Financials News

 

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

Nov 05, 2025

St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year. Net earnings came in at C$39…

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

Nov 06, 2025

Shipping group Maersk reported better-than-expected third-quarter results on Thursday but warned falling freight rates were set to cause losses in its ocean container business during the fourth quarter, sending its shares lower.Maersk, considered a barometer of global trade…

Ocean Network Express Releases Financial Results for Q2 FY2025

Nov 04, 2025

Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025).The revenue for FY2025 2nd quarter was $4.455 billion, with net profit of $285 million.'Our FY2025 2Q results underscore ONE’s resilience and stability in a challenging market…

Nakilat Reports $360m Profit for Q3

Oct 28, 2025

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its financial results for the third quarter of 2025 which ended September 30, 2025, with a net profit of USD$360 million (QAR 1.31 billion), compared to USD$352 million (QAR 1.28 billion) for the same period in 2024…

Allcargo Terminals Reports Q1 Earnings

Aug 11, 2025

Allcargo Terminals Limited has announced its financial results for the quarter ended June 30th, 2025.Summary of Consolidated Financial Results.(₹ in Cr)Particulars(in ₹Crs)Q1FY26Q1FY25Y-o-YQ4FY25Q-o-QRevenue187190-1%1861%EBITDA353015%343%Profit AfterTax (PAT)910…

Maersk Raises Full-Year Profit Forecast

Aug 07, 2025

Shipping group Maersk raised its full-year profit forecast on Thursday as robust global container demand defied fears that tariffs would hit trade, although the company predicted a slowdown later this year.Maersk, viewed as a barometer of world trade…

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Aug 05, 2025

Global freight forwarder Expeditors International of Washington reported second-quarter profit and revenue above Wall Street estimates on Tuesday, helped by higher airfreight and ocean container volumes and bigger custom fees.Airfreight tonnage…

International Seaways Announces Q4 and Full-Year 2024 Financial Results

Feb 27, 2025

International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker companies, today announced financial results for the fourth quarter and full year of 2024, highlighting strong earnings, fleet optimization efforts, and continued shareholder returns…

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…

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

CMA CGM’s Shipping Engine Holds Course in a Volatile Q3

CMA CGM’s Shipping Engine Holds Course in a Volatile Q3

Mitsubishi Shipbuilding Delivers Vessel KEYAKI

Mitsubishi Shipbuilding Delivers Vessel KEYAKI

Online Training Helps Maritime Professionals Recognize Signs of Human Trafficking

Online Training Helps Maritime Professionals Recognize Signs of Human Trafficking

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

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