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Shipping pool operator and commercial manager Heidmar has taken the next step in a second bid to secure a public listing in the US. Heidmar and prospective merger partner MGO …
It was American baseball legend turned cultural icon Yogi Berra who coined the expression, “It ain’t over till it’s over.” But it appears that those are words to live by …
Offshore and renewables company Marco Polo Marine saw its profits rise on the back of buoyant charter markets. Sean Lee, CEO of Marco Polo Marine said: “We are encouraged by …
Handysize bulker specialist Uni-Asia Group plans to fix its older ships on shorter-term charters as it looks to potentially offload the vessels. The Singapore-listed shipowner, which describes itself
Japanese shipbuilder and engine maker Kawasaki Heavy Industries has admitted to fixing emissions data on its two-stroke marine engines It is the third company to have put its hands up …
One of the biggest noises on the company earnings front came from Israeli container liner operator Zim. The Idan Ofer-backed outfit not only crushed analysts’ earnings expectations for the quarter …
It’s not often consolidation has happened in shipping with a John Fredriksen company playing the role of the consolidated. The Norwegian is arguably shipping’s greatest dealmaker, and most of that …
Capesize rates continue their buoyant streak closing in on a four-week peak. The Baltic Exchange has global averages at $23,608 per today, up from $23,100 per day yesterday as it …
Navigator Holdings has upgraded to buy by Clarksons Securities on the strength of its financial performance. Last week, the New York-listed gas carrier owner reported another record quarter, benefiti
The 29 crew of the Delta Tankers-operated 163,759-dwt Sounion (built 2006) have been rescued by a French naval destroyer, the AP news agency reports. The loaded crude tanker was left …
One of the biggest noises on the company earnings front came from Israeli container liner operator Zim. The Idan Ofer-backed outfit not only crushed analysts’ earnings expectations for the quarter …
A bulker targeted five times by the Houthis in the Gulf of Aden on Wednesday has been identified as the 31,544-gt SW North Wind I (built 2009). The ship’s master …
Russian energy company Novatek could have access to three of its planned ice-breaking Arc7 LNG carriers by this winter for its just started-up Arctic LNG 2 project, data provider Kpler …
Oslo-listed Hunter Group reported a net loss for the second quarter of $0.36m. The result was mainly impacted by a net time charter loss during the second quarter and an …
Danske Bank in Oslo has recruited Ronny Junge-Larsen from NRP. Junge-Larsen will take the position as head of advisory banking Norway. Advisory banking is a segment in Danske's business customers …
Belships reported second quarter results in line with analysts’ expectations. The Oslo-listed bulker owner’s Ebitda was $29.3m, compared with $40.5m in the same period last year. Time charter equiva
China Development Bank Financial Leasing (CDB Leasing) continues to increase its financial ties with prominent Greek LNG carrier owner Peter Livanos. The Hong Kong-listed company has recently confirm
Norway’s domestic wealth fund boosted its holdings in Frontline and Hafnia during the first half of the year. The Global Pension Fund Norway now owns 4.9% of Frontline compared with …
Handysize bulker specialist Uni-Asia Group plans to fix its older ships on shorter-term charters as it looks to potentially offload those ships. The Singapore-listed shipowner, which describes itself
An Indian court has ordered the judicial sale of a Vietnamese bulker that was involved in a big drug bust in the Port of Paradip during December 2023. Asia Pacific …
