TEU

EQS-News: Hapag-Lloyd publishes 2023 annual report and announces forecast for the current financial year

Retrieved on: 
Wednesday, April 10, 2024

Hapag-Lloyd today published its annual report for 2023.

Key Points: 
  • Hapag-Lloyd today published its annual report for 2023.
  • According to the report, the Group EBITDA stood at USD 4.8 billion (EUR 4.5 billion).
  • The Group EBIT experienced a year-on-year decrease to USD 2.7 billion (EUR 2.5 billion), and the Group profit to USD 3.2 billion (EUR 3 billion).
  • The detailed full-year 2023 figures, including explanatory notes relating to the performance measures EBITDA and EBIT referred to herein, can be found in the download section of the digital annual report:

EQS-News: Ernst Russ AG: Positive business performance in 2023

Retrieved on: 
Wednesday, April 10, 2024

Hamburg, 18 March 2024 - The Ernst Russ Group recorded a positive performance in its assets, financial position and earnings in 2023, although the financial year was marked by serious geopolitical conflicts and national and international economic weakness.

Key Points: 
  • Hamburg, 18 March 2024 - The Ernst Russ Group recorded a positive performance in its assets, financial position and earnings in 2023, although the financial year was marked by serious geopolitical conflicts and national and international economic weakness.
  • Despite these adverse conditions, the Ernst Russ Group successfully expanded and rejuvenated its fleet in the 2023 financial year and continued the positive development of its assets, financial position and earnings.
  • "I am highly pleased with the company's performance," stated Robert Gärtner, CEO of Ernst Russ AG.
  • You can request a printed copy of the current Ernst Russ AG Annual Report 2023 in both German and English or download it at www.ernst-russ.de.

EQS-News: HHLA continues future-oriented investments despite challenging conditions

Retrieved on: 
Wednesday, April 10, 2024

CEO Angela Titzrath: “In a challenging market environment, HHLA is continuing to pursue its forward-looking investments to modernise its terminals and expand its European network.”

Key Points: 
  • CEO Angela Titzrath: “In a challenging market environment, HHLA is continuing to pursue its forward-looking investments to modernise its terminals and expand its European network.”
    Hamburger Hafen und Logistik AG (HHLA) recorded a drop in revenue and earnings in the 2023 financial year.
  • Angela Titzrath, HHLA’s Chief Executive Officer: “In light of the extremely difficult conditions for global trade, HHLA has performed well in 2023, particularly in comparison to its major competitors.
  • The notable increase in throughput volumes at the multi-function terminal HHLA PLT Italy was unable to offset this shortfall.
  • HHLA therefore continues to pursue its dividend policy of distributing between 50 and 70 percent, where possible, of the Port Logistics subgroup’s relevant net profit for the year to its shareholders.

Chu Kong Shipping Announces 2023 Annual Results, Profit Attributable to Equity Holders of the Company Increases by 22.0% year on year to HK$114.1 Million

Retrieved on: 
Monday, March 25, 2024

During the Year, the Group's terminal navigation logistics business progressed well, with continuous improvement in the cargoes transportation volume.

Key Points: 
  • During the Year, the Group's terminal navigation logistics business progressed well, with continuous improvement in the cargoes transportation volume.
  • Profit for the Year increased by 13.5% year-on-year to HK$122.6 million (2022: HK$108.0 million), while profit attributable to equity holders of the Company amounted to HK$114.1 million (2022: HK$93.5 million), representing an increase of 22.0% as compared to the same period last year.
  • The volume of break bulk cargoes transportation for the Year was 1,143,000 tons, representing a year-on-year significant increase of 68.6%.
  • CKTL has also successfully won the bid for a sand supply for certain phases of the Hong Kong International Airport construction project.

Global Ship Lease Files its Annual Report for 2023 on Form 20-F

Retrieved on: 
Wednesday, March 20, 2024

ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").

Key Points: 
  • ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company") filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").
  • Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships.
  • Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tier container liner companies.
  • As of December 31, 2023, Global Ship Lease owned 68 containerships ranging from 2,207 to 11,040 TEU, with an aggregate capacity of 375,406 TEU.

Capital Product Partners L.P. Announces the Sale of Three 10,000 TEU Container Vessels

Retrieved on: 
Wednesday, March 20, 2024

ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that the Partnership entered into a memorandum of agreement for the sale of three 10,000 TEU container vessels, built in 2011 at Samsung Heavy Industries, S. Korea: the M/V Athos, the M/V Aristomenis and the M/V Athenian.

