Advertisements

Tag: Maritime

In 6 Months, A Global Seaborne Shipping Firm Posts $147.2 Million

A global seaborne shipping and logistics company, Navios Maritime Holdings Inc., has reported its financial results for the second quarter and six month period ending last June 30. Chairman and Chief Executive Officer, Angeliki Frangou, said“I am pleased with the results of the second quarter of 2019 for which we reported revenue of $147.2 million and Adjusted EBITDA of $62.6 million.”

Advertisements

Cyber Criminals Up Game, Target Shipping Industry

The seeming out of control cyber criminals are currently taking their unwholesome craft to the shipping industry, and in the process, exposing vessels to cyber risks. In a frantic bid to beat them in their nasty enterprise, the existing safety management systems in ships are being broadened to appropriately address cyber attacks.