Finance

Does anyone remember the financial crisis of 2008? Politicians, bankers and corporate executives were playing down the potential of a financial crisis before

OSLO, March 20 (Reuters) – Tanker Investments’ raised $175 million in an initial public offering in Oslo, valuing the firm at 2.9 billion crowns

OSLO, March 14 (Reuters) – The initial public offering (IPO) for Tanker Investments Ltd in Oslo is oversubscribed and will be expanded to $150-175

Hanjin Shipping, South Korea’s largest shipping company, announced in a stock exchange filing today that it will be merging itself back into its parent

March 12 (Bloomberg) — Billionaire Wilbur Ross said an initial public offering for Diamond S Shipping Group Inc., the tanker company in which his firm is

OSLO, March 12 (Reuters) – Gas tanker operator Avance Gas Holding is planning an initial public offering (IPO) and aims to list its shares on the Oslo

As part of Torm’s 2012 restructuring agreement, three bank facilities were given certain specific option rights up until 31 July 2014 that could trigger

After a very successful year which has seen product tanker owner, d’Amico International Shipping S.A. (Borsa Italiana: DIS), shares rise over 59 percent, the

By Roger King, CreditSights (re-published with permission via Castalia Blog) Separated at birth: The Reasonable Man and GAAP. Somewhere along the line, lease

COPENHAGEN, March 5 (Reuters) – Danish ship fuel supplier OW Bunker plans an initial public offering (IPO) of shares in Copenhagen, it said on Wednesday,

Troubled German public-sector bank HSH Nordbank will likely need more state aid than previously thought due to deep losses in shipping lending and back taxes,

Creditors of South Korea's STX Offshore & Shipbuilding Co Ltd have decided to lend the debt-laden shipbuilder an extra 1.8 trillion won ($1.7 billion), two

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public

Concordia Maritime (STO:CCORB) announced on Friday a signed agreement with Shell Tankers Singapore Pte Ltd for the charter of the 65,200 dwt P-MAX tankers

Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock

BERLIN, Feb 14 (Reuters) – German public-sector lender NordLB is not planning a merger with peer HSH Nordbank, its Chief Executive said in reaction to

Samsung Heavy Industries terminated a contract to build three "very large containerships" according to a regulatory filing

Less than a month after its largest new-building order and a fully subscribed IPO, Scorpio Bulkers Inc. (SALT) has struck again, albeit more modestly.  This

Finnish cargo handling equipment maker Cargotec reported a stronger-than-expected order intake in the fourth quarter, boosting hopes its troubled marine