Financials News

 

ZIM 2Q Revenues Plunge 62%

Aug 16, 2023

Pain in the containershipping sector is not uncommon in 2023, and Israel's ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is no exception, today reporting 2Q and six month results:Net loss for the second quarter was $213 million, negatively impacted by a non-cash after tax item of $51 million related to the redelivery of certain vessels.Operating loss (EBIT) for the second quarter was $168 million…

SAAM Reports 40% Jump in Revenue

Nov 08, 2021

SAAM, a provider of port, towage and logistics services in 14 countries in the Americas, reported net income of $55.5 million for the nine months ended September 2021, up 40% from the January-September period in 2020. EBITDA reached $202.3 million and sales totaled $548…

Logistics News

DP World Opens New Sites in Romania

DP World Opens New Sites in Romania

Port of Hamburg Offering Shore Power for Containerships

Port of Hamburg Offering Shore Power for Containerships

Great Sodus Bay Breakwater Repair Out for Proposals

Great Sodus Bay Breakwater Repair Out for Proposals

Port of Halifax Adds New Electric Gantry Cranes

Port of Halifax Adds New Electric Gantry Cranes

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