The company’s profit reached QAR 892 million during the period, compared to QAR 847 million reported in 2017. Excluding the 2017 one-off item, the 2018 net profit increased by 14%, the company said. The key drivers of Nakilat’s stronger financial performance were the implementation of its long-term plans to diversify and seek new business opportunities…
The keel laying ceremony of “Silver Moon”, the second of three new ultra-luxury cruise ships that Fincantieri is building for Silversea Cruises took place at the Ancona yard. The vessel will enter the ship owner’s fleet in 2020. “Silver Moon” will be a sister ship of “Silver Muse”, which took the sea in 2017, and…
Shri Nitin Gadkari to launch the new policy during the Regional maritime safety conference in Mumbai tomorrow Over 30 delegates from South and South East Asian countries to participate in the two-day conference. In a big step to promote the Make in India initiative and incentivize shipbuilding activity in the country, the Ministry of Shipping…
Moving a step ahead towards ensuring optimum use of National Waterways, the Inland Waterways Authority of India (IWAI) launched a new portal LADIS – Least Available Depth Information System here today. LADIS will ensure that real-time data on least available depths is disseminated for ship/barge and cargo owners so that they can undertake transportation on…
Mitsui O.S.K. Lines, Ltd. (MOL) announced that its group company, MOL Chemical Tankers Pte. Ltd. has acquired a 20% stake in Den Hartogh Holding B.V. (Den Hartogh) from Den Hartogh Beheer B.V. After the acquisition, MOL Chemical Tankers and Den Hartogh will sign a partnership deal aimed at jointly expanding the “leading global logistics company”…
Maersk Honam Section on Its Way to South Korea The containership’s 228.5-meters-long section from midship to stern section was loaded aboard the heavy-lift vessel Xin Guan Hua on open waters outside Dubai on February 2. Currently, in transit, the vessel is expected to pass Singapore Strait on February 18, 2019. The heavy-lift unit is scheduled…
The company widened its loss in the fourth quarter to USD 48 million, compared to a loss of USD 31 million reported in the third quarter of the year and a net income of USD 104.3 million reported in the fourth quarter of 2017. Odfjell said that the results reflect a weak chemical tanker market…
The 20,170 TEU MOL Tribute achieved the record on its Singapore westbound departure to North Europe on February 11, 2019, and it was the first time for ONE to surpass 19,000 TEUs containers onboard. The large container vessel (ULCV) is deployed in ONE’s Far East Loop 2 (FE2) service in THE Alliance (THEA). With a…
Silver Moon will be a sister ship of Silver Muse, which took the sea in 2017, and of Silver Dawn due to delivery in 2021. The 40,700 gross ton cruise ship, which will have a capacity to accommodate 596 passengers on board, is expected to enter the ship owner’s fleet in 2020. Silver Moon, which…
The 25,600 dwt handy size dry bulk cargo vessels, Haaga and Viikki, the first of their kind to use LNG, were delivered to the company in 2018. In the fourth quarter, both vessels arrived fully laden to the Baltic Sea via the Northern Sea Route. However, “extensive and serious problems” in the conventional mechanics of high-power cranes, which are subject to warranty,…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More
