Port News & Information Mediterranean, Black & Caspian Seas

Financials

Reported financial results & performance of companies & organisations, private & public. Includes bank loans, grants and loans. Any news related to the balance sheet and profit and loss.

COSCO SHIPPING Ports announces positive 2020 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports operator, today announced the results of the Company and its subsidiaries for the three months and...

Triton International reports third quarter 2020 results

Bermuda-based Triton, the world’s largest lessor of intermodal containers, has reported third quarter 2020 results – – October 23, 2020...

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...

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...

Hapag-Lloyd updates forecast for financial year 2020

Performance of container shipping market and Hapag-Lloyd in Q3 much better than anticipated Compared to Q2 much stronger demand and higher revenues in Q3...

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...

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...

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....

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...

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...

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 carried CEVA Logistics’ turnaround plan...

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...

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...

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...

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...

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...

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...

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 //...

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...

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...

Subscribe to weekly news

We keep you informed on the top European port news.