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2024-02-15 06:37:24 ET Worldwide shipping is undergoing some profound changes in the wake of continuous attacks by Yemen's Houthi rebels in the Red Sea. A.P. Moeller-Maersk ( OTCPK:AMKBY ), one of the biggest players in the industry, just warned customers of a deteriorating situation in...
2024-01-12 02:07:06 ET Crude prices are responding to the U.S. and British airstrikes in Houthi-controlled areas of Yemen, with West Texas Intermediate ( CL1:COM ) climbing 2.4% to $73.71/bbl early Friday. Shipping stocks will also be on watch during the premarket session as tension...
2024-01-01 06:33:50 ET A.P. Moller-Maersk ( OTCPK:AMKBY ) has halted Red Sea shipping for 48 hours to size up the current security situation in a vital waterway responsible for a sixth of world trade. A U.S.-led naval task force, called Operation Prosperity Guardian, was formed with...
2023-12-18 05:51:25 ET More on shipping U.S. warns ships of 'evolving threats' in critical trade route Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential Hapag-Lloyd: Multiple Inflection Points For Long-Term Industry Danaos Still Has A Lot Of ...
2023-10-06 10:06:56 ET Summary OROVY's FH 2023 financial results show a significant drop in profit and a decrease in cash due to a decline in freight revenue. The company has lease commitments on vessels chartered in and significant Capex requirements, which will further deplete i...
2023-05-01 16:37:18 ET Summary OOCL is part of COSCO Shipping but with a separate listing in Hong Kong. They delivered excellent net profit in 2022. Excess earnings have been wisely allocated to improve the balance sheet and also reward shareholders with dividends. Optimis...
Summary Orient Overseas has reported exceptional profits over the last 2 years. With both shipping rates and the stock price falling, and significant outflow of cash from the balance sheet, we are waiting for the turbulence to subside before reassessing investment prospects. W...
May 10%+ Yield data was all sourced from YCharts. Unsustainable-dividends above 20% were discarded; others were deleted for infrequent-dividends. Not all paid consistent annual-dividends. Variable dividends were rampant. Analyst top-ten target net-gain estimates from these 73 bargain-...
Industry heavyweights and elite speakers explore opportunities HONG KONG, Nov 19, 2019 - (ACN Newswire) - Nearly 70 experts and leaders from the logistics and maritime industries are speaking at the ninth Asian Logistics and Maritime Conference (ALMC), which opened today at the Hong Kong Con...
Asian connectivity, E-commerce customer experience & Technology explored HONG KONG, Oct 29, 2019 - (ACN Newswire) - The ninth Asian Logistics and Maritime Conference (ALMC), an annual signature event for the industries jointly organised by the Hong Kong Trade Development Council (HKTDC) ...
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Industry heavyweights and elite speakers explore opportunities HONG KONG, Nov 19, 2019 - (ACN Newswire) - Nearly 70 experts and leaders from the logistics and maritime industries are speaking at the ninth Asian Logistics and Maritime Conference (ALMC), which opened today at the Hong Kong Con...
Asian connectivity, E-commerce customer experience & Technology explored HONG KONG, Oct 29, 2019 - (ACN Newswire) - The ninth Asian Logistics and Maritime Conference (ALMC), an annual signature event for the industries jointly organised by the Hong Kong Trade Development Council (HKTDC) ...