Revenue stood at $13.3 billion in the first quarter of 2025, driven mostly by the Group’s maritime shipping business. EBITDA totalled $3.1 billion, 29.1 per cent higher than in the first quarter of 2024. EBITDA margin came in at 23.3 per cent, up 3.1 points. In Q1 2025, CMA CGM carried 5.8 million TEUs, a 4.2 per cent increase year-on-year… Read More
Dredging and coastal protection company Great Lakes Dredge & Dock (NASDAQ:GLDD) announced better-than-expected revenue in Q1 CY2025, with sales up 22.3% year on year to $242.9 million. Its non-GAAP profit of $0.49 per share was 86.7% above analysts’ consensus estimates. Great Lakes Dredge & Dock (GLDD) Q1 CY2025 Highlights: Revenue: $242.9 million vs analyst estimates of… Read More
Israeli container shipping company ZIM (NYSE: ZIM) reported strong first-quarter results today, with net income more than tripling to $296 million compared to $92 million in the same period last year. The company’s performance comes as it navigates the ongoing Red Sea crisis, where Houthi militants continue to enforce a blockade of Israel-linked ships. The Haifa-based carrier saw… Read More
UK Dredging (UKD), a division of Associated British Ports (ABP), proudly hosted the official naming ceremony for the UKD Seadragon, a state-of-the-art Shoalbuster 2711 Water Injection Dredger (WID), and the latest addition to UKD’s fleet, on Wednesday 15 May 2025, ABP said. In the ceremony, which took place in Cardiff’s Roath Basin, UKD and ABP… Read More
May 20, 2025 – Arcadis, a global leader in intelligence-driven sustainable design, engineering, and consultancy solutions, has been appointed by ProRail to provide project supervision and back-office support for the extensive renovation of Amsterdam Central Station. The six-year project transformation has a potential fee value of €21 million with options for two one-year extensions. In addition… Read More
