The Greek dry bulk vessel owner benefited from higher time charter rates and enlargement of its fleet.
FMC reviews 20 OTI license applications
Six filings come from each California and Texas; five other states represented.
ONE reports $120 million loss in first quarter
New Japanese container carrier still expects to achieve profit of $110 million in current fiscal year.
Singapore’s PSA buying part of Canadian terminal
Government-owned company’s CEO says Ashcroft Terminal offers an entry point into North American market and opportunity to increase intermodal and inland container depot operations.
Arms export controls earn India license exception
The step up on the strategic trade authorization list means that exports of U.S. technologies controlled for reasons other than national security will be less restricted.
COSCO networks ‘safe and stable’ after cyberattack
The Chinese shipping firm reports its network applications in the Americas have been fully recovered.
Maritime History Notes: The world’s largest schooner
Converted to an oil tanker in 1906, the Thomas W. Lawson became the first pure sailing tankship; it also created the first major oil spill.
CEVA announces pricing of notes offering
The global third-party logistics provider said the previously announced refinancing, including the offering of the notes, is expected to close this Friday.
Costamare profits sink 38 percent in Q2
Gregory Zikos, CFO of the Athens-based containership lessor, attributed the decline primarily to a seasonal softening of demand.
DB Schenker earnings grow on higher volumes
The results were not enough to offset declines in other segments, which pushed first-half profits for parent Deutsche Bahn down 27.9 percent.