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

The Lloyd’s List Podcast: How to retrofit a more efficient shipping industry
Given the availability and relative affordability of proven technology capable of making the existing fleet more efficient, why are shipowners not queuing outside ship repair yards demanding immediate retrofits to their ships? This week’s podcast explores the complex questions of finance, payback and a deeply conservative attitude to technology upgrades

Capital Product earnings get boost from LNG carrier additions
Greece-based containership and gas carrier owner has $1.9bn backlog of contracted revenue, of which 64% is tied to its seven LNG carriers

K Line profits boosted by box boom
K Line’s dry bulk segment was supported by increasing demand for Chinese grain imports in the last nine months of last year

NYK’s profits climb one third on ONE’s performance
In the automotive transportation segment, the impact of the global semiconductor shortage and the coronavirus on automobile production volumes is gradually receding, and transportation volumes increased compared with the same period last year, NYK said

SGX to launch container FFAs
Greater volatility amid uncertainty related to geopolitics, and the pandemic effects disrupting supply chains, is bound to drive interest in the new futures contracts at this time, says SGX head of commodities

Adani Ports shares and bonds under pressure following short seller’s report
Adani Ports-led consortium officially took over Haifa port in Israel earlier this week

Divorce will not stop Euronav seeking new partners
Euronav’s jilted chief Hugo De Stoop is going through a messy divorce, but is he holding out some hope that the relationship may not be over, or is he already looking for new partners?

Shipping associations call for inclusion of maritime technology in EU Green Industrial Plan
The European Commission presented its plan to increase competitiveness of the net zero industry, prompting calls from the shipping industry for maritime technology to be included

OceanPal acquires fifth bulker after exercising Diana option
Deal includes a $4m cash payment on signing with the remainder to be paid in preferred shares

ForestWave adds eight MPVs to fleet after purchase of rival Symphony Shipping
Sale of Netherlands shipowner includes seven modern geared multi-purpose ships of between 10,500 dwt and 12,500 dwt capacities, and one 12,000 dwt newbuilding is included in the deal

DSV lowers earnings expectations as market cools
An unclear macroeconomic outlook and the unwinding of pandemic disruptions have led DSV to lower its outlook for 2023. But lower valuations could make room for more merger and acquisition activity

Dorian LPG posts record revenues as VLGCs continue upswing
Company’s earning capacity to expand with four additional VLGCs to join the fleet as well as with fitting of scrubbers to three more ships
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