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…

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…

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

Liebherr USA Appoints New Divisional Director

Liebherr USA Appoints New Divisional Director

Port Houston Surpasses Three Million TEUs

Port Houston Surpasses Three Million TEUs

Trump, Xi Pause Port Fees on Each Other's Vessels

Trump, Xi Pause Port Fees on Each Other's Vessels

US Grants India Sanctions Waiver to run Iranian Port

US Grants India Sanctions Waiver to run Iranian Port

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