Maersk’s Andersen unhappy
Danish giant’s first quarter results are largely in line with those of a year ago, but CEO “not satisfied”.
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Sanko Steamship stuck in limbo
Seized bulker still in custody after Cobelfret helps troubled Japanese operator clear first hurdle in race to lift arrest.
Nam Cheong shares looking hot
Investors should be making eyes at Malaysian shipbuilder following “stellar” start, analyst says.
Ultrapetrol hit by drought
Soybeans drain away South American owner’s profit as river levels fall but offshore shows promise.
Hyundai Mipo Dockyard slumps
Korean shipbuilder falls short of market expectations in the first quarter.
Fairstar chokes on poison pill
Oslo-listed owner bats away “low ball” takeover bid and gives Dockwise a dressing down.
FreeSeas inks deal to free cash
Agreement with fund manager will allow Ion Varouxakis-led owner to raise funds via share sales.
Euroseas sinks to $9m loss
Aristides Pittas-led bulker and boxship owner dragged down by loss from disposal of feeder vessel.
TTA improving, but still losing
Thai shipowner was firmly in the red in the second quarter, but results were better than Q1 disaster.
Box Ships in profitable start
Michael Bodouroglou-led containership owner beings 2012 on a positive note with talk of market upturn.
Northern hit by idle rigs
John Fredriksen’s other drilling company reports a second quarter loss as it prepares rigs for new charters.
NewLead Holdings bets on bluegrass
US-listed owner lines up surprise Kentucky thermal coal venture as massive debt load and losses prompt strategy shift.
Allied closes in on cash lifeline
Dimitris Marinis-backed operator says cash infusion will be the key to avoiding insolvency and restoring tarnished reputation.
Fesco profit soars in first quarter
Russian liner company boosted by one-off gains despite weaker operating result as costs rise.
Tokyo Kisen's annual result weaker
Japanese tug owner hurt by lower revenue in year to 31 March, but current 12 months looking better.
Solvtrans stronger in first quarter
Norwegian wellboat owner pushes up profit as fleet utilisation rises.
Titan Petrochemicals nears tipping point
Cash-strapped owner in dire straits as it sheds ageing product tankers while Grand China drama continues unresolved.
Courage Marine up on sales
Disposals help Hsu Chih Chien-led bulker owner to curb first quarter loss.
North-Western reduces losses
Russian cargoship owner sees first quarter deficit shrink 31% despite revenue fall.
Allied ices talk of Achilles heel
Embattled Greek bulker clan's legal eagle says dry downturn wasn’t the root cause of crippling cash squeeze.
DVB Bank takes a dip in the first
Wolfgang Driese-led bank sees its first quarter numbers take a backward step in a difficult market.
TransAtlantic takes drastic action
Fourteenth straight quarterly loss sparks reorgansition and cost cutting plan.
Mermaid Maritime bags rig extension
Singapore-listed offshore owner seals $16m deal as it strips back losses.
Deeper red for STX Pan Ocean
South Korean owner sees first quarter deficit double following slump in major markets.
‘Relaxed’ Carsten Mortensen takes stock
Norden CEO buys up $170,000 worth of shares in the shipowner as he talks tactics on expansion and recruitment.
Kuribayashi Steamship recovering
Japanese ro-ro owner has reduced annual losses as it forecasts profit this year.
JES International profit chopped
Higher costs hurt Chinese shipbuilder in first quarter, as new vessel types prove expensive.
STX OSV sees earnings shaved
But the Singapore-listed shipbuilder says the signs point to renewed demand for high spec tonnage.
Dockwise move enters final straight
Oslo-listed owner launches unconditional mandatory offer for compatriot heavylift outfit Fairstar without raising bid.
GC Rieber Shipping cuts deficit
Oslo-listed owner chops first quarter loss as it nears buyout of seismic player Armada Seismic.
Norden red but ahead in Q1
Danish owner sees bottom line change colour thanks to a huge impairment, but its adjusted figures beat forecasts.
Analysts line Capital catwalk
Terms of nine-digit fundraising exercise met by mixed reviews on Wall Street but most agree payout preservation is positive.
GLBS caught in arbitration avalanche
Globus Maritime’s first-quarter financials overshadowed by $2.5m in unsettled claims against Transgrain and Allied Maritime.
CPP seals debt refinancing
Evangelos Marinakis-led tanker owner pushes back interest payments as it sells $140m of convertible units.
Sanko Steamship sells AHTS pair
Malaysian offshore owner raids Japanese owner for twin anchor handlers.
Global Ship Lease off to steady start
New York-quoted containership owner sees hope on the horizon following profitable quarter and freight rate increase.
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