• 2019 April 15 10:54

    DeloPorts’ consolidated revenue for 2018 grew by 35.6% YoY to RUB 11.919 billion

    OOO “DeloPorts” , a major Russian stevedoring holding, consolidating the assets of Delo Group in the grain and container segments in the port of Novorossiysk, has published its consolidated financial results for 2018 in accordance with IFRS.

    Key financials

    • Consolidated revenue RUB 11,919 mln (+35.6%)
    • Consolidated EBITDA RUB 8,781 mln (+44.4%)
    • EBITDA margin 73.7% against 69.2% in 2017
    • Operating cash flow RUB 6,810 mln (+36.9%)
    • CAPEX RUB 4,562 mln (+36.9%)
    • Net debt RUB 19,333 mln (x3 increase compared to 31 December 2017)
    • Net debt/EBITDA 2,2x versus 1,0x as of 31 December 2017

    Key operating results

    • Total volume of cargo handling 8.7 mln tonnes (+13%)
    • Grain handling volume 4.8 mln tonnes (+14.3%)
    • Container throughput 333 thous. TEUs (+10%)

    Key corporate events

    • Since March 2018 all vessels handled at DeloPorts terminals are served by own tug boats
    • The monthly record of container handling established in December 2018 with 45,089 TEUs
    • Contracts for the 5th and 6th tugboats signed with Damen Shipyards Group.
    • In 2018 the Company reached the maximum revenue and EBITDA in all its history.                                                                                                                                   

    Igor Yakovenko DeloPorts CEO commented on the Company’s IFRS financial results:

    “In 2018 we have established the new operating and financial records for the Company. The intensification of container transshipment, favorable grain export market conditions and a range of operating improvements including serving vessels with own tug boats, allowed us to increase the total throughput by 13% compared to 2017. DeloPorts’ consolidated revenue increased by 35.6% due to operations profitability growth –the share of export laden containers increased, as well as profit margins from bunkering operations. The USD exchange rate fluctuations also effected the result since the Group’s rates were set is dollars.  DeloPorts demonstrated a 44.4% growth in EBITDA and 73.7% in EBITDA margin compared to 2017. Good operating and financial results mirror DeloPorts objective to reach our strategic goals focusing on the clients”.

2019 April 20

16:31 CMA CGM announces FAK rates for Asia - the Middle East Gulf trade
15:02 MOL pledges support for Mozambique in wake of devastating cyclone
14:42 USCG Cutter Waesche crew returns home after 95-day counter-narcotics patrol
13:27 CMA CGM announces FAK rates for Asia to Pakistan / India / Sri Lanka trade
13:12 Carnival Cruise Line, CFVI unveil revitalized Griffith Park in St. Thomas for local children
12:26 BC Ferries celebrates Earth Day with the return of the Spirit of Vancouver Island
11:04 Certification of Arkona offshore wind farm by DNV GL confirms safe and reliable power supply
10:49 Navios Maritime Acquisition Corporation announces $103.2 million sale and leaseback transaction
10:38 Boskalis acquires EUR 75M dredging contracts in Indonesia

2019 April 19

18:07 Keppel posts net profit of S$203M in 1Q 2019
17:28 Passenger Port of Saint-Petersburg to complete Phase 1 of Berth No7 reconstruction in summer 2019
17:04 Saudi Aramco partners with the Saudi Contractors Authority fostering collaboration at ‘Future Projects Forum’
16:57 BAE Systems Jacksonville secures Navy's conntract mod for DDG 117
15:04 Hyundai LNG Shipping announces order for one VLGC at HHI
14:55 Marina for 100 yachts to be built in Feodosia by Firm “TES” LLC
14:10 C-Fenna successfully completes Fugro 1200 jackup towing operations
13:32 ESPO congratulates Port of Huelva for renewing EcoPorts’ environmental management standard
13:07 Spirit of Vancouver Island vessel returns to service after mid-life upgrade including conversion to natural gas
12:44 New High Bay Container Storage system launched as “BOXBAY”
12:10 ABS teams with industry leaders to improve container vessel safety
11:39 Port Arthur LNG receives FERC authorization for export project in Texas
11:08 Dual-fuel AET tankers conduct maiden LNG bunkering
10:43 Largest barge of Azerbaijan Caspian Shipping Company undergone overhaul
10:19 Brent Crude futures price is down 0.04% to $71.95, Light Sweet Crude – up 0.38% to $64
09:56 Bunker prices are sable at the port of Saint-Petersburg, Russia (graph)
09:35 TransContainer’s transportation volumes in Q1’2019 increased by 7.7% Y-o-Y to 492,000 TEUs
09:17 Baltic Dry Index is up to 790 points
07:42 GTT receives an order from DSME for the tank design of a new LNG carrier

2019 April 18

18:36 South Stream Transport B.V. and Saipem announce the amicable settlement of mutual differences
18:06 Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
17:36 WinGD reports strong first quarter 2019
17:11 Launching ceremony held for eighth shallow-draft barge of Project ROB20
17:05 SOFEC completes engineering, supply and delivery of mooring system
16:26 Port of Murmansk to welcome eight cruise liners in summer season of 2019
16:05 Cooperation agreement between Eimskip and Royal Arctic line approved by the Icelandic Competition Authority
15:44 Navios Acquisition announces $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers
15:12 Nefteflot laid down two barges of Project RDB12 ordered by STLC
15:10 MOL to acquire strategic stake in six group companies, each owning a Very Large Ethane Carrier
14:40 Port of Rotterdam freight throughput grows by 5.1% in first quarter of 2019
13:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:03 Biggest European shipbuilders collaborate on vessel connectivity in project Code Kilo
12:49 NOVATEK reports preliminary operating data for the first quarter 2019
12:13 Frontex, EMSA and EFCA open second annual European Coast Guard Event
11:51 RF Navy’s Northern Fleet takes part in combat training missions as part of final check for winter training season
11:27 ASCO took part in TransRussia-2019
11:00 ZIM joins to blockchain shipping solution TradeLens
10:44 Shareholders agreement on construction of Lavna terminal signed under Murmansk Transport Hub project
10:28 Brent Crude futures price is up 0.1% to $71.69, Light Sweet Crude – up 0.09% to $63.82
10:09 ABS teams with industry leaders to improve container vessel safety
09:53 Keppel secures integration and upgrading contracts worth around S$160 million
09:37 Tri-City ports take part in Seatrade Cruise Global
09:36 Bunker Market this morning, April 18
09:15 Baltic Dry Index is up to 767 points

2019 April 17

19:00 SMS Towage’s Humber fleet adds new tug
18:36 CMA CGM has announced FAK rates from Asia to North Africa
18:06 DESMI's CompactClean Ballast Water Management System receives US Coast Guard Type Approval
17:36 Denmark's first new-build hybrid ferry on key passenger route
17:06 CMA CGM announces FAK rates from Asia to the Mediterranean
16:38 Matson receives new cranes at its Honolulu hub terminal
16:17 Stena Europe undergoes refit upgrades in Turkey