Rates for capesize bulk carriers on key Asian routes are set to remain in the doldrums next week, staying flat or gaining just a few cents as an oversupply of ships weighs on cargo availability,
International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here:
he Company reported a net loss of $664,
The MOL President Koichi Muto explains his strategies in a letter to shareholders in the company’s Annual Report 2014 and reports an ordinary income of ¥54.9 billion and net income of ¥57.
Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014. Following are highlights for this period and excerpts
The US Department of Defense informs it has awarded separate contracts to BAE Systems in Jacksonville and in Norfolk for ship repairs and modifications as follows:
The Board of Directors of Exxon Mobil Corporation yesterday declared a cash dividend of 69 cents per share on the Common Stock, payable on September 10, 2014 to
Port Manatee has been awarded a $1,837,500 security grant, allowing the port to proceed with three significant projects.
The award, the second-highest for any
TOP Ships Inc., an international owner and operator of modern, fuel efficient "ECO" MR tanker vessels focusing on the transportation of petroleum products, announced
Whiting Petroleum Corp, which produces oil in North Dakota and Colorado, said on Wednesday its quarterly profit rose 12 percent as production rose across the company's portfolio.
The European Commission published the names of eight Russians, including some of President Vladimir Putin's associates, and three companies which will have their
Banco Bradesco SA and Banco Santander Brasil SA have agreed to extend new loans to power distributors, a government source told Reuters on Wednesday, asking not
Russian banks and companies shut out of Western funding markets are unlikely to be greeted with open arms and ready wallets in Asia, international bankers and industry experts say.
Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Wednesday it had bought 175,000 metric tons of Russian wheat for shipment Sept.
Italy's state holding company Cassa Depositi e Prestiti (CDP) said on Wednesday its board had approved the sale of a 35 percent stake in its energy grid holding
The 53rd U.S. Army Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers, Lt. Gen. Thomas P. Bostick, visited the Port of Houston Authority
Steel pipes maker Vallourec turned in a second quarter net profit rise of 41.9 percent to 88 million euros ($117.67 million) on Wednesday and repeated its recent
Fuel marketer Mobil Nigeria , a local unit of ExxonMobil said on Wednesday its half year to June pre-tax profit more than doubled to 6.15 billion naira ($38.01 million), compared with 2.
The head of Russia's state development bank has ruled out taking part in a rescue of ailing miner Mechel, possibly making a rival government-promoted debt-for-equity
Italy's biggest renewable company Enel Green Power is mulling the sale of all of its EGP France business because of a lack of critical mass in France, the company said in a slide.
CME Group Inc, the world's largest futures exchange operator, said on Wednesday it would buy derivatives broker GFI Group Inc to expand its reach in the European