BHP Billiton - one of the four largest mining companies in the world alongside Rio Tinto, Vale and Fortescue - has published a half-year result that failed to live up to the company's expectations, but which bodes well for the dry bulk carriers' expectations.
BHP Billiton finished the fiscal year 2013/14 slightly below analyst expectations. The underlying profit came to USD 13.4 billion, compared to the expected USD 13.6 billion, according to estimates gathered by Bloomberg News.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
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
Bunker Holding CEO: We'll have our second-best financial result to date
Bunker Holding, the world’s largest bunker supplier, will book ”the second-best result” in the group’s history for 2021/2022, says CEO Keld R. Demant in his first interview after a ”fatiguing court case.”
Quarantine case against Thor Stadil postponed indefinitely
Shortly before the first session of court, the bankruptcy quarantine case against business man Thor Stadil has been postponed. It may be several years now before the case will be trialed at court.
Battle over three board seats may determine Euronav-Frontline merger
Thursday’s board election at tanker operator Euronav may determine the fate of the large-scale merger with Frontline. The newly elected board will have to reconfirm the merger, states Euronav CEO to ShippingWatch.
Shanghai approaches reopening – but normalcy lies further into the future
Shanghai, which has been shut down for weeks and caused chaos in logistics chains, is heading for a gradual return to normal. But it could take significantly longer before container traffic sees stability return, says shipping analyst.
DFDS postpones hydrogen ferry plan – banks on freight ships for green fuels instead
The technology available for carriers currently fits freight ships better than ferries, according to DFDS. The carrier thus expects to launch ’green’ freight vessels first and will soon choose which fuel to bank on, says top exec.
Junior Shipbroker 
Technical Controller 
Team Manager 
Operations Manager