Cosco Shipping Holdings Co Ltd says it expects net profit of about 2.7 billion yuan in 20117 versus net loss of 9.9 billion yuan a year ago. (Reporting by Hong Kong newsroom)
The Baltic Exchange's main sea freight index fell for the second straight session on Tuesday, weighed down by lower rates across vessel categories. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities…
Ivory Coast exported 701,034 tonnes of natural rubber in 2017, up more than 31 percent from the previous year, provisional port data showed on Tuesday. Ivory Coast, the world's top cocoa producer, is also the leading producer of natural rubber in Africa…
The Baltic Exchange's main sea freight index inched lower on Monday, ending a five-day winning streak, as rates for panamax and smaller vessels eased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities…
Chinese iron ore futures fell to their weakest level in a month on Monday as demand for the steelmaking commodity remained slow in the world's top buyer, keeping stocks at its ports near a record high. Arrivals in China were also sustained…
Jinzhou Port Co Ltd : Sees FY 2017 net profit to increase by 145 percent to 165 percent Says FY 2016 net profit was 55.5 million yuan Says enhanced profitability, and received subsidies as main reasons for the forecast
Canal Shipping Agencies Co: H1 net profit after tax EGP 79.5 million versus EGP 153.7 million year ago Sees FY 2018-2019 net profit of EGP 155 million
Russian wheat export prices rose last week due to higher global benchmarks and the strengthening of the rouble against the dollar, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content were at $194…
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index gain by 432 points in the week ending Monday to 4,387.'A weekly gain of 432 points lifts the SSY Pacific Capesize Index to 4,387 points. This is 940 points above the year-ago level…
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index gain by 128 points in the week ending Monday to 6,825.'After falling to a five-month low last week, the SSY Atlantic Capesize Index rebounded by 128 points from the previous week to 6…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Friday marked its first weekly gain in three as rates for capesize and panamax vessels improved. The overall index, which factors in rates for capesize…
Jefferies optimistic on stocks of LNG, LPG and dry bulk shippers With spot rates at 4-year highs, brokerage says, 'we believe additional LNG liquefaction terminals will continue to stimulate LNG shipping demand above and beyond LNG shipping…
China on Friday outlined its ambitions to extend President Xi Jinping's signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official Arctic policy white paper, China…
The Baltic Exchange's main sea freight index rose on Wednesday for the third straight session, supported by firmer rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…
Ecoslops announces that it has made further progress in its project to expand in Egypt by signing a Memorandum of Understanding (MoU) with the Suez Canal Economic Zone for the development of a detailed feasibility study. The potential for…
