Danaos restructures maturing loan obligations; profits up in Q3
Danaos Corp. presented improved Q3 2018 results on Thursday, amid a still "soft" container shipping market. Moreover, a recent restructuring of its loan portfolio also brightened its balance sheet.
An $8 Billion Payout From Maersk Raises Questions for Creditors
Shareholders in the world’s biggest container-shipping company may get up to $8 billion in payouts next year, according to Goldman Sachs.
Trade War Finally Hammers Commodity Ships, Confounding Optimists
The commodity shipping industry was expected to sail through the trade war unscathed.
Top Stories
October 8, 2014
ZIM Announces Financial Results for the Third Quarter
The container shipping industry is dynamic and volatile and has been marked in recent years…
October 8, 2014
TORM: Interim results for the nine months ended
“The product tanker market reached historically low levels in the third quarter impacted by a…
October 8, 2014
Safe Bulkers concludes refinancing with new loan facility
Safe Bulkers, an international provider of marine drybulk transportation services, announced that the Company has…
October 8, 2014
DSME posts Q3 net loss
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder by orders, swung to a…
October 8, 2014
Tankers storing LNG in Asian waters double as
Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number…
October 8, 2014
Baltic index marks first gain in 13 days
The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities,…
Editor’s Picks
November 16, 2018
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Safe Bulkers concludes refinancing with new loan facility
Safe Bulkers, an international provider of marine drybulk transportation services,…
November 16, 2018
Danaos restructures maturing loan obligations; profits up in Q3
Danaos Corp. presented improved Q3 2018 results on Thursday, amid…
November 15, 2018
Seanergy Announces Capesize Refinancing, Private Placement of Shares and Time Charter with Cargill
Seanergy Maritime Holdings Corp. announced that it has successfully concluded…
November 15, 2018
Pyxis posts 'disappointing' financial results for the third quarter of 2018
Pyxis Tankers, an emerging growth pure play product tanker company,…
Finance & Economy
October 8, 2014
ZIM Announces Financial Results for the Third Quarter
The container shipping industry is dynamic and volatile and has been marked in recent years…
October 8, 2014
TORM: Interim results for the nine months ended
“The product tanker market reached historically low levels in the third quarter impacted by a…
October 8, 2014
Safe Bulkers concludes refinancing with new loan facility
Safe Bulkers, an international provider of marine drybulk transportation services, announced that the Company has…
October 8, 2014
Danaos restructures maturing loan obligations; profits up in
Danaos Corp. presented improved Q3 2018 results on Thursday, amid a still “soft” container shipping…
October 8, 2014
An $8 Billion Payout From Maersk Raises Questions
Shareholders in the world’s biggest container-shipping company may get up to $8 billion in payouts…
Shipping News
October 8, 2014
Trade War Finally Hammers Commodity Ships, Confounding Optimists
The commodity shipping industry was expected to sail through the trade war unscathed. Tariffs were…
October 8, 2014
Tankers storing LNG in Asian waters double as
Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number…
October 8, 2014
Baltic index marks first gain in 13 days
The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities,…
October 8, 2014
Maersk: Trade War Will Hit Container Shipping
Top U.S. importers are stocking up on Chinese goods before new import tariffs take effect,…
October 8, 2014
Argus Adds IMO-Compliant Marine Fuel Price Assessments for
Oil price reporting agency Argus has launched five new price assessments for low-sulphur marine fuels,…
Ports
October 8, 2014
Shanghai container volumes up in October
Container volumes at China’s Shanghai port have risen in October compared to the same period…
October 8, 2014
Thessaloniki port looks to attract business from Balkans
The head of the recently privatized Thessaloniki Port Authority pledged to maintain the port’s status…
October 8, 2014
Port of Rotterdam’s Container Volumes Continue to Grow
In the first three quarters of 2018, total throughput in the port of Rotterdam was…
October 8, 2014
Hamburg prepares for Brexit
The Hamburg Senate has been preparing for Britain’s impending withdrawal from the European Union for…
October 8, 2014
COSCO SHIPPING Ports Announces Surge In Revenues and
COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced third quarter results of the…
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