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…

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

Crowley Expands International Shipping By Connecting U.S. Northeast and Central America

Crowley Expands International Shipping By Connecting U.S. Northeast and Central America

First Digital Fuel Certificate Issued for Ammonia Bunkering

First Digital Fuel Certificate Issued for Ammonia Bunkering

Panama Warns of Middle East Security and Sanctions Risks

Panama Warns of Middle East Security and Sanctions Risks

Louis Dreyfus Company Selected to Operate Grain Export at Burns Harbor Port

Louis Dreyfus Company Selected to Operate Grain Export at Burns Harbor Port

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