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Kuehne + Nagel increases annual results

Strong volume growth in all business units Gross profit up 9.8 percent to CHF 7,709 million EBIT up 5.3 percent to CHF 987 million Net profit up 4.3 percent to CHF 772 million Dividend increased, dividend payout ratio at a high level Kuehne + Nagel Group  2018 2017 CHF million Turnover 24,825 22,220 Net …

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Milaha reports 10% increase in annual net profit

Qatar Navigation (Milaha) Q.P.S.C. announced its financial results for the twelve months ended December 31, 2018. Key financial highlights: Operating revenues of QAR 2.4 billion for the twelve months ended December 31, 2018, compared to QAR 2.5 billion for the same period in 2017 Operating profit of QAR 397 million …

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Diana Containerships reports annual net loss over $50m

ATHENS, GREECE, February 25, 2019 – Diana Containerships Inc., (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $0.4 million for the fourth quarter of 2018, compared to a net loss of $16.6 million for the same period of 2017. The …

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CAI International reports its financial results

SAN FRANCISCO – CAI International, Inc. (CAI)companies, on February 20 reported results for the fourth quarter and full year of 2018. Record net income for the year of $73.5 million driven by strong container demand Logistics revenue grew to a record $111.5 million up 38% driven by demand for truck brokerage and intermodal services Highlights …

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Matson announces financial results

Matson, Inc. (“Matson” or the “Company”) reported net income of $20.6 million, or $0.48 per diluted share, for the quarter ended December 31, 2018.  Net income for the quarter ended December 31, 2017 was $166.9 million, or $3.90 per diluted share.  Net income and earnings per share in the fourth quarter of 2017 benefitted by $155.0 million and $3.62 per diluted share, respectively, from …

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Maersk reports its financial results: Transformation’s acceleration and growth of revenue

Progress on the transformation of A. P. Moller – Maersk continued in 2018. Customers benefitted from integrated offerings, digital solutions and robust network improvements. Since 2016, the topline has grown by 43%, to USD 39bn in 2018, an additional USD 12bn in turnover. “In 2018, we made significant progress in …

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Navios reports financial results

Revenue $517.7 million for FY 2018 $127.4 million for Q4 2018 Cash from operating activities $55.6 millionfor FY 2018 $16.0 million for Q4 2018 Adjusted EBITDA $179.6 millionfor FY 2018 $45.5 million for Q4 2018 Positioned to Capture Market Recovery 26.7% fixed days for FY 2019 MONACO, Feb. 20, 2019 — Navios Maritime Holdings Inc. (“Navios Holdings” or …

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Piraeus Port enjoys double profits

The Board of Directors of PPA S.A. approved the Annual Financial Report 2018 according to which: The revenues amounted to € 132.9 million compared to € 111.5 million in the period of 2017, showing an increase of 19.2%. This change is mainly due to the revenues increase from the concession …

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Port of Tauranga posts strong first-half performance

FINANCIAL RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2018 Port of Tauranga (NZX.POT), New Zealand’s largest port, today (Feb. 18) reported a strong start to the 2019 financial year, with increased cargo volumes contributing to a 4.0% increase in Group Net Profit After Tax to $49.0 million. Highlights Total …

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Port of Rotterdam reports financial results

Port Authority’s financial results The Port of Rotterdam Authority recorded turnover of € 707.2 million in 2018 (2017: € 712.1 million). On the income side, both port dues and lease revenue fell. The net result excluding taxes amounted to € 254.1 million (2017: € 247.3 million) mainly as a result …

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