DP World reports a 70% profit increase to $960M in H1 2025, driven by strong revenue growth and container volume despite global challenges.

GERMAN flag carrier Lufthansa said that it is likely to incur around EUR455 million (US$484 million) negative impact on earnings in 2024 as a result of strikes in the first quarter and further expected industrial action at some of its subsidiaries in the second

DUBAI's state-owned ports giant DP World announced that its first-half profit fell nearly 10 per cent from a year earlier, even as revenue climbed nearly 14 per cent, and flagged an uncertain outlook for trade

GERMANY's Lufthansa Group's 2018 net profit declined 7

LUXEMBOURG's Cargolux increased first quarter net profit 76

THE Canadian National Railway in the first quarter of its 100th anniversary posted a 6

MANILA's International Container Terminal Services Inc (ICTSI) first half profit soared 42 per cent year on year to US

Global Maritime News & Shipping Industry Updates

GERMANY's global airport operator Fraport's first half net profit increased 17

Restructured tanker giant looks to improved second-quarter result

Morning WhistleChina Rongsheng profit dives as new ship orders dry upReuters"Theshipbuildingindustry is expected to continue its consolidation and to experience further restructuring with the elimination of low-end surplus capacities," it said in its results statement. Listed in November 2010, Rongsheng has also been hit by...Economic storms hit China'sshipbuildersIrish TimesChina Rongsheng to Withdraw Bid for Engine MakerWall Street JournalRongsheng suffers after China slowdownFinancial TimesMarine Log -China Daily -The Maritime Executiveall 33 news articles »

THE third biggest US railway, CSX Corp, posted a record third quarter 12 per cent profit increase to US$509 million, drawn on revenues of US$3.2 billion, up eight per cent.

HORIZON Lines posted a 493 per cent third quarter net profit increase to US$9.5 million, drawn on revenues of $286.2 million, up 4.6 per cent.

TEXAS-headquartered Burlington Northern Santa Fe LLC (BNSF) achieved 36

GERMANY's Hamburg-headquartered global container shipping line, Hapag-Lloyd AG, has reported a strong rise in profit and revenue in the third quarter thanks to higher freight rates as disruptions in global supply chains continued to restrict transport capacity

TAIWAN's Wan Hai Line posted a 157 per cent first quarter profit increase to TWD

Global Maritime News & Shipping Industry Updates

GERMAN shipping giant posted a 150 per cent net profit increase in 2020 to EUR935 million drawn on revenues of EUR12

US express delivery giant FedEx posted a 119

DANISH shipping giant, Maersk has posted a net profit of US$947 million for the third quarter, a staggering 82 per cent increase from last year's Q3 net income of $520 million

Oldendorff makes $2m profit in four months from ship sale

THE Port of Rotterdam Authority posted a 4.9 per cent year-on-year increase in cargo volume in 2015, resulting in a 2.6 per cent increase in port dues to EUR676.9 million (US$735.9 million).

HONOLULU-based carrier and logistics provider Matson Inc has posted a 9.9 per cent year-on-year second quarter operating profit increase to US$34.3 million, drawn on consolidated revenues of $310 million, up 3.5 per cent.

INTERNATIONAL owner of containerships Danaos Corporation has posted a 28.7 per cent first half year-on-year decline in net profit to US$25.7 million despite a 4.2 per cent increase in revenues to $292.7 million.

