CYPRUS: Number of companies operating in shipping sector rises 21%

Cyprus has witnessed a significant 21% increase in the number of companies operating in the shipping sector since...

LR Awards AiP to Natural Gas Operating Fleet Concept

Finland’s technology group Wärtsilä and COSCO Shipping Heavy Industry Co (CHI) have joined forces in the development of a natural gas operating fleet concept, a design which has now received Lloyd’s Register’s (LR) Approval in Principle (AiP) certificate.

Hapag-Lloyd With Positive Operating Result In A Challenging Environment

Hapag-Lloyd closed the 2016 financial year with EBITDA of EUR 607.4 million (previous year: EUR 831.0 million)...

HHLA Slightly Exceeds Forecast Operating Result (EBIT)

Hamburger Hafen und Logistik AG (HHLA) has slightly exceeded the forecast operating result (EBIT) for the 2016 financial year. Compared to the same period in the previous year

DP World Starts Operating Saint John Canada Terminal

DP World Saint John has begun operating a multi-purpose container, bulk, and breakbulk terminal at Saint John, New Brunswick, Canada.

Konecranes: Adjusted operating profit improved, sales guidance slightly reduced, operating profit guidance intact

Figures in brackets, unless otherwise stated, refer to the same period a year earlier

Moore Stephens: Ship Operating Costs Set To Increase (Infographics)

Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by...