MOL delivers $242m profit for 2018

Japanese shipping company Mitsui O.S.K. Lines (MOL) reverted to profitability in fiscal year 2018, unlike its…

COSCO shipping Ports’ profit drops as volumes rise

Despite a rise in volumes and revenue, the net profit of Hong Kong-based port operator COSCO…

737 MAX: Boeing profit drops by 13.2%

The profit of Boeing has plunged by 13.2% to $2.1 billion on the back of the…

Hapag Lloyd operating profit spikes 32%

German container shipping giant Hapag Lloyd on Monday said increased transport volumes, improving freight rates in…

NNPC records ₦9.85bn profit in September

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦9.85billion for the month…

IATA forecasts profit rebound for airline industry in 2019

  The International Air Transport Association (IATA) on Wednesday said that global airlines will see profit…

Cosco H1 profit falls by 98%

China’s COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it…

Schlumberger profit spikes 52% on higher oil prices

Oilfield services provider Schlumberger on Friday reported an 88 percent rise in quarterly profit as rising…

Bumi Armada’s Q1 net profit more than doubled

Bumi Armada got off to a good start with its net profit in the first quarter…

Pan Ocean first quarter profit plunges 55%

Pan Ocean has reported a 55% year-on-year plunge in first quarter profit despite a rise in…

HHI posts Q1 profit of $410m

Embattled Hyundai Heavy Industries (HHI), presently undergoing a restructuring, has posted a profit for the first…

Shell’s profit after tax more than doubled in 2016 

Royal Dutch Shell on Thursday said profit after tax more than doubled in 2016, helped by…

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