U.S. Oil Producers Lock-In 2019, 2020 Revenue As Prices Rally

U.S. shale producers are locking in prices for their production as much as three years into the future in a sign that strong domestic crude pricing is nearing a peak, according to market sources familiar with money flows. U.S. crude prices for 2019 and 2020 CLYstc1 CLYstc2, based on an average of each year’s monthly
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CMA CGM has registered increased volumes and revenue in the second quarter (April-June) of 2018, as per the relevant financial statements released last week. Revenue increase driven by volume growth In the second quarter of 2018, the volumes transported by CMA CGM increased by +9.6 per cent, higher than the industry growth. This progress can
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In order to provide speedy clearance to export consignments, the Revenue Department is in the process of introducing a system of uploading digitally signed supporting documents at the Air Cargo Complex (New Delhi) and the Chennai Customs House, thus making the process easy. This comes in the wake of successful implementation of paperless processing/e-SANCHIT under
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Pitney Bowes Inc., a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and data, has released the Pitney Bowes Parcel Shipping Index—the industry’s most comprehensive parcel shipping report along with shipping-related insights across 13 countries representing 3.7 billion people. The survey reports that parcel shipping generated $279 billion in
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HAIFA: The container shipping industry is dynamic and volatile and has been marked in recent years by instability, as a result of continued deterioration of market environment. Furthermore, the shipping liner industry went through major developments and structural changes which include reshaping of the alliances and M&A activities that took place over the last quarters.
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In the second quarter of 2018, A.P. Moller-Maersk A/S showed progress in strategic business transformation, reporting revenue growth at the same time as realising synergies through further business integration. Revenue grew 24 per cent to $ 9.5 billion across segments, 5.7 per cent excluding the effect from Hamburg Süd. Revenue growth was seen in key
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In the second quarter of 2018, A.P. Møller – Mærsk A/S showed progress in the strategic business transformation, reporting revenue growth at the same time as realising synergies through further business integration. Revenue grew 24% to USD 9.5bn across segments, 5.7% excluding the effect from Hamburg Süd. Revenue growth was seen in key areas such
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Global trade enabler DP World today announces robust financial results for the six months to 30 June 2018. On a reported basis, revenue grew 14.4% and adjusted EBITDA increased by 7.9%. Adjusted EBITDA margin was 50.3%, delivering profit attributable to owners of the Company, before separately disclosed items1 , of $593 million and EPS of
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Gati Ltd, a leader in express distribution and supply chain solutions posted its financial results for the first quarter ending June 30, 2018. In the first quarter of FY19, the company’s consolidated revenue from operations was Rs 4,557 million, up 6.8 percent over Q1 FY18. Consolidated PBT was Rs 83 million and consolidated PAT was
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Great Eastern Shipping Company (GE Shipping) on Friday reported a consolidated net loss of Rs 2.45 billion during the quarter ended June 30, 2018. The company had posted a net profit of Rs 1.03 billion during the same period a year ago, it said in a BSE filing. Total income of the company during the
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