CONTAINER lessor TAL International posted a 29.4 per cent year-on-year second quarter profit increase to US$37.9 million drawn on revenues of

Global Maritime News & Shipping Industry Updates

SEASPAN Corporation has posted a 10.8 per cent increase in 2012 net profit to US

Global Maritime News & Shipping Industry Updates

NEWS.com.auAustal full-year profit below expectations - CEO Andrew BellamyHerald SunSHIPBUILDERAustal has reported record full-year revenue but its bottom line was less than pleasing. The Henderson-based company revealed today revenue had jumped 29.7 per cent to $653 million for the 2012 financial year in comparison to the previous...Austal results"below expectations"Marine Logall 6 news articles »

ShipFinance profit soars on accounting gainMarketWatchShipFinance, which owns and charters out large vessels that transport crude oil, in recent years has been diversifying its assets to include areas such as dry bulk and containerships. ThoughShipFinance had seen a soft tanker market, the company on...SFL - Second Quarter 2012 ResultsReutersShipFinance International Reports Rise In Q2 Net Income - Quick FactsNASDAQShipFinance International Limited Stock Rating Reaffirmed by Dahlman Rose...Daily Politicalall 17 news articles »

China Rongsheng profit dives as new ship orders dry upReuters"Theshipbuildingindustry is expected to continue its consolidation and to experience further restructuring with the elimination of low-end surplus capacities," it said in its results statement. Listed in November 2010, Rongsheng has also been hit by...

Port’s ro-ro freight volumes down 1.1% despite growth in overall cross-Channel market

Restructured tanker giant looks to improved second-quarter result

4-tradersKB Financial swings to profit but misses estimatesMarketWatchBy Kanga Kong SEOUL -(MarketWatch)- KB Financial Group Inc. Thursday reported a worse-than-expected fourth-quarter net profit due to significant write-downs related to bad loans arising from SungdongShipbuilding& Marine Engineering.KB Financial Group 4Q Net Profit KRW219.1 Billion Vs KRW247.7 Billion ForecastFox Businessall 3 news articles »

Defense contractor Northrop Grumman Corp. said on Wednesday that its third-quarter profit edged up on contributions from its aerospace, electronics and technology businesses, and boosted its earnings guidance for the year.

HONG Kong-based Cosco Shipping Ports (CSP) recorded a profit attributable to equity holders of the company of US

Global Maritime News & Shipping Industry Updates

THE Canadian Pacific Railway (CP) posted a 13

THE Canadian Pacific Railway (CP) increased first quarter operating profit 0

SINGAPORE's global port operator PSA International's 2018 net profit declined 2

SINGAPORE Airlines (SIA) net profit in the first quarter of its fiscal year fell 20

GERMAN airport operator Fraport AG's first nine months worldwide net profit increased 9

SINGAPORE-listed Samudera Shipping Line, a subsidiary of Indonesia-based Samudera Group, has reported a decline in net profits of US$4.6 million in 2012.

SWISS forwarding giant Panalpina posted a 2016 consolidated profit that declined 40.7 per cent year on year to CHF52.3 million (US$51.7 million), drawn on revenues of CHF5.19 billion, which fell 11 per cent.

SWISS forwarding and logistics giant Panalpina 's consolidated profit increased 31

MALAYSIA's Westports Holdings third quarter net profit increased 11

DUBAI's global port operator DP World suffered a 2

HONG KONG's non-operating containership owner Seaspan Corporation has declared a 321 per cent year-on-year first quarter net profit increase to US$285

HONG KONG shipowner SITC International Holdings has posted a seven per cent year-on-year increase in first half net profit to US$91

ATHENS-based shipowner Costamare posted a first half net profit of $45.7 million, up 3.5 per cent year on year, but second-quarter earnings were down 19 per cent to US$21.1 million.

DUBAI's DP World, one of the world's biggest port operators, has said its business could weather international trade tensions, after reporting a 10

DANISH shipping giant Maersk Group's second quarter net profit soared 793 per cent year on year to US

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GREENEVILLE, Tennessee-based Forward Air Corp, a contractor for the air cargo industry, increased first quarter profit 3

SINGAPORE listed HPH Trust, Hong Kong's Hutchison organisation's port operating arm, suffered a first quarter net profit plunge of 33 per cent year on year to HK$48

THE world's biggest container maker Shenzhen's China International Marine Containers (CIMC) saw 2016 net profit plunge 73 per cent to CNY540 million (US$78.5 million), drawn on revenues of CNY51.1 billion, down 13 per cent.