Accordin to a report from AFP, South Korea's second biggest shipbuilder Daewoo Shipbuilding and Marine Engineering said net profit for the three months ended March 31 soared to $222m.
Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,
CEO cautious on 2015 outlook.
Finnish ship engine and power plant maker Wartsila reported a smaller-than-expected quarterly profit and warned lower crude prices
China is closely monitoring the policies of the new Greek government after Athens said this week it will stop the sale of a majority stake in Greece's biggest port,