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Marine Freight & Logistics

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Charter rate reduction of CGG's operated fleet: Agreement in principle with Eidesvik and Nordic lenders to set up new maritime scheme

1:30pm EDT

CGG SA : Charter rate reduction of cgg's operated fleet: agreement in principle with eidesvik and the nordic lenders to set up a new maritime scheme . New set-up is based on creation of a new company that will possess five vessels currently owned by CGG and cold-stacked as well as two vessels co-owned by CGG and Eidesvik . New company, to be jointly owned by CGG and Eidesvik in equal parts . New company will also hold all outstanding debt related to those vessels and should be operational at beginning of Q2 of 2017 .Implementation of this new maritime set-up will also result in a reduction of CGG gross debt amount by $182.5 millions corresponding to principal amount of Nordic loan at April 1, 2017.

Hapag Lloyd extends contracts of CFO, COO

12:11pm EDT

Hapag Lloyd Ag : dgap-news: hapag-lloyd ag: supervisory board extends executive board contracts . Says supervisory board extends executive board contracts .Says extended executive board contracts of anthony j. Firmin (coo) and nicolás burr (cfo) by two years until 30 june 2019 and 29 february 2020 respectively.

SITC International says FY profit down 13.9 pct

4:32am EDT

SITC International Holdings Co Ltd <1308.HK>: Profit for year ended 31 december 2016 decreased by 13.9% to approximately us$124.2 million . Revenue for year ended 31 december 2016 was approximately us$1,215.8 million, decreased by 5.6% .Proposed a final dividend of hk$16 cents per ordinary share.

Kawasaki Kinkai Kisen Kaisha appoints new president

1:31am EDT

Kawasaki Kinkai Kisen Kaisha Ltd <9179.T>: Appoints Hiroshi Akanuma as new President of the company, to replace Shigenori Ishii .Effective date June 27.

Kawasaki Kinkai Kisen Kaisha appoints new president

1:31am EDT

Kawasaki Kinkai Kisen Kaisha Ltd <9179.T>: Appoints Hiroshi Akanuma as new President of the company, to replace Shigenori Ishii .Effective date June 27.

Martin Midstream Partners LP sees 2017 adjusted EBITDA $157.4 mln - SEC Filing

Thursday, 23 Mar 2017 02:56pm EDT

Martin Midstream Partners LP : Sees 2017 adjusted EBITDA $157.4 million - SEC Filing .Sees 2017 maintenance capital expenditure (incl. turnaround expenses) projected to be $20 million to $25 million - SEC Filing.

Compagnie du Cambodge FY net profit group share drops to 54 million euros

Thursday, 23 Mar 2017 02:20pm EDT

Compagnie du Cambodge SA : FY net profit group share EUR 54 million ($58.22 million)versus EUR 232 million year ago . Proposes FY dividend of EUR 48 per share . FY operating income EUR 287 million versus EUR 284 million year ago .FY revenue EUR 2.33 billion versus EUR 2.24 billion year ago.

Financiere Moncey FY net profit group share drops to 4 million euros

Thursday, 23 Mar 2017 02:20pm EDT

Financiere Moncey SA : FY net profit group share EUR 4 million versus EUR 116 million year ago . FY operating loss EUR 0.3 million versus EUR 0.4 million year ago .Proposes FY dividend of EUR 44 per share.

Financiere de l'Odet FY net income group share drops to 228 million euros

Thursday, 23 Mar 2017 02:20pm EDT

Financiere de l'Odet SA : FY net income group share EUR 228 million ($245.78 million) versus EUR 297 million year ago . FY EBITDA EUR 1.02 billion versus EUR 1.11 billion year ago .Proposes FY dividend of EUR 1.00 per share.

Forestiere Equatoriale FY net result group share turns to loss of 246 million CFA Francs

Thursday, 23 Mar 2017 02:20pm EDT

Forestiere Equatoriale SA : FY net loss group share 246 million CFA Francs ($401,901.68) versus income of 635 million CFA Francs year ago . FY operating loss 377 million CFA Francs versus profit of 1.29 million CFA Francs year ago . FY consolidated sales 35.03 billion CFA Francs versus 34.51 billion CFA Francs year ago .Proposes no FY dividend.

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