Torm earnings hit by weaker freight rates
Nasdaq-listed tanker operator outperforms its peers across all asset classes partly because of cost controls, says Evercore
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CHART/TABLE: Large crude tankers likely to yawn at Iran, jump for Opec
Sanctions on Iran may have an overall negligible impact on tonne-mile demand, based on past experiences
Related StoriesNew capacity no major threat to Asia-Europe ocean ratesIran trade implications unclear, say forw…
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Maersk Revenue Up 30% YOY in Q1
In Q1 2018, A.P. Moller – Maersk had a revenue growth of 30% to USD 9.3bn, 10% excluding Hamburg Süd, with growth in all business segments and a strategic transformation well underway. A.P. Moller – Maersk reiterates its expectations for 2018 of an und…
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Soget Appoints Herve Cornede as Executive Director
The leading Port Community System operator in France SOGET appointed Hervé Cornède as the Executive Director of the company. Hervé Cornède was appointed as the Commercial Director of the port of Le Havre in September 2009 and then Commercial and Market…
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Kalmar Plans to Offer Fully Electric Lineup by 2021
Kalmar, part of Cargotec, announces its commitment to reduce emissions in cargo and material handling operations by fostering eco-efficient technologies. According to the commitment Kalmar’s full offering will be available as electrically powered versi…
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