Companies

Companies

DSV upgrades expectations for 2022 after “a strong set of results” in first quarter

portnews - April 27, 2022

Following a doubled profit in Q1, DSV upgrades its full-year guidance to DKK 21-23bn (USD 3.1-3.4bn). Outlook of declining economic growth may become a...

Companies

Brunswick to acquire portfolio of US marine assets

portnews - April 27, 2022

Brunswick Corporation has announced it has reached an agreement to acquire a portfolio of marine assets in the Southeast United States. The transaction includes the...

Companies

Amazon Plans to Invest $1 Billion in Logistics and Robotics Companies

portnews - April 27, 2022

Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to...

Companies

Keppel O&M and Sembcorp Marine Join Up in Offshore-Yard Megamerger

portnews - April 27, 2022

Singaporean industrial conglomerates Keppel Corporation and Sembcorp have signed an agreement to merge their offshore shipyard divisions, Keppel O&M and Sembcorp Marine.Keppel's shareholders will...

Companies

Carriers on course for a $300bn profit as Maersk hikes guidance by $6bn

portnews - April 27, 2022

Ocean carriers are set to smash all previous earnings records in the first quarter, and are on course for colossal full-year profits of $300bn...

Companies

Hapag-Lloyd to roll-out IoT container monitoring

wpoadmin - April 27, 2022

Global shipping line Hapag-Lloyd has agreed a deal with ORBCOMM to implement its telematics technology to provide end-to-end visibility of Hapag-Lloyd’s fleet of dry...

Companies

Yangzijiang spin-off to make STI Index debut on April 28

portnews - April 27, 2022

The spin-off will have the same investable weight as Yangzijiang Shipbuilding. Yangziiang Shipbuilding's spin-off, Yangzijiang Financial Holding (YZJFH), will make its debut in the STI...

Companies

EuroDry Ltd to acquire M/V Santa Cruz

portnews - April 27, 2022

EuroDry Ltd, an owner and operator of dry bulk vessels and provider of seaborne transportation for dry bulk cargoes, has agreed to acquire M/V...

Companies

Milaha revenues reach over $250 million in Q1 2022

portnews - April 27, 2022

Qatar Navigation (Milaha) has announced its financial results for the first three months of 2022, posting revenues of over $250 million. The group’s operating revenue...

Companies

Evergreen May Offload Ever Given’s Cargo

wpoadmin - April 17, 2021

As negotiations drag on between the Suez Canal Authority and the owners, operators and insurers of the boxship Ever Given, charterer Evergreen is contemplating...

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