April 3, 2020
The Board of Directors of Fincantieri, chaired by Giampiero Massolo, has approved the Consolidated financial statements at December 31, 2019, the draft financial statements of...
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Finance & Economy
April 2, 2020
China’s PMI rose to 52 in March, indicating that while manufacturing grew compared to February, it remains far below January levels. (more…)
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April 1, 2020
Seanergy Maritime Holdings announced the pricing of an underwritten public offering of 35,290,000 units at a price of $0.17 per unit. (more…)
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April 1, 2020
Abu Dhabi-based Gulf Marine Services (GMS) said on Tuesday it had reached an agreement with its syndicate of banks to restructure its debt that will...
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April 1, 2020
Euronav reported its final financial results for the full year to 31 December 2019. (more…)
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March 31, 2020
Overseas Shipholding Group announced that it has closed on a $33,150,000 loan led by Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc....
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March 30, 2020
Performance Shipping, a global shipping company specializing in the ownership of vessels, announced that it has redeemed all of its issued and outstanding Series C...
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March 30, 2020
Maersk Product Tankers reported improved financial results in 2019, with an increase in revenue to USD 727.7 million (USD 647 million) and a profit before...
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March 30, 2020
Cosco Shipping Ports Limited, the world’s leading ports operator, announced full year results of the Company and its subsidiaries for the year ended 31 December...
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March 27, 2020
The number of Maersk employees working remotely has increased as efforts to fight the coronavirus pandemic continue. (more…)
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March 27, 2020
The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the...
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March 26, 2020
Odfjell Terminals US has agreed a new five-year, USD 250 million revolving credit facility. (more…)
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March 26, 2020
Norwegian oil firm Equinor plans to cut investments, exploration drilling and operating costs by around $3 billion to help weather the coronavirus crisis and low...
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March 26, 2020
TEN reported results (unaudited) for the fourth quarter and the year ended December 31, 2019. (more…)
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March 25, 2020
Simeon Palios, the chairman and CEO of both Diana Shipping and Performance Shipping, has tested positive for coronavirus. (more…)
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