finance

By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and

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

Eneti Inc. (NYSE: NETI) announced today that it has successfully executed a senior secured green term loan facility worth up to $436.0 million. The loan will

By Roxana Tiron (BGOV) and Tony Capaccio (Bloomberg) The US Defense Department failed for the sixth consecutive year to score a clean financial audit, a goal

By Caleb Mutua (Bloomberg) — Shipping giant A.P. Moller-Maersk A/S is selling dollar-denominated green bonds for the first time ever, the latest company

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

The adage “what gets measured gets managed” rings hollow for American shipyards, as the U.S. Maritime Administration and Navy fall short of

by Captain John Konrad (gCaptain) Todd Hornbeck, the CEO of Hornbeck Offshore, recently delivered a talk at the Marine Money Week Conference in NYC. He

What is the common denominator in the recent port congestion crisis and current Taiwan security crisis, global food crisis, global energy crisis, US military

By Asad Zulfiqar (Bloomberg) — A shipping hedge fund founded by a one-time ally of oil tanker billionaire John Fredriksen says the industry is set for

By Barry Parker (gCaptain) Marine Money’s “Ship Finance Forum” in New York attracted a superb roster of speakers, informing a spirited group of attendees

With billions of dollars in new contracts why are US shipyard valuations hitting record

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

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

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

By John Konrad (gCaptain) At the intersection of big banking and big shipping is Marine Money Week 2022, an annual event in Manhattan that hosts executives

By Dmitry Zhdannikov (Reuters) The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil

By Captain John Konrad (gCaptain) CNBC editor Lori Ann LaRocco is a superstar in the world of logistics and seaborne trade. LaRocco’s tireless and timely

Can container freight futures offer an antidote for supply chain blues? The Baltic Exchange, which pioneered indexation and transacting of drybulk freight

The founder of the stock market’s only freight futures exchange-traded fund (ETF) focused exclusively on the dry bulk shipping sector has launched the