December 29, 2025
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CMA CGM’s first three quarters boost revenues and earnings despite Q4 slowdown

March 7, 2023 International Shipping, Trending News
MARSEILLE : French ocean carrier CMA CGM has achieved significant increases in its main financial figures in 2022, compared to the previous year. In particular, the Marseille-headquartered company noted a 33.1% growth in revenues

Hapag-Lloyd publishes 2022 annual report and announces forecast for the current financial year

March 3, 2023 International Shipping, Trending News
HAMBURG : Hapag-Lloyd published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5 billion (EUR 19.4 billion). EBIT grew to USD 18.5

AD Ports Group announces record financial results for full-Year 2022 reporting 41% revenue growth to…

February 17, 2023 Foreign Ports, Trending News
ABU DHABI : AD Ports Group a global premier facilitator of logistics, industry and trade, today announced its financial results for the 12 months ended December 31, 2022, reporting strong operational and financial performance, with

Dredging Corporation posts highest Q3 turnover of Rs 372 Cr

February 13, 2023 Maritime, Trending News
NEW DELHI : Dredging Corporation of India Limited (DCIL) has posted its highest ever third quarter turnover of Rs. 372.30 crore since inception for the financial year 2022-23. It has clocked a profit of

Government faces dilemma as Adani Ports becomes ‘circumspect’ on CONCOR deal

February 9, 2023 Logistics, Trending News
MUMBAI : The government’s plan to privatise Container Corporation of India Ltd will likely face a dilemma with the strongest contender for the deal – Adani Ports and Special Economic Zone Ltd – turning

Maersk achieves record annual earnings and revenues

February 9, 2023 International Shipping, Trending News
COPENHAGEN : In a year that we saw Maersk falling from the top of the rankings of the world’s largest container shipping companies, the Danish container carrier achieved strong results with increases in earnings and revenues.

Hapag-Lloyd achieves extraordinarily strong result in its anniversary year 2022

February 1, 2023 International Shipping, Trending News
HAMBURG : On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion (EUR

JSW Steel Q3 net profit falls 88% on beleaguered exports, revenue up nearly 3%

January 21, 2023 Trade, Trending News
MUMBAI : JSW Steel, the country’s largest steelmaker by capacity, on Friday reported a 88% decline in consolidated net profit for the December quarter profit at ₹490 crore, hurt by lower exports. It was

CMA CGM’s earnings soar on shipping rush

November 20, 2021 International Shipping, Trending News
MARSEILLE : CMA CGM on Friday reported a surge in third-quarter earnings and said it expected an even stronger performance for the end of the year as intense demand kept freight rates high and

Hapag-Lloyd’s profit skyrockets to US$6.7 billion in first nine months

November 13, 2021 Trade, Trending News
HAMBURG : Hapag-Lloyd‘s profit skyrockets to US$6.7 billion ,it has concluded the first nine months of 2021 with an EBITDA of US$8.2 billion, while the EBIT was also much higher than in the prior-year
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