CMA CGM reports 94% drop in profit 

  CMA CGM reported a 94% drop net profit in the third quarter of 2023 as…

Hapag-Lloyd reports ‘extraordinarily strong’ earnings in 2021

  German ocean carrier Hapag-Lloyd recorded “extraordinarily strong” operating results in 2021 thanks to higher freight…

Maersk reports record Q1 profit

  The world’s largest container shipping line A.P. Moller – Maersk reported an “exceptionally strong” first…

Singapore reports new COVID-19 cluster on bunker tanker

  A new cluster of COVID-19 infection has been discovered on among seafarers on onboard a…

Nigerian Navy spokesman says piracy reports ‘false and alarmist’

  The Nigerian Navy has alerted the general public on what it called “false and alarmist”…

Carnival Corp. reports $2bn quarterly loss

  Carnival Corp reported a bigger-than-expected preliminary fourth-quarter net loss on Monday as the cruise operator’s…

AIB releases three accidents, incidents reports

  The Accident Investigation Bureau (AIB) released three final accident and serious incident reports and two…

Halliburton reports $1.7bn Q2 loss

  Giant oilfield services provider Halliburton has recorded a $1.7 billion loss in the second quarter,…

It’s better than expected: Maersk reports Q2 results 

  The world’s top container shipping firm, A.P. Moller-Maersk, said on Wednesday that market demand was…

Asia reports 11 sea piracy, armed robbery incidents in May 

  Asia is seeing an increase in incidents of piracy and armed robbery against ships with…

DP World reports 22% jump in H1 profits

Terminal operator and maritime services company DP World a  22% jump in first half profit to…

2018 budget: Saraki tasks Senate committees on submission of reports

The Senate President, Bukola Saraki, has urged chairpersons of committees to submit their reports on the…