Navios Partners Posts 274 Million Dollar First-Half Net Income
Navios Maritime Partners reported net income of $274.3m for the first half of 2026 as its multi-segment fleet absorbed disruption in the Strait of Hormuz and Red Sea.
Velesto Second-Quarter Profit Falls to RM531,000 as Rig Rates Slide 16%
Velesto Energy's quarterly net profit collapsed to RM531,000 from RM50.44 million a year earlier as utilisation and day rates fell, though the order book stands at RM1.3 billion.
Viking Holds $4 Billion in Cash and Sets a Four-Part Test for Acquisitions
Viking closed the second quarter with $4 billion in cash and an undrawn $1 billion revolver, and says any acquisition must beat the returns its own newbuildings generate.
Brazilian State Oil Producer Posts Record Quarterly Profit
Brazil's state oil producer reported second-quarter net income of 52.4 billion reais, about 10.4 billion dollars, and approved 17.4 billion reais in distributions.
Bahrain Terminal Operator's First-Half Profit Falls Seventy-Two Percent
APM Terminals Bahrain reported a seventy-two percent fall in first-half net profit, with second-quarter earnings down more than ninety percent.
Japanese Owner's Quarterly Profit Rises Despite Weaker Container Contribution
Mitsui O.S.K. Lines lifted first-quarter net profit by around sixteen percent as dry bulk swung to profit and the container contribution shrank.
Maersk goes from red to black
A.P. Moller-Maersk has sharply upgraded its guidance, now expecting an underlying operating profit of $2bn to $4bn this year, the clearest sign yet that 2026 is shaping up as another profitable year for container shipping.
Noble posts $37 million loss in second quarter on rig suspensions
Offshore driller Noble reported a $37 million net loss for the second quarter of 2026 after rig suspensions in Brazil and a Black Sea exit hit revenue.
Hamburg's HHLA issues a profit warning
A major German terminal operator has issued a profit warning on higher costs and weaker throughput.
Solstad Offshore profits climb despite softer utilisation
Norwegian offshore vessel owner Solstad Offshore reported a jump in first-half profits despite a dip in fleet utilisation.
China's shipbuilding boom lifts Korean engine makers' margins
South Korea's two big marine engine makers are expected to see second-quarter operating profits jump 80% to 100% as high-priced orders are delivered.
Korean shipbuilders head for record profit on LNG boom
South Korea's three largest shipbuilders are on track for their first combined annual operating profit of about $6.6bn, driven by high-margin LNG carriers.
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