Hutchison Whampoa's port business, Hutchison Ports, one of the world's four largest port terminal companies, had a dissapointing second quarter 2013.
The company, which is listed on the Singapore Stock Exchange, achieved a profit of USD 54.8 million, down 25.9 percent compared to the same period last year. The company's revenue went down 2.6 percent, to USD 390.9 million.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Container business counterbalanced poor tanker market for Stolt-Nielsen
Norwegian carrier Stolt-Nielsen comes out of 2021 with an improved bottom line due to the strong container market. Main business Stolt Tankers recedes, although CEO expects betterment in 2022.
Subsea 7 lands big contract in the Gulf of Mexico
Offshore company Subsea 7 is awarded significant contract on installation services in the Gulf of Mexico.
Intelligence service warns shipping against cyber attacks due to the Ukraine crisis
Tensions in Ukraine between Russia and the West prompts the Danish Defence Intelligence Service to warn against potential cyber attacks, referring to the NotPetya attack on Maersk in 2017.
Borr Drilling has debt agreement approved
Drilling company Borr Drilling has ensured support from its remaining creditors for a deal to postpone debt repayments of USD 1.4bn to Singapore yards.
Analyst expects record-high dividend from Maersk
Maersk is on the way to pay out record-high dividends of DKK 50bn to shareholders following an extraordinarily profitable 2021, estimates analyst cited by Børsen.
Business Development & Commercialization Manager 
Chief Operating Officer 
Key Account Manager, Denmark 
Fleet Manager 
Sales Director 
Director of Lederne Søfart