Finance
Strong revenue growth will continue over the next five years as AUV's (Autonomous Underwater Vehicle) are increasingly used in commercial scenarios predicts IBISWorld's market research.
Gulfstream Services, Inc. (GSI), an oilfield rental company providing high pressure equipment for the international oil and gas industry, has named Dale Broussard
DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc.
The latest report from Ti, Global Transport and Logistics Financial Analysis 2013, reveals the winners and losers in the global logistics industry over what has been a tempestuous six year period.
Oceanteam also says it continued its investment program in 2.000 / 4.000-ton modular carousel systems.
Highlights for the first quarter of 2013:
· Revenue from operations USD 16.
At a meeting of the Mitsubishi Heavy Industries, Ltd. (MHI) Board of Directors held, a resolution was made to submit a proposal concerning distribution of dividends
The London P&I Club’s result for the 2012/2013 financial year was a surplus across all classes of $9.4 million, increasing the free reserve to $154 million.
Claims
Clean tanker rates for refined petroleum products on top export routes soften with build up of ships pressurizing the transatlantic market.
Rates for medium-range (MR) tankers for 37,
Satellite service provider Intelsat S.A. announced that its subsidiary, Intelsat Jackson Holdings S.A., received the requisite consents to amend certain terms of the indenture governing its 8.
Interim financial results for Q1 2013 show a strong start to 2013 by Maersk Drilling.
With an increase in profit to USD 146 million in the first quarter of 2013
Greece's Paragon Shipping Inc. obtains a $69-million credit facility with China Development Bank to partially finance its two 4,800 TEU containerships currently under construction.
The company reports its earlier loss significantly reduced in first quarter 2013 financial results.
Financial highlights:
Freight rate up 4.2% year on year
Jiangsu Province’s Economic and Information Technology Commission reviews Q1 2013 province-wide shipyard finances.
The review of the shipbuilding industry’s
Steamship Mutual released interim financial results for the year ending February 20, 2013.
As with all international group clubs, underwriting performance for the year ended February 20,
Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced
2012 was a challenging year for the Dutch shipbuilding industry. In general, the industry was able to achieve relatively good results. The various shipbuilding
Royal Caribbean announced that Brian Rice, Vice Chairman and CFO of Royal Caribbean Cruises Ltd., will transition his CFO responsibilities to Jason Liberty as he
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the quarter ended March 31, 2013.
ITIC revealed how an invoicing error led to a shipbroker being asked to foot the bill for a bunker supply amounting to more than three-quarters of a million dollars.
Wilson Sons Limited announced its results for the First Quarter (1Q13).
Highlights
The Company’s Net Income reached $19.5 million, primarily due to strong performances in the Towage,