
Finance
Keep informed with daily analysis and insight into shipping’s relationship with financial markets including company results, credit reports and investment decisions

Post-pandemic tanker rates recovery puts International Seaways back in black
New York-listed owner of 78 tankers reports first profit in five quarters

LNG retrofit ‘improves carbon ratings’, study finds
SEA-LNG study claims $30.3m retrofit cost to use liquefied natural gas as marine fuel is ‘win-win’ for environment

Exmar sells Tango FLNG to Eni
The unit, which is expected to start operations in the second half of next year, will be deployed in a project in the Congo

EuroDry fleet expansion programme boosts earnings
Chief executive Aristides Pittas says rates remain profitable despite a near 40% plunge since late May

Clarksons has record year on global shipping shortages
Broker sees big boost to both top and bottom lines in first half of the year

Improved MR market helps lift Pyxis Tankers
Nasdaq-listed owner acknowledges rising tanker values may make expansion ‘challenging’

CULines plots Hong Kong IPO for fleet expansion
CULines warns that the volatile and cyclical nature of the global container shipping industry may impact its business

Yangzijiang boosted by record ship deliveries
Company faced ‘an extremely challenging environment’ caused by pandemic-induced supply chain disruptions but has delivered a record number of vessels in the first six months of the year, says chairman

Sustainable financing propels MISC’s ESG ambitions
The global focus on environmental, social and governance (ESG) principles has led to the worldwide expansion of sustainability-focused investments

Star Bulk recoups $250m scrubber outlay
Company optimistic about earning prospects despite uncertain macroeconomic outlook, says chief

Singapore sees shipping banks rebound
At its peak, there were about 30 shipping banks operating out of Singapore, industry sources said, while now there are 20 lenders providing banking facilities to support shipping clients

Eagle Bulk chief hails record second-quarter net profit
Increased demand for minor bulk products resulted in higher charter rates and stronger market, and drove record net income
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.