Finance

OSLO, Feb 3 (Reuters) – Oil tanker operator Frontline sold 8.8 million new shares in January as part of an equity distribution agreement with Morgan

By Arno Schuetze and Andreas Kröner FRANKFURT, Jan 30 (Reuters) – As the European Central Bank prepares to test the resilience of the region’s

Qatar Shipping, a wholly owned subsidiary of Milaha announced today the securing of a 12 year, US $425 million fixed-term ship financing facility with a

Noble Corporation’s (NYSE: NE) 4th quarter and 2013 earnings release today revealed the offshore drilling contractor earned $783 million,

Hapag-Lloyd AG, Germany’s biggest container shipper, is negotiating an all-share transaction to acquire Chile’s Cia. Sud Americana de Vapores SA, according

Oilfield services firm Ezra Holdings Ltd said on Friday it has appointed JP Morgan Chase & Co to advise on strategic options for its subsea services division,

China COSCO Holdings, China's largest bulk shipping company, said on Thursday that it would have returned to profit in 2013, avoiding a possible delisting

MONACO–(BUSINESS WIRE)–Jan. 13, 2014– Regulatory News : GasLog Ltd. (“GasLog” or the “Company”) (NYSE:GLOG) today announced its

In a week expected to be dominated by otherwise routine festive celebrations, Kinder Morgan Energy Partners, L.P. (NYSE: KMP) announced that it has entered

Beleaguered tanker company Overseas Shipholding Group Inc. (OSG), saw today its stock jumping 36%, amid very heavy trading. The stock closed at $6.05 per

SEOUL, Dec 19 (Reuters) – Korean Air Lines Co Ltd plans to raise 3.5 trillion won ($3.33 billion) over two years by selling assets such as shares in

After a five-year slump in shipping, investors are betting on better times by taking over shipowners' debts from European banks keen to offload troubled loans

UBS AG sold $45.2 million of seven- year notes tied to offshore oil drilling company Ensco Plc, the Swiss bank’s largest U.S. offering in 17

The shipping recovery that is currently be discussed and propounded by analysts, shipowners, private equity investors and bankers is based upon an unstable

JERUSALEM, Dec 15 (Reuters) – Standard & Poor’s Maalot lowered its rating for Israeli shipping firm Zim to “CC” from

Scorpio was able to raise $305 million in gross

HSH Nordbank AG, the world’s largest shipping lender, said new loans to businesses surged about 30 percent this year, after Moody’s Investors

Germany’s top shipping lenders, including Commerzbank AG and HSH Nordbank AG, face rising credit default risks next year as banks come under increasing

This week I turn my attention to the coming IPO of Scorpio Bulkers Inc., an ambitious dry-cargo start-up led by the same management team as Scorpio Tankers

KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, hired Goldman Sachs Group Inc. to sell its Turkish shipping company U.N. Ro-Ro