• 2012 May 21 13:48

  Seaspan Q1 profit up 1.4% to $51.3m

  

  Major container ship player Seaspan bucked the trend, posting a first quarter 1.4% rise in net profit to $51.3 million year-on-year, on the back of a 25% increase in revenue to $152.1m, Seatrade Asia online reports.
  
  The company managed to achieve 99.1% vessel utilisation and also took delivery of two newbuildings during the quarter which increased fleet size to 67 vessels, ceo Gerry Wang was quoted as saying.
  
  The two 13,100-teu newbuildings Cosco Excellence and Cosco Faith have started operations under 12-year, fixed-rate time charters with China's Cosco, he added. In addition, Wang said Seaspan has taken delivery of another two 13,100-teu newbuildings in April. The Cosco Hope and the Cosco Fortune bring Seaspan's operating fleet to 69 vessels and are also on charter to Cosco under 12-year, fixed-rate time charter contracts.
  
  The company will now pursue its plan on building three 10,000-teu vessels. Wang said $224m worth of loans for the vessels were signed with a leading Chinese bank this month. The ships are expected be delivered in 2014 and will begin charters with Hanjin Shipping for a period of 10 years, with options for a further two years.

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2024 November 15

18:00	Hapag-Lloyd CEO expects shipping volume strength to continue
17:35	Bumi Armada and MISC plan merger to boost offshore market position
17:13	Seatrium successfully delivers fifth and final jackup rig for Borr Drilling
16:59	Singapore marine fuel sales hit highest in nine months
16:25	NYK and MTI filed a patent application for a technology for transporting reduced iron by bulk carrier
15:43	LR announces partnership with SHI for floating production and storage system for green ammonia
15:06	COSCO SHIPPING's Chancay Peru Terminal starts operation
14:17	Mitsubishi Shipbuilding holds christening and launch ceremony of LNG-powered Roll-on/Roll-off ship TRANS HARMONY EMERALD
13:44	Cargotec sells MacGregor business to funds managed by Triton for EUR 480 million
13:08	Port of Long Beach reaches all-time record in October 2024
12:34	Ocean Network Express and Seaspan Corporation jointly announce the establishment of ONESEA Solutions
11:42	Allseas installs pipeline for N05-A gas development in Dutch North Sea
11:16	Vessel Performance Solutions to equip 30 vessels of Harren Shipping Services with its VESPER performance management platform
10:43	All American Marine wins contract to build 63-foot hybrid ocean sampling vessel
10:23	ONE launches new service connecting Pakistan and the Middle East
09:59	New electric E-Pusher and barges supercharge ofi’s sustainable cocoa transportation in the Netherlands

2024 November 14

18:00	X-Press Feeders launches three new services
17:24	Norwegian operator Olympic takes delivery of second vessel from Ulstein, using Ulstein TWIN X-STERN® for fuel savings
17:09	KR, HD KSOE, HD HHI, KSS Line, and Liberian Registry partner to develop safety guidelines for ship-to-ship ammonia bunkering
16:32	Kuehne+Nagel acquires majority stake in IMC Logistics
16:12	Hapag-Lloyd posts results for first three quarters of 2024
15:45	HHLA releases results for nine months of 2024
15:25	Technip Energies and SBM Offshore awarded by TotalEnergies for FPSO construction in Suriname
14:46	Hercules Tanker Management orders six more newbuilds from Jiangmen Hangtong shipyard
14:30	CSSC Tianjin's first 16,000 TEU dual-fuel LNG container ship successfully completes sea trials
13:40	Alphaliner releases the latest ranking of the top 100 global liner companies in terms of capacity
13:23	Kpler acquires Spire Maritime to enhance maritime data and analytics capabilities
12:41	MABUX: Bunker price trends in the world's four largest hubs, November 11-15, 2024.
12:41	The second series of prototype trials of the Blue Visby Solution deliver significant savings of GHG emissions
12:21	Port of Hull welcomes two new eco-friendly vessels
11:42	Brunvoll signs contract with Astilleros GONDAN for the delivery of an azimuth thruster package for an Ocean Energy Support Vessel
11:09	Taiwan's Evergreen Marine releases the results for the first three quarters of 2024
10:35	Kongsberg to supply equipment for two new NOAA research vessels
10:13	Panama Canal Administrator highlights new alternative strategic projects at the Houston International Maritime Conference
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2024 November 13

18:00	COSCO Shipping Energy orders 6 new VLCCs
17:12	ABS, CCS and DNV approve COSCO's 50,000 cubic metre dual-fuel ammonia tanker design
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14:51	Establishing an emission control area for ships in the North Atlantic Ocean could prevent several thousand premature deaths through 2050 - ICCT
14:11	Erma First Group acquires Ecochlor to lead the global BWTS market
13:53	Höegh Autoliners and Fortescue call for faster adoption of clean ammonia marine fuel at COP29
13:24	INEOS and Royal Wagenborg sign multi-year contract for CO2 carrier
12:22	Bureau Veritas acquires technical advisory company Versatec Energy
11:47	Wuchang Shipbuilding launches the large navigation ship of the South China Sea Navigation Support Center
11:24	GTT receives an order from China Merchant Heavy Industry-Jiangsu for the tank design of a new LNG сarrier
10:52	Thecla Bodewes Shipyards successfully launches 5,050dwt vessel 'Iana’ for Transtal Shipping
10:00	ACCIONA to build a new breakwater to shelter floating port terminal in Ravenna
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2024 November 12

18:06	Iraq shortlists 11 firms for Grand Faw port operation, decision in January 2025
17:42	ZeroNorth and Vitol launch digital bunker trial in port of Rotterdam
17:24	LR MDH joins call to accelerate adoption of zero-emission fuels by 2030
16:41	Port of Rotterdam Authority sets tariffs for the next three years
16:25	Vitol Terminal Latvia introduces new aniline transshipment service
15:45	UECC and Daphne Technology join forces to drive advanced emissions monitoring on UECC’s latest vehicle carrier
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11:00	New Yangzi Shipbuilding delivers SEASPAN's 12th dual-fuel medium-sized container ship
10:31	Van Oord completes major dredging project in Egypt
10:03	Zhenhua Heavy Industries launched the world's largest piling vessel for CCCC Second Harbor Engineering Bureau
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2024 November 11

18:00	ADNOC Gas to buy 60% in Ruwais LNG plant
17:18	Strategic Marine signs contract with Mainprize Offshore for six new Supa Swath vessels, with options for six more
17:01	Hanwha Ocean wins 713.5 bln-won deal to build two LNG carriers for Maran Gas Maritime
16:35	One missing after MSDF vessel sinks due to fire off Fukuoka
16:05	Northern European ports in collaboration receive EU funding for onshore power for container ships
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