CK Hutchison Banks 7% Profit Rise
CK Hutchison posted a 7% rise in 2025 underlying profit on Thursday, as the market awaits updates on the company's proposed sale of its ports business and other spin-off plans.The Hong Kong ports-to-telecoms conglomerate reported underlying profit of HK$22.3 billion ($2.85 billion) on a post-IFRS 16 basis. That compared with an HK$22.9 billion LSEG SmartEstimate and the HK$20.8 billion booked a year earlier.Including a one-time non-cash accounting loss…
Echo Marine Group to Deliver Western Australia’s First Electric Ferry Fleet
Lloyd’s Register (LR) has signed a new contract with long-standing partner Echo Marine Group to support the delivery of Western Australia’s first fully electric passenger ferries - marking a major milestone for sustainable public transport in Australia.The project, which is a part of the Perth Transport Authority’s (PTA) METRONET Swan River Ferry Service Expansion programme, will see the design and construction of five new battery-electric ferries for operation on Perth’s Swan River.
Green Ammonia Shines When Regulation is Considered, says study
A new analysis from WinGD and Envision Energy suggests something the maritime industry has been debating for years ... and likely will be debating for many years to come: the changing economics of zero-emission fuels.For shipowners, the significance is straightforward. The conversation is shifting from if green fuels can compete to when — and in some cases, that answer may already be “now.”On a pure fuel-cost basis…
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