Finance & Economy

This page features all the latest news from shipping finance, major banks, finance markets and the world economy.

Finance & Economy

seaspan

September 20, 2019

Seaspan announced the closing of a $500 million increase to its portfolio financing program. (more…)
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GSL

September 20, 2019

Global Ship Lease announced that it has agreed a new syndicated $268 million senior secured credit facility comprised of two tranches with major commercial lenders...
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Dynagas LNG Partners

September 20, 2019

Dynagas LNG Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, announced that it has entered into definitive documentation with leading...
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dryships

September 18, 2019

DryShips, a diversified owner and operator of ocean going cargo vessels, and through the acquisition of Heidmar, a global tanker pool operator, today announced its...
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damico

September 16, 2019

The Board of Directors of d’Amico International Shipping, a leading international marine transportation company operating in the product tanker market, examined and approved the half-year...
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SFL

September 16, 2019

SFL Corporation Ltd. announced that its 2019 Annual General Meeting resolved to change the name of the Company from “Ship Finance International Limited” to “SFL...
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CMA CGM NOL

September 13, 2019

The CMA CGM Group, a world leader in shipping and logistics, announceδ the appointment of Olivier Casanova as Group Deputy Chief Financial Officer. (more…)
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pistiolis_top

September 12, 2019

TOP Ships announced the pricing of an underwritten public offering of 1,580,000 common shares (or pre-funded warrants to purchase common shares in lieu thereof) and...
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Performance Shipping

September 12, 2019

Performance Shipping announced that it has received written notification from The Nasdaq Stock Market LLC dated September 6, 2019, indicating that because the closing bid...
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Hoegh Autoliners

September 11, 2019

Höegh Autoliners has appointed a new Chief Executive Officer after the resignation of the company’s current CEO. (more…)
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TOP_Ships

September 11, 2019

TOP Ships, an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that NASDAQ notified the Company that it has regained...
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cncordia-maritime

September 11, 2019

Based on the cooperation between Stena Bulk AB and Concordia Maritime related to the IMOIIMAX concept, the Company will receive a payment of USD 5...
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Diana

September 9, 2019

Diana Shipping announced the commencement of a tender offer to purchase up to 1,408,450 shares, or about 1.5%, of its outstanding common stock using funds...
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cmacgm_marcopolo_zebruge

September 9, 2019

CMA CGM, the world’s fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but...
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DryShips

September 9, 2019

DryShips, a diversified owner and operator of ocean going cargo vessels, announced that it has called a special meeting of the Company’s shareholders to be...
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