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Business & Finance

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Grindrod Shipping Agrees Another Sale and Leaseback Deal
Business & Finance

Grindrod Shipping Agrees Another Sale and Leaseback Deal

The deal was agreed with a Japanese shipowner for the 2011-built IVS Magpie.

about 6 years ago
Solstad platform supplier to support Wintershall Dea in Norway
Business & Finance

Solstad platform supplier to support Wintershall Dea in Norway

German oil and gas giant Wintershall Dea has awarded a medium-term contract to Solstad Offshore for support of its operations in Norway.

about 6 years ago
Navios Containers Stretches Charters for 10,000 TEU Duo through 2024
Business & Finance

Navios Containers Stretches Charters for 10,000 TEU Duo through 2024

The extensions were agreed for Navios Unison and Navios Constellation at USD 27,300 per day net until May 2024.

about 6 years ago
Abu Dhabi Ports’ Maqta Gateway, Etisalat Partner Up on Port Digitalization
Business & Finance

Abu Dhabi Ports’ Maqta Gateway, Etisalat Partner Up on Port Digitalization

Abu Dhabi Ports’ Maqta Gateway, Etisalat team up to enable connectivity and bring digital innovation across ports.

about 6 years ago
Royal Caribbean Continues with Record Earnings
Business & Finance

Royal Caribbean Continues with Record Earnings

Miami-based cruise major Royal Caribbean Cruises has reported record third-quarter earnings despite negative headwinds.

about 6 years ago
Orders lift Baker Hughes profit in third quarter
Business & Finance

Orders lift Baker Hughes profit in third quarter

Oilfield services provider Baker Hughes reported a rise in its third quarter 2019 profit as its orders grew by 35 percent when compared to the same period last year.

about 6 years ago
Singapore Boosting Port Efficiency with New Digital Tool
Business & Finance

Singapore Boosting Port Efficiency with New Digital Tool

The maritime single window system will simplify maritime regulatory and port services transactions.

about 6 years ago
Denmark Greenlights Nord Stream 2
Business & Finance

Denmark Greenlights Nord Stream 2

The Danish Energy Agency has granted a permit to Nord Stream 2 AG to construct a section of the Nord Stream 2 natural gas pipelines on the Danish continental shelf southeast of Bornholm in the Baltic Sea. The permit is granted pursuant to the Continental Shelf Act and in accordance with Denmark’s ob

about 6 years ago
COSCO Shipping Ports’ Volumes Rise, Profit Down
Business & Finance

COSCO Shipping Ports’ Volumes Rise, Profit Down

Greater China region volumes increased by 3.2% to 25.2 million TEUs, accounting for 77.8% of the total throughput.

about 6 years ago
MP Caulfield Calls for Cuckmere Dredging
Business & Finance

MP Caulfield Calls for Cuckmere Dredging

Polegate MP Maria Caulfield is calling on the Environment Agency to dredge the River Cuckmere – or appoint someone who will do it. Caulfield said in her latest announcement that she met with representatives of the body recently to urge them to dredge the river, but they refused. According to her sta

about 6 years ago
Hulhumeedhoo Dredging Gig for MTCC
Business & Finance

Hulhumeedhoo Dredging Gig for MTCC

The Maldives Transport and Contracting Company Plc (MTCC) has won a contract for the Phase 1 of S. Hulhumeedhoo MIFCO harbor upgrade, located on the northeastern point of Addu City in the Maldives. Fathimath Shana Farooq, Director General of Planning Ministry, signed the agreement on behalf of the M

about 6 years ago
2020 Bulkers Takes Delivery of Third Newcastlemax Newbuild
Business & Finance

2020 Bulkers Takes Delivery of Third Newcastlemax Newbuild

The 208,000 dwt ship is part of a sale and leaseback deal with Ocean Yield.

about 6 years ago
Baker Hughes Improves Quarterly Profit
Business & Finance

Baker Hughes Improves Quarterly Profit

Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September 30, 2019. The result compares with $13 million profit in Q3 2018, and $9 million loss sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $114 million, up 46%

about 6 years ago
Fincantieri Refutes Rumors Linked to Chantiers Deal
Business & Finance

Fincantieri Refutes Rumors Linked to Chantiers Deal

Fincantieri denies reports that EU antitrust authorities would commence an in-depth analysis of the Chantiers deal.

about 6 years ago
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