Finance


Thursday, November 28, 2013
nordlb
Finance

NordLB Raises Loan-Loss Provisions as Shipping Crisis Persists

Norddeutsche Landesbank Girozentrale, one of the world’s top shipping lenders, increased loan-loss provisions by 2 percent in the third quarter as the

November 28, 2013
Total Views: 50

Wednesday, November 27, 2013
stock market display investing
Finance

Investing in the Shipping Markets?

How does one invest in the shipping markets when the global economy is manipulated by central

November 27, 2013
Total Views: 53

Monday, November 25, 2013
wilbur ross
Finance

Navigator Holdings Ltd. – A Case Study on Private Equity Groups

The foray of private equity groups in the shipping industry has been a focal point of discussion in industry forums, ever since the high-profile investments by

November 25, 2013
Total Views: 131

Sunday, November 24, 2013
george soros
Finance

‘Things Cannot Get Worse’ in Shipping

The momentum keeps building that shipping is indeed in a cyclical

November 24, 2013
Total Views: 116

Friday, November 22, 2013
gtt CS1 Membrane System lng tank
Finance

LNG Tanker Membrane Maker GTT Planning IPO

French gas and power group GDF Suez is working on a stock market listing for its Gaztransport & Technigaz (GTT) subsidiary, Chief Executive Gerard Mestrallet

November 22, 2013
Total Views: 256

Wednesday, November 20, 2013
vlgc bw prince
Finance

BW LPG to be Listed on the Oslo Bors

BW LPG Limited, the world’s largest owner and operator of very large gas carriers (VLGCs) will be listed on the Oslo Bors on Thursday, 21 November with

November 20, 2013
Total Views: 81

rongsheng heavy industries
Finance

Credit-Driven China Glut Threatens to Spark Bank Debt Crisis

Nov. 19 (Bloomberg) — In China’s “Shipping Valley,” where the Yangtze River empties into the sea north of Shanghai, the once-bustling

November 20, 2013
Total Views: 29

Wednesday, November 13, 2013
lloyd's building london
Finance

Lloyds Cuts Exposure to Shipping Sector by $500 Million

By Jonathan Saul and Matt Scuffham LONDON, Nov 13 (Reuters) – Lloyds Banking Group has sold a $500 million-plus portfolio of shipping loans to cut its

November 13, 2013
Total Views: 67

Monday, November 11, 2013
discoverer americas
Finance

Transocean Reaches $1.1 Billion Dividend Accord With Icahn

Nov. 11 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, will boost its dividend and cut costs as part of an agreement

November 11, 2013
Total Views: 50

Monday, September 30, 2013
maersk headquarters copenhagen
Finance

Maersk Declines on Global Growth Concerns

Sept. 30 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest shipping line, fell the most in a week in Copenhagen trading on

September 30, 2013
Total Views: 40

Thursday, September 26, 2013
billion dollars money finance cash
Blog

Shipping Cynic – If You Had $1 Billion to Invest in Shipping?

I received an email from a friend containing the following cynical view of the shipping markets. It highlights the frustration among many older

September 26, 2013
Total Views: 81

Safe scandinavia prosafe accommodation rig
Finance

Prosafe Climbs as Fondsfinans Expects Share Rebound

Sept. 26 (Bloomberg) — Prosafe SE, a supplier of floating accommodation units for the offshore oil and gas industry, rose the most on the Oslo stock

September 26, 2013
Total Views: 28

Wednesday, September 25, 2013
jim chanos o'neil
Finance

Chanos, O’Neill on Chinese Economy and Real Estate

Tom Keene at the Bloomberg Markets 50 Summit in New York interviewed Jim Chanos, founder of Kynikos Associates Ltd., and Jim O’Neill, former chairman of

September 25, 2013
Total Views: 17

Monday, September 23, 2013
finance money investing
Finance

Shipping Lenders Toughen Oversight After Worst Rout in 23 Years

Sept. 23 (Bloomberg) — Shipping lenders are tightening rules on who their clients can trade with after the industry’s worst rout in at least 23

September 23, 2013
Total Views: 36

Friday, September 20, 2013
nordea
Finance

Worst Shipping Crisis Ever Near End as Nordea Sees Loan Growth

Sept. 20 (Bloomberg) — Nordea Bank AB, Scandinavia’s biggest lender, said the shipping industry will next year begin to recover from its worst

September 20, 2013
Total Views: 99

Monday, September 16, 2013
Eivind kolding danske bank
Finance

Eivind Kolding Resigns as CEO of Danske Bank

Sept. 16 (Bloomberg) — Danske Bank A/S said Eivind Kolding will step down as chief executive officer today as the board replaces him with a candidate it

September 16, 2013
Total Views: 96

Friday, September 13, 2013
Ezra Surges to 8-Month High on Speculation of Possible Takeover
Finance

Ezra Surges to 8-Month High on Speculation of Possible Takeover

Singapore shares were slightly lower on Friday, but oil and gas services provider Ezra Holdings Ltd surged to an eight-month high on market speculation about a

September 13, 2013
Total Views: 23

Friday, August 30, 2013
LeTourneau Technologies Super 116E jackup drilling rig lamprell
Engineering News

Lamprell Shares Soar on Latest Super 116E-Class Jack-Up Order

United Arab Emirates-based rig builder Lamprell (LSE:LAM) announced today that an undisclosed drilling contractor has exercised a newbuild option for an

August 30, 2013
Total Views: 53

Wednesday, August 28, 2013
Jim Rogers: “When the Sea of Money Ends, it is Going to be a Huge Mess”
Finance

Jim Rogers: “When the Sea of Money Ends, it is Going to be a Huge Mess”

Jim Rogers is seriously concerned about the impact of continual and expansive monetary policy coordinated by central banks around the globe. We have even seen

August 28, 2013
Total Views: 23

Tuesday, August 27, 2013
china flag
Finance

China Admits Inaccurate Economic Statistics

In an article yesterday in ZeroHedge, Tyler Durden recalls from earlier this summer, “problems with the industry-specific data underlying the Chinese

August 27, 2013
Total Views: 23