Port system of Genoa to receive €650,000 for labour costs
The Advisory Commission and the Management Committee have today approved the contributions to Compagnie Portuali di Genova e Savona both in relation to the minors days…
Cargotec’s interim report January–September 2020: performance improved from the second quarter
Cargotec’s interim report January–September 2020: Performance improved from the second quarter - October 22, 2020 Orders received, sales and comparable operating profit improved from Q2/2020…
Hapag-Lloyd updates forecast for financial year 2020
Performance of container shipping market and Hapag-Lloyd in Q3 much better than anticipatedCompared to Q2 much stronger demand and higher revenues in Q3Performance Safeguarding Program…
EBRD to lend €450 million to develop road-port connections
Kiev, Ukriane (PortSEurope) October 14, 2020 - The European Bank for Reconstruction and Development (EBRD), an international financial institution, is to provide a sovereign loan…
Alicante port reduces occupancy and activity rates in field of transport
Alicante, Spain (PortSEurope) October 10, 2020 - The Alicante Port Authority approved the reduction of occupancy and activity rates for concessionaires who have requested it, within the…
Rosmorport port fees down 7% in first nine months 2020
Moscow, Russia (PortSEurope) October 8, 2020 - In January-September 2020, Rosmorport saw its revenue from port fees decrease by 7%, or by 1.1 billion rubles, year-on-year,…
Thessaloniki Port Authority reports increased revenues for first half 2020
Thessaloniki, Greece (PortSEurope) September 30, 2020 - Thessaloniki Port Authority (ThPA) has published financial statements of the first half of 2020. In the period January-June…
Piraeus Port Authority sees reduced performance in first semester 2020
Piraeus, Greece (PortSEurope) September 30, 2020 - Piraeus Port Authority has reported financials for the first half of 2020 which show reduced performance, mainly due…
Rosmorport revenue from port dues in Jan-Aug 2020 decreased by 6% compared to 2019
FSUE "Rosmorport" revenue from port dues in January-August decreased by 6% compared to the previous year (Submitted with technical revision in the third paragraph) -…
CMA CGM: Second Quarter 2020 Business Activity – A strong operating performance with a further improvement
September 04, 2020 Major increase in the Group’s operating margin in an environment experiencing decline in volumes carriedCEVA Logistics’ turnaround plan on trackPositive net income,…
Fitch Maintains Negative Rating Watch on Global Liman Isletmeleri
Fitch Ratings has maintained the Rating Watch Negative (RWN) on Global Liman Isletmeleri A.S.'s (GLI) USD250 million senior unsecured notes due in November 2021 -…
NCSP Group Consolidated Financial and Operating results for first months of 2020
NCSP Group announces its consolidated financial results for the six months, ended 30 June 2020, prepared under International Financial Reporting Standards (IFRS) - September 1,…
COSCO SHIPPING Ports announces 2020 interim results
COSCO SHIPPING Ports Announces 2020 Interim Results Results - August 27, 2020 With strong financial position and captive demandWe are confident of standing out on…
CMPort sees revenue down over 8% in first half of 2020
Hong Kong, China (PortSEurope) August 28, 2020 - China Merchants Port Holdings Company Limited (CMPort) has announced unaudited consolidated interim results for the six months…
Russian government issues port list for investment tax
Moscow, Russia (PortSEurope) August 27, 2020 - Acting Minister of Transport Innokenty Alafinov has signed an order to change the rules for collecting dues (taxes)…
Luka Koper net profit down 40% in first half of 2020
Koper, Slovenia (PortSEurope) August 27, 2020 - In January-June 2020, Luka Koper reported a consolidated net profit of €15 million ($18 million), down 40% on…
Hapag-Lloyd delivers good half-year result, but uncertainties due to COVID-19 pandemic remain
Volumes significantly down in Q2, significant reduction in bunker cost // Measures of the Performance Safeguarding Program (PSP) already having an impact // Very positive…
DP World announces resilient financial results
DP World Limited has announced resilient financial results for the six months to 30 June 2020 with like-for-like adjusted EBITDA growing 1% year-on-year - August…
Turkey’s Global Ports Holding Plc reports reduced financials for H1 2020
Istanbul, Turkey (PortSEurope) August 20, 2020 - Global Ports Holding Plc (GPH), the world's largest independent cruise port operator, has announced its unaudited results for…
AP Moller – Maersk increases EBITDA by 25% in Q2
Copenhagen, Denmark (PortSEurope) August 19 - The Danish shipping group AP Moller – Maersk reported a Q2 2020 drop in revenues to $9 billion from…