Wallenius Wilhelmsen: Q2 2024 financial results and distribution of dividends
Wallenius Wilhelmsen reported a record second quarter for 2024 delivering an all-time high EBITDA of USD 507m and a net profit of USD 315m. “Q2 2024 is the strongest quarter on record with...
View ArticleDHT Holdings announces Q2 2024 Results
DHT Holdings announced the second quarter 2024 financial results. DHT-HoldingsThe post DHT Holdings announces Q2 2024 Results appeared first on Shipping Herald.
View ArticleBaltic index snaps three-day losing streak on capesize demand
The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, snapped a three-session losing streak on Tuesday, helped by higher rates for capesize...
View ArticleTwo ships report blasts in the Red Sea off Yemen, maritime security agencies say
Two crude oil tanker ships reported coming under attack in the Red Sea off the coast of Yemen on Tuesday, although neither reported damage, maritime security agencies said. The attempted assaults on...
View ArticleFlex LNG posts Q2 financial results
Flex LNG announced its unaudited financial results for the six months ended June 30, 2024. Highlights: * Vessel operating revenues of $84.7 million for the second quarter 2024, compared to $90.2...
View ArticleYang Ming reports impressive profitability in 2Q2024
Yang Ming Marine Transport Corporation held the 397th Board Meeting to approve and pass its financial report for the first half of 2024. The consolidated revenues in Q2 stood at NT$ 52.59 billion (US$...
View ArticleMilaha Reports QR 628 million in Net Profit for H1 2024
Qatar Navigation Q.P.S.C. (Milaha), has announced its financial results for the six months ended June 30, 2024. Key Financial Highlights: Operating revenues of QAR 1.43 billion for the six months...
View Article2020 Bulkers announces 2Q2024 financial results
2020 Bulkers released consolidated financial results for the second quarter of 2024: 2020_Bulkers_Consolidated_financial_statements_Q2_2024The post 2020 Bulkers announces 2Q2024 financial results...
View ArticleBaltic index hits two-week high on rising capesize rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest level in two weeks on Wednesday as rates for capesize vessel...
View ArticleHapag Lloyd delivers ‘very good’ 1H2024
Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9 billion (EUR 0.8 billion) and the Group profit to USD 0.8...
View ArticleHHLA: Postive revenue & earnings figures in 1H2024
After a weak start to the year due to a challenging environment, Hamburger Hafen und Logistik AG (HHLA) concluded the first half of 2024 with positive figures for both revenue and earnings. In...
View ArticlePort of Long Beach Sees Busiest July on Record
Surging cargo volumes lifted the Port of Long Beach to its most active July on record – and the third-busiest month in its 113-year history – as retailers stocked up on goods headed into the peak...
View ArticleHöegh Autoliners posts “solid” quarter
Höegh Autoliners reported another record financial performance in the second quarter of 2024. The gross revenue was USD 341 million/NOK 3,665 million, operating profit (EBITDA) was USD 174 million/NOK...
View ArticleDOF Group announces awarded contract for Skandi Açu with Petrobras
DOF announced a new long-term contract with Petrobras out of the last pipelay support vessel (PLSV) tender and an extension of the current contract for the PLSV Skandi Açu. The existing contract has...
View ArticleLR and CORE POWER to conduct next-generation nuclear container ship...
Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would need to be established for a nuclear...
View ArticleA record-setting July at port of Los Angeles as cargo soars 37%
The Port of Los Angeles handled a record-breaking 939,600 Twenty-Foot Equivalent Units (TEUs) in July, a 37% increase over the previous year. It was the best July in the Port’s 116-year history and...
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HMM escalates profitability for H1 2024
The revenue increased 18.6% to KRW 4,993 billion in H1 2024 from KRW 4,212 billion in H1 2023. The net profit climbed 88% to KRW 1,146 billion, and the operating profit rose 125% to KRW 1,051 in H1...
View ArticleGolar LNG reports Q2 2024 financial results
Golar LNG Limited announced Q2 2024 financial results. Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) signed an agreement for a 20-year FLNG deployment in Argentina....
View ArticleSubsea7 awarded contract on Gulf of Mexico project
Subsea7 announced the award of a sizeable contract in the US Gulf of Mexico. The scope of work includes engineering, procurement, construction, and offshore installation of a water injection flowline,...
View ArticleMEYER WERFT to build four new ships joining the Disney Cruise Line fleet
MEYER WERFT and Disney Cruise Line will continue their long and successful part-nership: the German shipyard will build four additional ships that will join Disney Cruise Line’s fleet between 2027 and...
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