Tag: EBITDA
Global Ship Lease To Acquire 4 New Boxships on Multi-year Charter
Global Ship Lease (GSL) has sealed a deal to acquire four 5,470 teu panamax containerships for $148m.
The ships will be chartered to...
Ardmore Shipping Reports A Loss Of $8.5 million
Ardmore Shipping Corporation announced results for the three months ended March 31, 2021, reports Ardmore Shipping.
Highlights and Recent Activity
Reported a net loss of $8.5...
Maersk Reports Revenue Of $12.4 billion For Q1 2021
Maersk significantly increased full year profit expectations as it reported revenues of $12.4bn for Q1 2021 with an EBITDA of $4bn and an underlying...
Euroseas Discloses New Charter For It’s Container Vessel
Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced...
Maersk Posts Optimistic 2021 Outlook Despite Sizeable Bottleneck
Container shipping firms are locked in a “significant bottleneck” as resurgent global demand stretches capacity and drives up freight rates, Maersk CEO Soren Skou...
Global Ship Lease Secures $116m Deal for 7 Post-panamax Ships
Global Ship Lease announced that it has agreed to purchase and charter back seven 6,000 TEU Post-Panamax containerships with an average age of approximately...
Maersk Delivers Strong Q3 Business Profit Despite Pandemic Crisis
Maersk has delivered a respectable Q3 results with improved profitability despite the Covid-19 pandemic having a negative impact on the global economy.
The...
Maersk Cutting Costs in Q3 With Layoffs
According to a Reuters report, the world’s biggest container shipping line, Maersk, said on Tuesday demand was recovering faster than expected and lifted its...
Team Tankers Announces Q2 2020 Results
Team Tankers reported EBITDA for the 2nd quarter of $21.7 million.
Net loss in the 2nd quarter of 2020 was $2.4 million.
The...
Container Lines Reap Profits Despite COVID-19
Q2 financial reporting season is in full swing among container lines.
Q2 figures published by listed container lines reveal a very different story.
...