K Line aims to use AI to forecast shipping markets

Predicting shipping markets is not an easy task – how often do analysts get it right? In an effort to improve its ability to forecast the market K Line is researching the use of artificial intelligence (AI).

Japanese shipbuilders cut fiscal 2018-19 steel demand forecast on lower orders

The Shipbuilders Association of Japan has reduced its steel demand forecast for the 2018-19 fiscal year...

Australia cuts resources export revenue forecast on iron ore outlook

Australia has revised down the value of its resources and energy export earnings in the year to end-June 2017...

Greece cuts 2017 growth forecast

Greece cut its 2017 growth forecast to 1.8 percent from 2.7 percent, according to a mid-term budget plan unveiled late on Saturday, driven by uncertainty caused by delays in concluding the latest review of bailout reforms.

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

Forecast FLNG spend of over $41 billion following wave of landmark projects

Despite challenging market conditions, global capital expenditure (Capex) on FLNG facilities is forecast to increase significantly over the 2016-2022 period.

Hapag-Lloyd Drops as Forecast Cut Overshadows UASC Merger Plan

Hapag-Lloyd AG fell the most since its initial public offering in November as a forecast of lower profit and a share-sale plan overshadowed a final deal to join forces with United Arab Shipping Co. to become the world’s fifth-largest container carrier.