Key Points: 
  • ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that the Partnership entered into a memorandum of agreement for the sale of three 10,000 TEU container vessels, built in 2011 at Samsung Heavy Industries, S. Korea: the M/V Athos, the M/V Aristomenis and the M/V Athenian.
  • Delivery of the vessels to the buyer is expected in April 2024.
  • With the recently completed sale of the M/V Akadimos (115,534 DWT / 9,300 TEU, Eco-Flex, Wide Beam container vessel, built 2015, Daewoo-Mangalia Heavy Industries S.Α., Romania), which was delivered to its new owners on March 8, 2024, the Partnership has completed the sale of two container vessels and has agreed to sell two Panamax container vessels and three Neo-Panamax container vessels.
  • Total expected gross cash proceeds from the sale of the seven container vessels are estimated at approximately $272.5 million or $182.5m after repaying outstanding debt.

CargoMetrics Launches Global Maritime Emissions Data Products

Retrieved on: 
Thursday, March 21, 2024

CargoMetrics, a global leader in the systematic monitoring and analysis of maritime trade, has announced the launch of new products that measure maritime emissions and provide trusted, unbiased data and insight to regulators, shippers and multi-national corporations that face increased pressure to reduce greenhouse gas emissions and hedge funds seeking reliable inputs to trading strategies in the fast-growing carbon markets.

Key Points: 
  • CargoMetrics, a global leader in the systematic monitoring and analysis of maritime trade, has announced the launch of new products that measure maritime emissions and provide trusted, unbiased data and insight to regulators, shippers and multi-national corporations that face increased pressure to reduce greenhouse gas emissions and hedge funds seeking reliable inputs to trading strategies in the fast-growing carbon markets.
  • CargoMetrics’ Maritime Emissions – Global Benchmark products provide global carbon emissions and fuel consumption metrics by vessel class (tankers, dry bulk, and containers) and vessel size – and include analytics for CO2 emissions per nautical mile, tonne-mile, and container unit (TEU).
  • "Our Maritime Emissions - Global Benchmark and EU ETS Carbon Tracker products reflect our scientific approach and provide customers the clarity needed to make data-driven assessments related to maritime emissions and carbon trading in their voluntary, compliance, and speculative applications," said CargoMetrics CEO Jes Scully.
  • Select use cases and market applications include:
    Constructing carbon trading strategies and informing EU Allowances trading decisions; analyzing volume, trends and volatility
    Enhancing fundamental models relating to freight, insurance, and financing rates
    The Maritime Emissions Global Benchmark products and the EU ETS Carbon Tracker are now available for licensing on AWS Data Exchange ( ADX ), along with CargoMetrics' commodity products.

ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2023

Retrieved on: 
Wednesday, March 13, 2024

HAIFA, Israel, March 13, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December 31, 2023.

Key Points: 
  • ZIM carried 786 thousand TEUs in the fourth quarter of 2023, compared to 823 thousand TEUs in the fourth quarter of 2022.
  • The average freight rate per TEU was $1,102 for the fourth quarter of 2023, compared to $2,122 for the fourth quarter of 2022.
  • Adjusted EBITDA for the fourth quarter of 2023 was $190 million, compared to $973 million for the fourth quarter of 2022.
  • Adjusted EBIT loss was $49 million for the fourth quarter of 2023, compared to adjusted EBIT of $585 million for the fourth quarter of 2022.

Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels

Retrieved on: 
Monday, March 4, 2024

ATHENS, Greece, March 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has entered into a memorandum of agreement for the sale of M/V Akadimos (115,534 DWT / 9,300 TEU, Eco-Flex, Wide Beam container vessel, built 2015, Daewoo-Mangalia Heavy Industries S.Α., Romania).

Key Points: 
  • ATHENS, Greece, March 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has entered into a memorandum of agreement for the sale of M/V Akadimos (115,534 DWT / 9,300 TEU, Eco-Flex, Wide Beam container vessel, built 2015, Daewoo-Mangalia Heavy Industries S.Α., Romania).
  • Delivery to the buyer is expected within March 2024.
  • The Partnership has also entered into a memorandum of agreement for the en bloc sale of sister vessels M/V Fos Express (68,579 DWT / 5,100 TEU, container vessel, built 2008, Hanjin Heavy Industries & Construction Co., Ltd., South Korea) and M/V Seattle Express (68,411 DWT / 5,100 TEU, container vessel, built 2008, Hanjin Heavy Industries & Construction Co., Ltd., South Korea).
  • Delivery to the buyer is expected by April 2024.

Global Ship Lease Announces Fourth Quarter and Full Year 2023 Earnings Release, Conference Call and Webcast

Retrieved on: 
Thursday, February 22, 2024

The Company will issue financial results for the fourth quarter and full year 2023 on Monday, March 4, 2024, before the open of market trading.

Key Points: 
  • The Company will issue financial results for the fourth quarter and full year 2023 on Monday, March 4, 2024, before the open of market trading.
  • Live Internet webcast and slide presentation:
    The webcast will be archived on the Company’s website: http://www.globalshiplease.com
    Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships.
  • Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tier container liner companies.
  • As at September 30, 2023, Global Ship Lease owned 68 containerships ranging from 2,207 to 11,040 TEU, with an aggregate capacity of 375,406 TEU.