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Marine Freight & Logistics

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Navios Maritime Acquisition Corporation Sells One VLCC For $44.5 Mln

Monday, 26 Mar 2018

March 26 (Reuters) - Navios Maritime Acquisition Corp ::NAVIOS MARITIME ACQUISITION CORPORATION AGREES TO SELL ONE VLCC TO NAVIOS MARITIME MIDSTREAM PARTNERS L.P. FOR $44.5 MILLION.NAVIOS MARITIME ACQUISITION CORP - INTENDS TO USE PROCEEDS FROM SALE OF VESSEL FOR REPAYMENT OF INDEBTEDNESS, REINVESTMENT IN VESSELS, OTHERS.NAVIOS MARITIME ACQUISITION CORP - ALSO AGREED TO EXTEND CHARTER RATE BACKSTOP OF SHINYO KANNIKA TO NAVE GALACTIC.NAVIOS MARITIME ACQUISITION - SALE OF NAVE GALACTIC DEAL BEEN UNANIMOUSLY APPROVED BY SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS OF NAVIOS ACQUISITION.NAVIOS MARITIME ACQUISITION - NAVE GALACTIC TO BE SUBSTITUTED BY NAVE EQUINOX AND NAVE PYXIS MR2 PRODUCT TANKERS.

‍DFDS To Restructure Italian Logistics Activities Following Unsatisfactory Results

Monday, 5 Mar 2018

March 5 (Reuters) - DFDS A/S ::REG-COMPANY ANNOUNCEMENT NO. 19 2018.‍ITALIAN LOGISTICS ACTIVITIES ARE TO BE RESTRUCTURED FOLLOWING UNSATISFACTORY RESULTS.​.‍DFDS' ITALIAN LOGISTICS ACTIVITIES ARE TO BE RESTRUCTURED FOLLOWING UNSATISFACTORY RESULTS.​.‍WAREHOUSING AND DISTRIBUTION ACTIVITIES BASED IN FAGNANO, NORTH OF MILAN, WILL CEASE AS PER 1 APRIL 2018​.‍THESE ACTIVITIES WILL BE OFFERED BY OTHER OPERATORS OR CEASE LATEST 1 APRIL 2018.​.‍RESTRUCTURE IS EXPECTED TO REDUCE REVENUE OF ITALIAN LOGISTICS ACTIVITIES IN 2018 BY AROUND DKK 225M COMPARED TO 2017​.‍RESTRUCTURE IS EXPECTED TO ENTAIL A SMALL EARNINGS IMPROVEMENT IN 2018 EXCLUDING ONE-OFF COSTS OF AROUND DKK 15M​.‍REVENUE GROWTH OUTLOOK FOR 2018 IS UNCHANGED AT AROUND 2% ADJUSTED FOR RESTRUCTURING OF ITALIAN LOGISTICS ACTIVITIES​.‍EBITDA 2018 OUTLOOK IS LIKEWISE UNCHANGED.​.2018 ‍OUTLOOK FOR SPECIAL ITEMS IS CHANGED TO DKK -45M FROM PREVIOUSLY DKK -20M​.

China Merchants Energy Shipping Gets Regulatory Approval For Asset Acquisition

Friday, 2 Feb 2018

Feb 2 (Reuters) - China Merchants Energy Shipping Co Ltd <601872.SS>::SAYS IT GETS SECURITIES REGULATOR'S APPROVAL FOR ASSET ACQUISITION.

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.

DFDS Logistics activities in Belfast restructured

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - DFDS A/S ::REG-LOGISTICS ACTIVITIES IN BELFAST RESTRUCTURED.‍REEFER LINE-HAUL BUSINESS WILL BE TAKEN OVER BY MANFREIGHT LTD. EFFECTIVE FROM NOV 1 2017.‍TOTAL ANNUAL REVENUE OF ACTIVITIES INCLUDED IN RESTRUCTURING IS AROUND DKK 250M​.‍RESTRUCTURING WILL RESULT IN AN ACCOUNTING LOSS IN 2017 OF AROUND DKK 10M​.‍RESTRUCTURING IS EXPECTED TO LEAD TO AN IMPROVEMENT OF EARNINGS FOR ACTIVITIES BASED IN BELFAST IN 2018​.

CGN Nuclear Technology Development sees Q1~Q3 FY 2017 net profit to be 225-245 mln yuan

Monday, 16 Oct 2017

Oct 16 (Reuters) - CGN Nuclear Technology Development Co Ltd <000881.SZ> ::Sees Q1~Q3 FY 2017 net profit to be 225 million yuan to 245 million yuan.Says Q1~Q3 FY 2016 net profit was 222.8 million yuan (after restructuring).Says accomplishment of major assets restructuring as main reason for the forecast.

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