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Marine Freight & Logistics

Egyptian Transport and Commercial Services forecasts 2017 net profit of EGP 18 mln

Egyptian Transport And Commercial Services Co : Sees 2017 net prfoit after tax EGP 18 million Source: (http://bit.ly/2keolAu) Further company coverage: [ETRS.CA] (((Bengaluru Newsroom; +1 646 223 8780; ))) ((Bangalore.newsroom@thomsonreuters.com;)).

12:56pm IST

Cosco Shipping Development enters capital increase agreement

Cosco Shipping Development Co Ltd : Entered into capital increase agreement with China Shipping and CS Energy .Pursuant to deal China Shipping, co and CS Energy have agreed to increase registered capital of cs finance company by RMB600 million.

Friday, 20 Jan 2017

COSCO Shipping's unit to subscribe Qingdao Port's shares

COSCO Shipping Holdings Co Ltd :Says unit of COSCO Shipping Port signs agreement to subscribe Qingdao Port's shares for 5.8 billion yuan ($843.64 million).

Friday, 20 Jan 2017

Cosco Shipping Energy Transportation enters into capital increase agreement

Cosco Shipping Energy Transportation Co Ltd : Company entered into capital increase agreement . China Shipping, CSD and Co agreed to increase their respective capital contributions to CS Finance Company .Upon completion of capital increase, registered capital of cs finance company will be increased...

Friday, 20 Jan 2017

Swissco Holdings Ltd updates on applications for judicial management

Swissco Holdings Ltd : IJMS wish to announce that on 5 Jan 2017, IJMS filed report providing update .Update on status of co and SOPL and prospects of achieving one or more of statutory objectives of judicial management.

Friday, 20 Jan 2017

FESCO 11-month EBITDA $83.3 mln, down 20.8% YR/YR

FESCO : Says November EBITDA $9.0 million versus $10.5 million in October .11-month EBITDA $83.3 million, down 20.8 percent versus year ago.

Thursday, 19 Jan 2017

Trencor says Hennie van der Merwe to be appointed CEO at AGM

Trencor Ltd : At AGM on June 6, Jimmy McQueen will retire as CEO, executive director and chairman of executive committee .Hennie van der Merwe, currently part-time exec director, will be appointed as CEO and chairman of executive committee at AGM on June 6.

Thursday, 19 Jan 2017

Capital Product Partners announces increased cash distribution

Capital Product Partners LP : Capital Product Partners LP announces increased cash distribution .Capital Product Partners - declared cash distribution of $0.08/common unit for Q4 2016, represents increase of $0.005 from $0.075 per unit for Q3 2016.

Thursday, 19 Jan 2017

Diana Shipping announces Time Charter contracts for m/v Santa Barbara with Cargill, m/v Salt Lake City with Uniper

Diana Shipping Inc : Diana Shipping Inc announces Time Charter contracts for m/v Santa Barbara with Cargill and m/v Salt Lake City with Uniper . Diana Shipping Inc - charter is expected to commence on January 24, 2017. . Diana Shipping - gross charter rate is us$12,000 per day, minus a 4.75%...

Wednesday, 18 Jan 2017

China Dalian International Cooperation (Group) Holdings says stake in three firms have been transferred to co's units

China Dalian International Cooperation (Group) Holdings Ltd :Says 60 percent stake in Changzhou-based electronic tech firm, 51 percent stake in Hebei-based new materials firm and 51 percent stake in Xiamen-based new materials firm have been transferred to co's wholly owned units.

Monday, 16 Jan 2017

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