Thursday, February 15, 2018
general cargo bulk ship
Maritime News

Hedge Funds Hook Shipping Stocks Grappling for Recovery

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

February 15, 2018
Total Views: 19

Tuesday, January 16, 2018
loaded containership

Norway Wealth Fund Dumps Shipping Investments, Others on Ethics Grounds

By Jonas Bergman (Bloomberg) — Norway’s wealth fund dumped a series of companies involved in making nuclear weapons and excluded others based on human

January 16, 2018
Total Views: 5

Monday, May 22, 2017
CMA CGM mega sized containership M/V Benjamin Franklin
Maritime News

APL Turnaround Boosts CMA CGM Q1 Profits

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

May 22, 2017
Total Views: 7

Saturday, March 18, 2017

Bankrupt: Singapore’s Ezra Holdings Files Chapter 11

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

March 18, 2017
Total Views: 34

Thursday, March 16, 2017
MSC Containership docked in the port of Miami

Finally Some Good News For Containership Owners

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

March 16, 2017
Total Views: 110

Tuesday, December 20, 2016

Jack Noonan Named CMA Commodore

Today the Connecticut Maritime Association (CMA) named Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers,  Commodore for the year 2017.

December 20, 2016
Total Views: 7

Monday, November 28, 2016
HSH Nordbank Office

HSH Nordbank Starts Talks With Potential Buyers

(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

November 28, 2016
Total Views: 37


Havila Shipping Fends Off Bankruptcy

by Luca Casiraghi (Bloomberg) Havila Shipping ASA avoided a potential bankruptcy filing, after bondholders accepted a debt-restructuring deal hours before a

November 28, 2016
Total Views: 48

Thursday, November 17, 2016
loaded containership
Maritime News

The Great Trump Shipping Stock Rally May Have Just Ended

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

November 17, 2016
Total Views: 23

Maritime News

DryShips Unable to Explain 1500% Stock Price Surge

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

November 17, 2016
Total Views: 70

Wednesday, November 16, 2016

Shipping Stock Rally Raises Interest (and Questions)

By Caroline Valetkevitch NEW YORK, Nov 16 (Reuters) – Shares of U.S. shipping companies shot higher again on Wednesday, tripping various volatility halts

November 16, 2016
Total Views: 93

Maritime News

Have Shipping Stocks Gotten Way Ahead of Themselves Since the Election?

By Julie Verhage (Bloomberg) — A 1,500 percent stock surge since Nov. 8? It’s possible in Trump’s America. DryShips Inc., which owns tankers

November 16, 2016
Total Views: 30

Friday, November 4, 2016
Maritime News

KKR’s Pillarstone Set to Snap Up Europe Shipping Loans After Appointing Industry Vet

By Steve Slater LONDON, Nov 4 (IFR) – Pillarstone, the platform set up by US private equity firm KKR to buy non-core bank assets in Europe, looks set to

November 4, 2016
Total Views: 83

Thursday, September 1, 2016
NordLB office building hamburg

Germany Bails Out Bad Shipping Loans

German state-controlled lender NordLB has agreed to take full control of its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping

September 1, 2016
Total Views: 4

Wednesday, August 24, 2016
Oil and Gas Norway

Norway Companies Cut Offshore Investments

by Mikael Holter (Bloomberg) Oil and gas companies operating in Norway, western Europe’s biggest producer, cut investment forecasts further for this year and

August 24, 2016
Total Views: 38

Monday, August 22, 2016
NordLB office building hamburg

NordLB to sell $1.5B In Shipping Loans

by Maria Sheahan (Reuters) Aug 22 German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5

August 22, 2016
Total Views: 9

Tuesday, June 21, 2016
Maritime News

European Central Bank Hones In on Shipping Loans

By Andreas Kröner FRANKFURT, June 21 (Reuters) – The European Central Bank is taking a hard look at lenders’ ship financing portfolios amid a

June 21, 2016
Total Views: 9

Monday, February 22, 2016
Maritime News

German Bank NordLB in Joint Venture to Advise on Restructuring of Bad Ship Loans

FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of

February 22, 2016
Total Views: 1

Tuesday, October 20, 2015
Maritime News

Singapore Offshore Vessel Owners Tap Alternatives to Scarce Bank Funding

  By Rujun Shen SINGAPORE, Oct 20 (Reuters) – Offshore services firms in the Asian oil hub of Singapore are turning to higher-cost alternative

October 20, 2015
Total Views: 38

Wednesday, August 5, 2015

U.S. Investment Funds Target Italian Shipping Debt Deals

  By Pamela Barbaglia and Jonathan Saul LONDON, Aug 5 (Reuters) – Distressed debt investors are looking to buy shipping loans from Italian banks,

August 5, 2015
Total Views: 6