Focusrite: Music tech firm’s bottom line hit by shipping and logistical woes August 28, 2024 Shares in UK-based music software company Focusrite plunged 16.7 per cent after it reported that, while demand for its products remains strong, shipping and logistics challenges are squeezing its bottom line. Revenue is expected to come in around £157m, in line with current market expectations, as overall demand for its suite of audio tech products [...]
Clarkson shares plunge despite dividend hike August 5, 2024 It marks the 22nd consecutive year the FTSE 250 shipbroker has increased dividend payouts for its investors.
Net zero plan ‘long overdue’: UK shipping warns it’s falling behind on decarbonisation July 31, 2024 The shipping industry is concerned the govenrment is mismatching priorities, with the aviation sector's bid to decarbonise mentioned in the King's Speech.
Harland & Wolff: Propping up Titanic shipbuilder posed ‘substantial risk taxpayer cash would be lost’ July 22, 2024 The Belfast shipyard, which built the Titanic, is facing collapse after the new Labour government refused to guarantee a critical £200m loan.
ABP: Port operator slips back into the red as economic uncertainty dents finances July 3, 2024 Associated British Ports (ABP) slumped back into the red after "ongoing uncertainty" in the global economy took a toll on its finances.
James Latham: Red Sea attacks dent timber supplier’s profit June 27, 2024 Timber distributor James Latham has taken a hit to its profit as shipping attacks in the Red Sea sent the cost of containers flying.
Ferrari Group strikes gold as shipping bottlenecks give way to record sales June 20, 2024 Ferrari Group, which specialises in shipping jewelry and luxury goods across the globe, has reported the strongest sales in its 50 year history as ongoing efforts to expand its catchment area begin to pay off.
Who Gives A Crap? UK shoppers answer ‘us’ as eco-friendly loo roll company triples profit June 17, 2024 The UK arm of eco-friendly toilet paper brand Who Gives A Crap has achieved record sales after a global advertising campaign boosted demand for its bamboo loo roll.
Major British port operator unveils plan for first ‘green shipping corridors’ in UK May 23, 2024 Peel Ports Group has announced plans to establish the UK's first green shipping corridors between Ireland.
Ferguson Marine: Scots ferry boss sacked March 26, 2024 The chief executive of Ferguson Marine has been sacked by the state-owned company’s board.