finance

HSH Nordbank AG, the German lender suffering from bad shipping loans, said it’s seeking to cut “substantial legacy assets” to help return to a healthy

At a recent shipping conference, we were asked to present on the topic of smart investments in shipping given the present phase of the business cycle. The

Star Bulk Carriers Corp., the largest U.S. listed dry bulk company, said Friday it has secured up to $227.5 million in financing for seven newbuilds. With this

Port and Free Zone World (PFZW), the holding company for Dubai-based ports operator DP World, has closed a $1.2 billion loan deal, banking sources aware of the

Joh. Berenberg Gossler & Co. KG will boost lending to the maritime industry by as much as 1 billion euros ($1.1 billion) through a new shipping fund for

Overseas Shipholding Group, Inc. (NYSE MKT:OSGB) announced Thursday the appointment of Captain Ian T. Blackley as its new President and Chief Executive

BRUSSELS (Reuters) – Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock

Asian stocks slipped on Tuesday as a continuing slide in crude oil prices dampened risk appetite, while the dollar nursed losses against the safe-haven

U.S. marine shipping stocks are poised to see their shares climb 59 percent in the next 12 months, outshining the 35 percent gain on the first day of Alibaba

Greece's Alpha Bank raised more than $500 million from a transaction backed by shipping loans, it confirmed on Thursday, one of the first of its kind by a

Britain's Baltic Exchange faces competition from EEX, part of Deutsche Borse, as it tries to revive its loss-making Baltex dry bulk freight derivatives

Since the beginning of the shipping crisis, it seems fewer topics have drawn more attention than private equity (PE) funds interested to invest in shipping.

Six years into the shipping crisis, the debate still rages whether there is light at the end of the tunnel. There have been market gyrations among market

A.P. Moeller-Maersk A/S, operator of the world’s biggest container line, said third-quarter profit increased as it cut costs and boosted box

Eagle Bulk Shipping Inc's shares shot up to as much as $15.46 from 68 cents as the company cut its borrowings by about 80 percent after converting debt into

Master limited partnerships, tax- exempt companies that pay investors most of their income at the cost of added risk, are spreading in the shipping

DP World, one of the world's largest port operators, has signed a $3 billion loan deal, becoming the latest Dubai entity to take advantage of buoyant funding

Investment firm KKR announced today it has acquired a majority stake in Aberdeen-based OEG Offshore Group, a company that supports the offshore oil and gas by

Nasdaq-listed Top Ships, Inc. (Nasdaq:TOPS) has taken delivery of the first of six newbuild medium-range tankers, ending nearly year long hiatus from the

Italian state-owned shipmaker Fincantieri aims to make its debut on the Milan bourse in July with a stock market value of up to 1.84 billion euros ($2.5