal operated by APM Terminals, and will leave Gothenburg on August 28, carr
Scores of Bodies Found on Migrant Boat off Libya
Bodies of around 50 people have been found in the hold of a vessel carrying migrants and refugees from Libya to Europe, according to Italian Coast Guard. Close to 430 people have been rescued from the said vessel by the Swedish navy ship Poseidon, part of European Union’s Frontex border management p
Scores of Bodies Found on Migrant Boat off Libya
Bodies of around 50 people have been found in the hold of a vessel carrying migrants and refugees from Libya to Europe, according to Italian Coast Guard. Close to 430 people have been rescued from the said vessel by the Swedish navy ship Poseidon, part of European Union’s Frontex border management p
Fredriksen: Turmoil in China Not Good for Shipping Market
Norwegian-born oil tanker and shipping magnate John Fredriksen voiced his worries over the impact the turmoil spreading from China could have on the shipping industry. “It seems there are big problems in China,” Fredriksen said in an interview with Bloomberg in Oslo on Monday. “That’s at least not g
Fredriksen: Turmoil in China Not Good for Shipping Market
Norwegian-born oil tanker and shipping magnate John Fredriksen voiced his worries over the impact the turmoil spreading from China could have on the shipping industry. “It seems there are big problems in China,” Fredriksen said in an interview with Bloomberg in Oslo on Monday. “That’s at least not g
Merger with CSAV a Home Run for Hapag-Lloyd
German container line Hapag-Lloyd has managed to shake off EUR 173.3 million loss recorded in the first half of 2014, and end the first half of 2015 with EUR 157.2 million profit, due to a jump in transport volumes and revenue brought by the merger with Chile’s Compañía Sud Americana de Vapores (CSA
Merger with CSAV a Home Run for Hapag-Lloyd
German container line Hapag-Lloyd has managed to shake off EUR 173.3 million loss recorded in the first half of 2014, and end the first half of 2015 with EUR 157.2 million profit, due to a jump in transport volumes and revenue brought by the merger with Chile’s Compañía Sud Americana de Vapores (CSA