Bankwell forecasts $119M-$121M net interest income and targets core conversion completion in 2H 2027
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FuelTech launches next-generation Gas Valve Train Mk V for LNG propulsion
Developed for Everllence’s ME-GI 10.7 engine platform, the new Gas Valve Train Mk V builds on more than a decade of commercial GVT experience, introducing higher pressure capability alongside…
- FuelTech introduces Gas Valve Train Mk V for LNG propulsion.
- Engine platform ME-GI 10.7 receives GVT Mk V upgrade.
- Over 900 units deployed in 800+ vessels worldwide.
COSCO SHIPPING Ports Announces 2026 Third Quarter Results
COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for the 3 months and 9 months ended 30…
Boluda Shipping signs agreement to acquire Samskip and jointly build Europe’s leading short-sea network
Boluda Shipping and Samskip have signed an agreement under which Boluda Shipping will acquire Samskip. The acquisition will pave the way for Europe’s most comprehensive short-sea shipping network…
- Boluda Shipping acquires Samskip to form joint venture
- Merged network will have 32 vessels, 18 routes, 28 countries
- Expected to close January 1, 2027 subject to approvals
HD Korea Shipbuilding Q3 2026 slides: engine margin hits record despite FX headwinds
HD Korea Shipbuilding & Offshore Engineering (KRX:009540) presented mixed third-quarter 2026 results on October 28, showing strong year-over-year profitability growth tempered by sequential headwinds…
- Operating profit rises 37.3% YoY to 1,447.2 billion won
- Engine margin hits record despite foreign exchange headwinds
- Revenue misses expectations, net income declines 51.3% MoM
NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid underlying operating performance across Dry cargo and Tankers
NORDEN CEO, Jan Rindbo, comments: “We delivered a strong third quarter, with good performance across Dry cargo and Tankers.
- NORDEN reported USD 54 million net profit in Q3 2026
- CEO Jan Rindbo praised fleet flexibility and market adaptation
- Full-year profit guidance raised to USD 200-250 million