by John Konrad (gCaptain) Yesterday we wrote that shares of the offshore drillship company Transocean ($RIG) were surging on retail investor interest in highly shorted companies like Gamestock. Later in...

By Noor Zainab Hussain (Reuters) – Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger,...

By Captain John Konrad (gCaptain) In our article “THIS IS NOT A DRILL”  we sounded the alarm on the failure of the US Merchant Marine. We followed that article with...

by Jacob Gronholt-Pedersen (Reuters) – Shipping group Maersk on Wednesday issued full-year earnings guidance above its forecast at the beginning of the year and said it expects demand for moving...

June 23 (Reuters) – Ratings agency Standard & Poor’s on Tuesday downgraded bonds of Carnival Corp to junk status, forecasting continued weak demand for the cruise industry hammered by the...

With COVID19 wreaking havoc in the stock market, you might think that travel or tourism stock might be the biggest losers of the past decade. But, according to a new...

By Jonathan Saul LONDON, Jan 30 (Reuters) – Credit Suisse, BNP Paribas and French public investment bank Bpifrance are the latest lenders to join an initiative to link provision of...

By Archana Narayanan and Alaa Shahine (Bloomberg) –DP World Plc is hiring banks to raise about $1 billion of bonds to finance the acquisition of Topaz Energy & Marine Plc,...

By Jonathan Saul and Maiya Keidan LONDON, Feb 20 (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before,...

By Jonathan Saul and Maiya Keidan LONDON, March 8 (Reuters) – U.S.-based fund manager Breakwave Advisors is launching the first exchange-traded fund (ETF) focusing on freight futures, reflecting growing investor interest...

By Maiya Keidan and Jonathan Saul LONDON, Feb 15 (Reuters) – Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet...

By Jonas Bergman (Bloomberg) — Norway’s wealth fund dumped a series of companies involved in making nuclear weapons and excluded others based on human rights concerns as the $1.1 trillion...

  By Gavin van Marle (TheLoadStar) A dramatic turnaround in the fortunes of recently acquired APL helped French carrier CMA CGM offset a slight decline in revenue and volumes in the first...

by Tom Hals (Bloomberg) Oilfield services firm Ezra Holdings Ltd (EZRA.SI) of Singapore filed for U.S. Chapter 11 bankruptcy on Saturday, blaming a prolonged slump in the energy industry. The...

By Mike Wackett (TheLoadstar) Brokers are reporting good news for embattled containership owners this week in the container charter market, with a big rise in enquiries and improving daily hire...

Today the Connecticut Maritime Association (CMA) named Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers,  Commodore for the year 2017. Mr. Noonan follows a long succession of influential maritime industry...

(Bloomberg) HSH Nordbank AG will stick to its full-year outlook when it reports nine-months results next week, a crucial yardstick for potential investors as the bank starts to gauge interest...

by Luca Casiraghi (Bloomberg) Havila Shipping ASA avoided a potential bankruptcy filing, after bondholders accepted a debt-restructuring deal hours before a company deadline. The Norwegian operator of oil-rig support vessels...

US-listed shipping stocks ended their head-scratching post-election rally on Thursday with a major correction that saw some stocks fall more than 50% since Wednesday’s close. NASDAQ-listed DryShips Inc. (NASDAQ: DRYS),...

DryShips on Thursday said it has raised $20 million through a registered direct offering but otherwise cannot explain the meteoric rise in the price of its stock since Donald Trump...