Friday, May 29, 2015
Maritime News

Bad Shipping Loans – HSH Nordbank to Ditch ‘Substantial Legacy Assets’

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

May 29, 2015
Total Views: 2

Sunday, May 10, 2015
Maritime News

Smart Investments in Shipping

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

May 10, 2015
Total Views: 18

Friday, March 20, 2015
Photo: Star Bulk
Maritime News

Star Bulk Secures Financing for Newbuilds

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

March 20, 2015
Total Views: 4

Wednesday, March 18, 2015
london gateway

DP World Holding Company Completes $1.2 Billion Loan, Sources Say

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

March 18, 2015
Total Views: 17

Thursday, February 26, 2015
Maritime News

Berenberg in $1.1 Billion Shipping Push With New Debt Fund

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

February 26, 2015
Total Views: 31

Thursday, January 22, 2015
OSG independence overseas shipholding group

OSG Appoints New President and CEO

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

January 22, 2015
Total Views: 24

Wednesday, January 21, 2015

Euronav Launches $175 Million IPO in U.S.

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

January 21, 2015
Total Views: 1

Monday, January 12, 2015
stock market display investing

Asia Hurt by Continuing Slide in Oil, Dollar on Defensive

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

January 12, 2015
Total Views: 1

Wednesday, December 24, 2014
winna wilson atb kirby signal international

U.S. Maritime Shipping Stocks Seen Returning 59%

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

December 24, 2014
Total Views: 4

Thursday, December 4, 2014
Maritime News

Greece’s Alpha Bank Raises Over $500 Million Via Shipping Loan Deal

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

December 4, 2014
Total Views: 1

Wednesday, November 19, 2014
capesize bulk carrier terminal iron ore dry bulk
Maritime News

Baltic Exchange Faces Competition from EEX

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

November 19, 2014
Total Views: 0

Sunday, November 16, 2014
black ship silhouette

Private Equity’s Black Ship

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.

November 16, 2014
Total Views: 96

Wednesday, November 12, 2014
ship rudder propeller stern drydock

Shipping Lending’s Good, Bad and Ugly

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

November 12, 2014
Total Views: 47

Tuesday, November 11, 2014
Edith Maersk
Maritime News

Maersk Profit Gains as Container Volumes Up While Costs Down

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

November 11, 2014
Total Views: 2

Thursday, October 16, 2014

Eagle Bulk Shares Soar After Debt Cut By 80 Percent

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

October 16, 2014
Total Views: 15

Thursday, September 11, 2014
Scorpio bulkers
Maritime News

Tax-Free MLPs Sweeping the Shipping Industry

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

September 11, 2014
Total Views: 31

Tuesday, July 15, 2014
dp world

Dubai’s DP World Signs $3 Billion Loan Deal

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

July 15, 2014
Total Views: 13

Wednesday, July 9, 2014
oeg offshore group

KKR Partners With OEG Offshore Group

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

July 9, 2014
Total Views: 22

Monday, June 23, 2014
Maritime News

Top Ships Back In Business With Delivery of Newbuild ECO Tanker

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

June 23, 2014
Total Views: 0

Friday, June 13, 2014
ruby princess cruise ship
Maritime News

Fincantieri Eyes $2.5 Billion Valuation

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

June 13, 2014
Total Views: 1