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Marine Freight & Logistics

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Seaspan Announces Term Sheet For Restructuring Of Swiber Holdings Limited

Wednesday, 3 Oct 2018

Oct 3 (Reuters) - Seaspan Corp ::SEASPAN ANNOUNCES TERM SHEET FOR INVESTMENT IN THE RESTRUCTURING OF SWIBER HOLDINGS LIMITED.SEASPAN CORP - INVESTMENT IS EXPECTED TO BE FUNDED IN TWO TRANCHES.SEASPAN CORP - HAS ENTERED INTO A BINDING TERM SHEET FOR A POTENTIAL INVESTMENT OF UP TO US$200 MILLION.SEASPAN CORP - INTENDS TO FUND INVESTMENT WITH CASH ON HAND..SEASPAN CORP - ENTERED BINDING TERM SHEET FOR INVESTMENT IN RESTRUCTURED SWIBER HOLDINGS LIMITED.

Yinson Holdings Bhd Says Board Has Approved The Proposed Internal Reorganisation Exercise

Monday, 24 Sep 2018

Sept 24 (Reuters) - Yinson Holdings Bhd ::BOARD HAS APPROVED THE PROPOSED INTERNAL REORGANISATION EXERCISE.PROPOSED INTERNAL REORG NOT EXPECTED TO HAVE ANY MATERIAL EFFECT ON THE EARNINGS PER SHARE FOR FY ENDING 31 JANUARY 2019.

CAI International To Combine Hybrid Logistics, Challenger Overseas Brands With CAI Logistics

Tuesday, 31 Jul 2018

July 31 (Reuters) - CAI International Inc ::CAI INTERNATIONAL INC ANNOUNCES ITS HYBRID LOGISTICS AND CHALLENGER OVERSEAS BRANDS TO COMBINE WITH CAI LOGISTICS.CAI INTERNATIONAL - HYBRID LOGISTICS, CHALLENGER OVERSEAS BRANDS TO COMBINE WITH CAI LOGISTICS, UNITING ALL CO'S LOGISTICS SERVICES UNDER 1 BRAND NAME.

Maersk CEO Says Sees Positive Development In Container Shipping Capacity

Thursday, 17 May 2018

May 17 (Reuters) - AP Moeller - Maersk A/S ::A.P. MOLLER-MAERSK CEO SAYS IS GOING TO SHUT DOWN BUSINESS IN IRAN IF PLANNED U.S. SANCTIONS GO THROUGH.A.P. MOLLER-MAERSK CEO SAYS SURPRISED WITH U.S. TRADE RESTRICTIONS IN RELATION TO CHINA; MAY NEGATIVELY IMPACT OUR BUSINESS.A.P. MOLLER-MAERSK CEO SAYS RISE IN OIL PRICE AMID IRAN TENSIONS IS NOT GOOD FOR OUR CONTAINER SHIPPING BUSINESS.MAERSK CEO SAYS SEES POSITIVE DEVELOPMENT IN CONTAINER SHIPPING CAPACITY; SUPPLY BALANCE TO IMPROVE IN H2 '18 AND 2019.MAERSK CEO SAYS NO SIGNIFICANT SYNERGIES FROM HAMBURG SUD INTEGRATION IN Q1, EXPECTS SYNERGIES FROM Q2.

A.P. Moller-Maersk Q1 profit lags forecast, says profitability "unsatisfactory"

Thursday, 17 May 2018

May 17 (Reuters) - AP Moeller - Maersk A/S ::SAYS IN RESPONSE TO CURRENT CHALLENGING MARKET CONDITIONS WE ARE IMPLEMENTING A NUMBER OF SHORT-TERM INITIATIVES TO IMPROVE PROFITABILITY AND WE REITERATE OUR GUIDANCE FOR 2018.SAYS IN Q1 OF 2018, WE REPORTED A 30% REVENUE GROWTH AND INTEGRATION OF BUSINESS IS WELL UNDERWAY WITH A SUCCESSFUL START TO HAMBURG SÜD INTEGRATION AND CLOSING OF MAERSK OIL TRANSACTION IN MARCH WITH AN ACCOUNTING GAIN OF USD 2.6BN.Q1 REVENUE $9,253 MILLION VERSUS $8,755 MILLION SEEN IN REUTERS POLL.CEO SAYS ON SHORT-TERM PERFORMANCE, OUR RESULT ESPECIALLY IN OCEAN RELATED PART OF BUSINESS WAS UNSATISFACTORY.Q1 EBITDA $669 MILLION VERSUS $852 MILLION SEEN IN REUTERS POLL.SAYS EXPECTS2018 UNDERLYING PROFIT ABOVE 2017 AND EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (EBITDA) IN THE RANGE OF USD 4.0-5.0BN.: 2018 ESTIMATED GLOBAL DEMAND GROWTH OF AROUND 3-4%.SAYS ORGANIC VOLUME GROWTH IN OCEAN IS STILL EXPECTED SLIGHTLY BELOW THE ESTIMATED AVERAGE MARKET GROWTH OF 2-4% FOR 2018.SAYS EARNINGS ARE AT AN UNSATISFACTORY LEVEL AND A NUMBER OF INITIATIVES ARE BEING IMPLEMENTED TO RESTORE PROFITABILITY.SAYS NOTING INCREASED UNCERTAINTIES DUE TO GEOPOLITICAL RISKS, TRADE TENSIONS AND OTHER FACTORS IMPACTING CONTAINER FREIGHT RATES, BUNKER PRICES AND RATE OF EXCHANGE..SAYS OCEAN DIVISION Q1 NEGATIVELY IMPACTED BY HIGHER UNIT COSTS AMONG OTHERS DUE TO ADVERSE DEVELOPMENTS IN BUNKER PRICE AND FOREIGN EXCHANGE RATES AS WELL AS HAMBURG SÜD PORTFOLIO MIX.

OT Logistics To Sell 8.75% Of Luka Rijeka To Fund Managed By PFR TFI

Wednesday, 27 Dec 2017

Dec 27 (Reuters) - OT LOGISTICS SA ::.

DFDS Closes ‍Current Terminal Operation In Esbjerg

Thursday, 21 Dec 2017

Dec 21 (Reuters) - DFDS A/S ::REG-CHANGES TO PORT TERMINAL OPERATION IN ESBJERG.‍CURRENT TERMINAL OPERATION IN ESBJERG, DENMARK, WILL BE CLOSED WITH EFFECT FROM TODAY​.

Marenave Schiffahrts terminates Ole Daus-Petersen's appointment as sole member of management board ​

Friday, 17 Nov 2017

Nov 16 (Reuters) - Marenave Schiffahrts AG :DGAP-News: Marenave Schiffahrts AG: change in the management board.Newly formed supervisory board terminated Ole Daus-Petersen's appointment as sole member of management board with immediate effect​.Company's former authorised signatory - was appointed as new sole member of management board​.

Danish Energy Agency approves plans to rebuild Tyra field

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - DANISH ENERGY AGENCY :SAYS APPROVES PLAN TO REBUILD TYRA FIELD IN THE NORTH SEA.SAYS THE TOTAL COST OF REBUILDING THE FIELD IS ESTIMATED TO AMOUNT TO AROUND 20 BILLION DANISH CROWNS ($3.16 BILLION).FRANCE'S TOTAL <<>> AGREED IN AUGUST TO BUY MAERSK'S <<>> OIL AND GAS BUSINESS IN A $7.45 BILLION DEAL nL8N1L70XF.

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