SER Earnings from Freight Traffic Register 6 Per Cent Growth

KOLKATA: South Eastern Railway has earned Rs 6007.17 crore during the first half of the current financial year from originating freight traffic, an SER spokesman said recently. The amount earned from April to September of 2018-19 by the SER is Rs 348.59 crore more than the corresponding period of last financial year, thus registering a
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BW Group’s first LR2 tankers will be delivered from the first quarter of next year even as the sector is facing challenges due to poor earnings, its CEO Andreas Sohmen-Pao said. The group already has a combined total of more than 40 LR1 and MR product tankers and last year placed an order for six
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We have previously advised you of the three suezmax newbuildings from Samsung Shipbuilding in South Korea in 2018. The first one was delivered to NAT July 10, 2018. The second ship was delivered yesterday, August 31, also this unit on time and on budget. The vessel has the name of Nordic Cygnus, which is a
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Revenue for the second quarter of 2018 increased 16% to US$22,118,000, comparing to US$18,995,000 for the corresponding quarter in 2017. The Company recorded a consolidated net profit of US$2,841,000 for current quarter as compared to a consolidated net loss of US$784,000 for the corresponding quarter in 2017. Basic earnings per share was US$0.026 for the
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Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), reported its financial results for the three months ended June 30, 2018. Highlights for the First Quarter Fiscal Year 2019 -Revenues of $27.6 million and Daily Time Charter Equivalent (“TCE”)(1) rate for our fleet of $16,553 for the three months
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GasLog Partners LP, an international owner and operator of liquefied natural gas (“LNG”) carriers, reported its financial results for the three-month period ended June 30, 2018. Highlights -Completed the acquisition of the GasLog Gibraltar from GasLog Ltd. (“GasLog”) for $207.0 million, with attached multi-year charter to a subsidiary of Royal Dutch Shell plc (“Shell”). The
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Goldman Sachs Group Inc. reported slightly higher risk-taking in commodities and signaled a recovery for the business that last year suffered its worst performance since the bank went public in 1999. Commodity performance increased significantly compared with the second quarter of 2017, Chief Financial Officer Marty Chavez told analysts on a conference call. Goldman’s commodities
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The Steel Authority of India Ltd., which reported weak earnings over the last few years, expects earnings improvement from the current quarter, its Chairman PK Singh said. The profit during January-March, 2018 period is expected to improve as compared with the three months ended December, Singh told BloombergQuint in an interview, adding that all its
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