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Hapag-Lloyd CEO says doesn't rule out further takeovers

7:07am EDT

May 29 (Reuters) - Hapag Lloyd Ag :Hapag-Lloyd CEO says doesn't rule out further takeovers, but no current plans.

Hapag-Lloyd to present targets for merged group in August

4:55am EDT

May 29 (Reuters) - Hapag-Lloyd :Says upward trend in freight rates has continued in Q2.Says to present in August new targets for merged group.

India's Essar Shipping posts March-qtr profit

Friday, 26 May 2017 08:16am EDT

May 26 (Reuters) - Essar Shipping Ltd :March quarter profit 766.3 million rupees versus loss 356.2 million rupees year ago.March quarter total income from operations 3.06 billion rupees versus 2.09 billion rupees year ago.

Finland's Wartsila wins order from Eidesvik's offshore supply vessel

Friday, 26 May 2017 06:32am EDT

May 26 (Reuters) - Wartsila Oyj Abp :Says has signed an agreement with Eidesvik Offshore to install a hybrid system with batteries on board of its vessel Viking Princess.

Qinhuangdao Port sees ‍net profit attributable to shareholders of parent for first 6 months ended 30 june 2017 to increase no less than 260%​

Friday, 26 May 2017 12:01am EDT

May 26 (Reuters) - Qinhuangdao Port Co Ltd <3369.HK>:Qinhuangdao port sees ‍net profit attributable to shareholders of parent for first 6 months ended 30 june 2017 is to increase no less than 260%​.

Qinhuangdao Port Co expects to increase HY net profit no less than 260 pct

Thursday, 25 May 2017 11:05am EDT

May 25 (Reuters) - Qinhuangdao Port Co Ltd <3369.HK>:Net profit attributable to shareholders of parent for first 6 months ended 30 June 2017 is expected to increase no less than 260%.

Diana Shipping Inc announces time charter contracts for M/V Astarte, M/V Erato

Thursday, 25 May 2017 09:20am EDT

May 25 (Reuters) - Diana Shipping Inc :Diana Shipping Inc announces time charter contracts for M/V Astarte with Glencore and M/V Erato with Phaethon.Entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels, M/V Astarte.Through a unit, entered into a time charter contract with Phaethon International Company, for one Panamax dry bulk vessels, M/V Erato.Charter is expected to commence on June 12, 2017.Gross charter rate for M/V Erato is $7,250 per day for a period of about five months up to December 30, 2017.Gross charter rate for M/V Astarte is $9,000 per day, minus a 5% commission paid to third parties, for a period of minimum fourteen.Employments of "Astarte" and "Erato" anticipated to generate about US$4.76 million of gross revenue for minimum scheduled period of time charters.

Navios Maritime Partners acquires five 4,250 TEU container vessels

Thursday, 25 May 2017 09:13am EDT

May 25 (Reuters) - Navios Maritime Partners Lp :Acquires five 4,250 TEU container vessels from Rickmers Maritime Trust PTE for $59.0 million.Five 4,250 TEU vessels are employed on charters with a net daily charter rate of $26,850.Charters expire in 2018, early 2019, vessels expected to generate about $45.0 million of EBITDA during period of charters.

Navios Maritime Partners acquires five 4,250 TEU container vessels

Thursday, 25 May 2017 09:13am EDT

May 25 (Reuters) - Navios Maritime Partners Lp :Acquires five 4,250 TEU container vessels from Rickmers Maritime Trust PTE for $59.0 million.Five 4,250 TEU vessels are employed on charters with a net daily charter rate of $26,850.Charters expire in 2018, early 2019, vessels expected to generate about $45.0 million of EBITDA during period of charters.

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