The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
Foresight Energy is slowly moving forward to return its idled Deer Run thermal coal longwall mine in Illinois to operation, although officials still did not know Thursday exactly when that return might occur. Mine rescue teams have ...
Tags: Foresight Energy, mine, coal
The world's largest wind turbine maker, Denmark-based Vestas', third- quarter results on Thursday were boosted by strong orders for its turbines as analysts reported the group was obtaining higher prices for its products. Vestas CEO ...
Tags: wind turbine, Vestas
Alaskan legislators on Wednesday approved the state's buyout of TransCanada's interest in the Alaska LNG Project. The state House of Representatives voted Wednesday to approve funds for the acquisition, which was proposed by Governor Bill ...
Tags: Alaska LNG, TransCanada, oil revenues
Ukraine has wired an additional $24 million in prepayment to Russia's Gazprom for five days of gas supplies, Gazprom's CEO Alexei Miller said Thursday, indicating a significant cut in Kiev's Russian gas imports from last week, along with ...
HTC has reported revenues of NT$8.95 billion (US$276.8 million) for October, up 25.92% on month but down 43.2% on year. The October figures were the company's highest in six months. For the first 10 months of 2015, revenues amounted to ...
Tags: HIT, HTC, revenues, smartphone
Despite recent rebounding shipments of consumer notebooks due to replenishing inventories, global demand is still weak and therefore shipments are likely to significantly drop after the 2015 year-end holidays, especially since the first ...
IC distributor WPG expects its revenues to decline 4-6% to NT$129-135 billion (US$3.99-4.18 billion) in the fourth quarter of 2015 with a gross margin of 3.95-4.1% and an operating margin of 1.4-1.6%. WPG also reported net profits of ...
Tags: 4Q15, IC distributor, revenues, WPG
Rollouts of new smartphone models will stimulate demand for mobile DRAM memory in the fourth quarter of 2015, with the chip prices falling at a slower pace, according to DRAMeXchange. With the peak season for smartphone shipments ...
Tags: 4Q15, DRAM, mobile DRAM, SK Hynix
Wistron has announced its third-quarter financial results, reporting a drop in net profit by 54.7% on year to reach only NT$657 million (US$20.26 million) due to exchange losses from selling its service center in the Netherlands. Compared ...
Hard disk drive (HDD) makers Western Digital and Seagate have announced their financial results for the third quarter and both makers are seeing their PC business revenue contributions weaken. PC HDDs only contributed about 34% of Western ...
Tags: HDD, PC, Seagate, storage, Western Digital
China-based LED epitaxial wafer and chip maker San'an Optoelectronics saw revenues of CNY3.602 billion (US$576 million) and net profit of CNY1.447 billion for January-September 2015 increase 3.55% and 37.82% respectively on year, while ...
Touch panel maker TPK has announced net loss of NT$19.4 billion (US$600 million), or loss per share of NT$55.15 for the third quarter of 2015. The operating loss was primarily attributable to one-off asset impairment charges on ...
Tags: 3Q15, loss, touch panel, TPK
Solar cell maker Motech Industries has released its financial report for the third quarter of 2015, with business operations swinging from the red into profitability. Motech recorded consolidated revenues of NT$7.098 billion (US$216 ...
Tags: 3Q15, Motech, Motech Industries