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Finance


Monday, March 25, 2024
Photo of Newcastle United Co-Owner Amanda Staveley
Finance

Newcastle United Co-Owner Defeated in Bankruptcy Dispute with Greek Shipping Magnate

by Kirstin Ridley (Reuters) Newcastle United football club co-owner Amanda Staveley on Monday lost a London High Court battle with a Greek shipping tycoon over

March 25, 2024
Total Views: 3762

Monday, January 1, 2024
Houthi fighter stands on the Galaxy Leader cargo ship in the Red Sea. Houthi Military Media/Handout via REUTERS
Finance

US Treasury Targets Houthi Money Networks Behind Maritime Threats in the Red Sea

On Thursday the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced action against financial networks aiding the Houthi

January 1, 2024
Total Views: 14172

Saturday, December 30, 2023
Federal Reserve Board Chairman Jerome Powell
Finance

Will Red Sea Tensions Fuel Inflation?

By Vince Golle (Bloomberg) Shipping costs are rising as hundreds of container ships that typically transit the key maritime artery of the Red Sea and Suez

December 30, 2023
Total Views: 1216

Sunday, August 13, 2023
The cruise ship MSC Euribia underway approaching Copenhagen after its maiden voyage from Chantiers de l’Atlantique shipyard in France. This image belongs to MSC Cruises
Cruise Ships

Unpacking Economic Impact: Did MSC Cruise Ship Launch France’s GDP?

In the realm of economics, where numbers often paint a more eloquent picture than words, we sometimes find ourselves bamboozled by the outliers. Let’s

August 13, 2023
Total Views: 3718

Wednesday, June 28, 2023
carnival cruise ship
Cruise Ships

Carnival Shares Spike Despite Pause On China

By John Konrad (gCaptain) Shares of Carnival Corporation, the parent company of Carnival Cruise Lines $CCL, soared by nearly 10% today on what the CEO calls

June 28, 2023
Total Views: 2556

Thursday, June 22, 2023
IMG
Finance

The Shipping Industry’s Green Revolution May Fund Profits In Unexpected Ways Says Bulk Owner

by John Konrad (gCaptain) Hamish Norton, the President of Star Bulk Carriers, provided insightful comments on the current state and future trends in the marine

June 22, 2023
Total Views: 977

Sunday, May 7, 2023
World’s Biggest Blue-Bond Swap Emerges To Protect The Galapagos
Finance

World’s Biggest Blue-Bond Swap Emerges To Protect The Galapagos

By Esteban Duarte, Maria Elena Vizcaino and Natasha White (Bloomberg) –The world’s biggest ocean friendly debt swap is coming together in Ecuador,

May 7, 2023
Total Views: 2160

Tuesday, January 17, 2023
Baltic Index Falls To New Multi-Year Low
Finance

Baltic Index Falls To New Multi-Year Low

by Harshit Verma (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to

January 17, 2023
Total Views: 1440

Sunday, October 16, 2022
Commercial Fishing Boats
Finance

US Justice Department Probes Private Equity Fishery Deals

by Will Sennott (The New Bedford Light, ProPublica) The U.S. Department of Justice has begun looking at possible antitrust issues in the New England fishing

October 16, 2022
Total Views: 2844

Friday, August 26, 2022
Dennis Uy
Finance

Philippine Shipping Mogul Dennis Uy To Sell Crown Jewels

Uy accepted billions in loans - including more than $1 billion from Chinese banks to fund a partnership deal with China Telecommunications - and now the

August 26, 2022
Total Views: 5707

Thursday, July 28, 2022
Scorpio Says Russian Oil Ban Will Supercharge Tanker Market
Finance

Scorpio Says Russian Oil Ban Will Supercharge Tanker Market

Scorpio Tankers (NYSE: $STNG) reported the biggest quarterly profit in its history on Thursday, and said that tonne-miles will go “through the

July 28, 2022
Total Views: 5402

Sunday, July 10, 2022
Audit Finds $224 Million In Underreported Costs In NYC Ferry System 
Finance

Audit Finds $224 Million In Underreported Costs In NYC Ferry System 

New York, NY – New York City Comptroller Brad Lander released an audit showing NYC Economic Development Corporation (EDC) underreported nearly a quarter

July 10, 2022
Total Views: 4016

Wednesday, July 6, 2022
U.S.-Listed Shipping Stocks Fall Ahead Of Federal Reserve Meeting
Finance

U.S.-Listed Shipping Stocks Fall Ahead Of Federal Reserve Meeting

by John Konrad (gCaptain) Today shares of most shipping stocks are lower despite the market being mostly flat ahead of the important US Federal Reserve minutes

July 6, 2022
Total Views: 849

Tuesday, July 5, 2022
trump tariffs on china
Finance

Biden May Start Easing Trumps’ China  Trade Tariffs

By Bloomberg News (Bloomberg) Senior US and Chinese officials discussed US economic sanctions and tariffs Tuesday amid reports the Biden administration is

July 5, 2022
Total Views: 1553

Friday, July 1, 2022
Analyst Calls Today “Bloody Friday” For Shipping Stocks
Finance

Analyst Calls Today “Bloody Friday” For Shipping Stocks

by John Konrad (gCaptain) Shipping stocks across the board took heavy hits today in what shipping analyst J.Mintzmyer is calling “Bloody Friday.”

July 1, 2022
Total Views: 3842

Wednesday, June 29, 2022
MSC Grandiosa
Cruise Ships

Cruise Line Stocks Could “Fall To Zero” Says Banker

by John Konrad (gCaptain) While many shipping stocks have seen record profits this year, the stocks of cruise lines are among the biggest losers in the S&P

June 29, 2022
Total Views: 5952

Maritime Trade Disruption
Finance

Ship Disruption May Push Inflation Higher Says UN

by John Konrad (gCaptain) A new UN report warns logistics professionals not to discount the impact of the Ukraine War on overall ship demand or get too excited

June 29, 2022
Total Views: 797

Tuesday, June 28, 2022
Drone Photo Of A Product Tanker carrying Gasoline.
Finance

Product Tanker Stocks Hold Up Despite Stock Market Pain

by John Konrad (gCaptain) Shares of product tankers are holding up well despite outsized gains in 2022 and an overall fall in the shipping market over the past

June 28, 2022
Total Views: 960

ESG Banks Give Gunvor Giant $912 Million Loan Despite Past Ties To Putin
Environment

ESG Banks Give Gunvor Giant $912 Million Loan Despite Past Ties To Putin

by John Konrad (gCaptain) Gunvor, the energy trading firm and shipowner cofounded by sanctioned Russian Oligarch and Putin’s long-time friend Gennady

June 28, 2022
Total Views: 3515

Friday, June 24, 2022
Stock photo of a tanker being escorted by a tug in New York harbor
Finance

Marine Money Week: The New Tech Visage of Ship Finance

ESG (Environment-Social-Governance) considerations are tied integrally into shipping finance. For example, the costs of vessel loans (and soon, maritime hull

June 24, 2022
Total Views: 1438
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