Finance

(Bloomberg) — Qatar Gas Transport Co., the operator of liquefied natural gas vessels, said its joint venture with Angelicoussis Shipping Group Ltd.

June 28 (Reuters) – Shipping company Ardmore Shipping Corp filed with U.S. regulators to raise up to $160 million in an initial public offering of common

June 28 (Bloomberg) — Subsea 7 SA, an offshore oil services provider, advanced in Oslo as investors bought back into the stock after a

Commerzbank on Wednesday sought to reassure investors that it is not selling assets in a value destructive manner in response to market speculation about a

(Bloomberg) — STX Pan Ocean Co., South Korea’s largest commodities-shipping company, slumped to the lowest level in Seoul trading since its

Last Wednesday I wrote an article about the epidemic, more like trend to be exact, of Greek shipping companies issuing preferred shares to boost their equity

(Reuters) STX Pan Ocean – owner of 97 bulk vessels, 249 chartered-in ships and open contracts for 28 newbuilds – filed for court receivership on

Tired of staid common shares?  Looking to spice up your day-trading life? How about some Series-B Cumulative Redeemable Perpetual Preferred Shares? (I cannot

LONDON, May 31 (Reuters) – Lloyds Banking Group is looking to sell an estimated $500 million tranche of its shipping loans as it continues to shrink its

By Balazs Koranyi OSLO, May 30 (Reuters) – Frontline Ltd, the tanker arm of shipping tycoon John Fredriksen’s business empire, expects losses to

Vancouver-based Teekay Corporation (NYSE:TK), has turned over the keys to the Cidade de Itajai FPSO in a $204 million deal struck today with their daughter

(Bloomberg) — Seadrill Ltd., the offshore drilling company controlled by billionaire John Fredriksen, climbed in Oslo as investors bet payments to

(Bloomberg) — Golden Ocean Group Ltd., the dry bulk shipping group controlled by billionaire John Fredriksen, rose in Oslo as a strong balance sheet and

Ocean Rig CEO George Economou commented in his Q1 2013 earnings report yesterday that the “outlook for the UDW (Ultra-Deepwater) drilling industry is

(Bloomberg) — Rickmers Group is breaking with tradition as it seeks to become the first German charter shipping company to raise money in the bond

(Bloomberg) — D/S Norden A/S, Europe’s biggest owner of ships hauling iron ore and coal, is making its first bet in three years that rates for

Wilbur Ross said he intends to add to his shipping investments as slowing growth of the merchant fleet spurs an industry recovery as soon as next

Investors in Songa Offshore (SONG:OSLO) reacted positively today to comments made by interim CEO and Chairman of the Board, Jens A Wilhelmsen.  Share prices

Neptune Orient Lines Ltd., Southeast Asia’s biggest container-shipping company, posted a profit in the first quarter, helped by gains from selling its

South Korea's STX Offshore & Shipbuilding Co is considering the sale of shipyards in France, Finland and