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Wednesday, January 21, 2015
Euronav Launches $175 Million IPO in U.S.
Uncategorized

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: 3

Monday, January 12, 2015
stock market display investing
Finance

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: 3

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

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: 13

Thursday, December 4, 2014
Greece’s Alpha Bank Raises Over $500 Million Via Shipping Loan Deal
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: 3

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: 4

Sunday, November 16, 2014
black ship silhouette
Finance

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: 1111

Wednesday, November 12, 2014
ship rudder propeller stern drydock
Finance

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: 63

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: 3

Thursday, October 16, 2014
Eagle Bulk Shares Soar After Debt Cut By 80 Percent
News

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: 21

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: 45

Tuesday, July 15, 2014
dp world
Finance

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: 23

Wednesday, July 9, 2014
oeg offshore group
Finance

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: 76

Monday, June 23, 2014
Top Ships Back In Business With Delivery of Newbuild ECO Tanker
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: 2

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: 7

Thursday, June 5, 2014
trada maritime mt lentera bangsa
Finance

Indonesian Shipper Trada Maritime At Risk of Default on $31 Million Debt

JAKARTA, June 5 (Reuters) – Indonesian shipping company PT Trada Maritime Tbk is at risk of defaulting on its debt of around $31 million to the

June 5, 2014
Total Views: 48

Wednesday, June 4, 2014
maersk
Finance

Maersk Completes $5.1 Billion Refinance

A.P. Møller – Mærsk A/S announced today the successful completion of a USD $5.1 billion syndicated revolving credit facility with a selected group of

June 4, 2014
Total Views: 12

Friday, May 9, 2014
money
Finance

Private Equity May Destroy the Shipping Sector

The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its

May 9, 2014
Total Views: 1077

Tuesday, May 6, 2014
handing money lending loan finance
Finance

StanChart Plans to Increase Lending to Maritime and Offshore Sector

May 6 (Bloomberg) — Standard Chartered Plc, the British bank that earns most of its profit from Asia, expects to increase its $5.5 billion of loans to

May 6, 2014
Total Views: 7

Thursday, May 1, 2014
oaktree capital
Finance

Oaktree Beats First-Quarter Estimates on Sales of Holdings

May 1 (Bloomberg) — Oaktree Capital Group LLC, the world’s largest distressed-debt investor, posted first-quarter profit that beat analyst estimates

May 1, 2014
Total Views: 4

wall street finance new york stock exchange
Maritime News

Life Imitates Art as Wall Street Bets on Shipping Debt

The fictional Robert Fairchild is one of the hottest names on Wall

May 1, 2014
Total Views: 14
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