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Wednesday, May 29, 2024
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CATEGORY

Companies

GE Shipping targets $40,/day from each of its vessels next year

GE Shipping’s offshore division is set to break even as the entire offshore fleet will get re-priced, as per a report by B&K Securities....

U.S. natgas drops 5% to 25-month low on forecasts for less heating demand

U.S. natural gas futures plunged about 5% to a fresh 25-month low on Friday on forecasts for less cold weather and lower heating demand...

DSV says farewell to yet another Panalpina managing director

DSV says goodbye to yet another executive from its Swiss acquisition, Panalpina. The latter's managing director for Denmark steps down from his position. He...

Analysts say DSV could redivest one part of Panalpina

DSV's acquisition Panalpina transports a lot of perishable goods, and this business could be harder to make money from than regular container freight. Could...

DSV expects operating profit of nearly USD 1 billion for 2019

DSV expects its operating profit for the entire year 2019 to come to USD 986 million after its acquisition of Swiss Panalpina earlier this...

COSCO SHIPPING International expected to report a net loss for FY2022

COSCO SHIPPING International (Singapore) Co., Ltd., together with its subsidiaries, wishes to update shareholders that based on a preliminary review of the Group’s unaudited...

Panalpina employees in Italy strike over layoffs

DSV plans to close Panalpina's Italian division and layoff 136 people. In protest, the Italian employees strike all day today, Friday. This comes only...

Stolt-Nielsen expects good times ahead for chemical tanker after new profit

Family carrier Stolt-Nielsen saw strong bottom line progress in both Q4 and the full-year 2022. CEO expects the positive trend to continue. Norwegian chemical tanker...

Major bank points to three potential acquisition targets for DSV Panalpina

Just a few months after DSV completed its transaction with Panalpina, major bank Berenberg points to three new candidates that represent possible acquisition targets...

Stena Line and Peel Ports sign new deal for UK terminal

Stena Line, a Swedish ferry route and port operator, has signed a new deal with Peel Ports to operate their 12 Quays port and...
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