DHT reports strong improvement in 1Q15

DHT Holdings, the New York-listed crude oil tanker company managed from Oslo, has reported a strong improvement in result in the first quarter of 2015 (1Q15) on a firmer market and bigger fleet.
Group net profit amounted to USD23.2 million in 1Q15 compared with a loss of USD0.5 million in the same

Dawei port project on the move

One of the parties involved in the development of Dawei port has confirmed movement on the project, while declining to give details.
Dawei is planned to be a mega-port on Myanmar’s coast, well-connected to Thailand by yet-to-be-built transport infrastructure.
The plan is backed by the Thai

Sinopacific delivers first SP AHTS

Sinopacific Shipbuilding Group has successfully delivered its first independently designed medium-sized anchor-handling tug supply (AHTS) offshore vessel in the SP series on 28 April.
Ossoy, the first of four newbuilds in the SPA150 AHTS series, was delivered to Russian shipowner FEMCO Group at the

Samudera posts higher profit in Q1

Singapore-listed container shipping company Samudera Shipping Line posted a profit of USD6.1 million for the first quarter ended 31 March 2015, much higher than its USD0.4 million profit in the first quarter of 2014.
The first quarter’s higher profit was recorded despite a year-on-year (y/y) drop