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27 Jul
World
CMA CGM in new talks for cash injection
28 Jul
Asia/Pacific
New tax for China's imported fuel oil
26 Jul
Europe
Resignations at MF Global's UK-based fuel oil swaps desk
23 Jul
M.E./Africa
Vitol on course to buy African downstream businesses from Shell
8 Jul
World
BP begins investigation into staff resignations
Company Results News
12 hrs ago
Bunker costs push tanker company into the red
General Maritime Corp reports larger-then-expected second-quarter losses.
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19 hrs ago
Samudera back in black
Posts Q2 profit of $0.6 million after three quarters of losses.
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23 hrs ago
EMS weathers the storm in Q2
Reports steady revenues but divested its ship management division.
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27 Jul
Surcharges fail to cover increase in bunker costs
Horizon Lines reports 'modest' Q2 growth.
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26 Jul
Navios Maritime to acquire seven VLCCs
Financing through $453 million in debt, $11 million through shares and $123 million in cash.
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26 Jul
Mercator Lines reports 30% Q2 gains
Profits at $13 million, 30% gain from the same period in 2009.
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23 Jul
Profits double for Euronav
Attributes profits to better performing VLCC fleet and sale of a VLCC.
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23 Jul
Keppel Corp's Q2 net profit up 9.4%
While the results beat forecasts, analysts feel the margins cannot be sustained.
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22 Jul
Pacific Shipping Trust distributes $0.79 per unitholder
Lower distribution is due to increased commitments to retained earnings for its two new Capesize builds.
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19 Jul
China COSCO forsees H1 profit
Largely due to a 'significant increase' in revenues from its shipping operation.
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14 Jul
CMA CGM to post $1 billion operating profit for H1
Targets $1.8 billion in operating profit for full year 2010.
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13 Jul
CSCL to post H1 profit
Sister company China Shipping Development, meanwhile, forsees 50% increase in profit.
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8 Jul
Maersk 2010 profit to exceed 2008 levels
Lifts profit forecast on the back of an improvement in the box shipping business.
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6 Jul
Hapag-Lloyd lifts profit forecast
Box shipping firm to post 'significantly positive operating earnings', says parent firm TUI.
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2 Jul
Bunker Holding posts profit in 'crisis' year
Retains volume and increase its market share in the fiscal year 2009/2010, says Vice CEO.
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1 Jul
Tanker operator sees profits climb
Stolt-Nielsen's tanker division says bunker costs have been 'stable'.
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