Finance & Economy

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

Finance & Economy

Golar-LNG

April 13, 2021

The Board of Golar LNG has received a resignation notice from its CEO Iain Ross. (more…)
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Seaspan

April 13, 2021

Seaspan Corporation, a wholly owned subsidiary of Atlas Corp., announced that it has mandated DNB Markets and Fearnley Securities as Joint Bookrunners to arrange a...
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euronav

April 13, 2021

Euronav NV announced it recently signed an EUR 80 million unsecured revolving credit facility. (more…)
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Stolt-Nielsen

April 9, 2021

Stolt-Nielsen Limited reported unaudited results for the first quarter ended February 28, 2021. (more…)
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COSCO Shipping

April 8, 2021

COSCO SHIPPING Specialized released its 2020 annual results, which shows a year-on-year increase in the operating profit. (more…)
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OSG

April 8, 2021

Overseas Shipholding Group, Inc., a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, reported results for the...
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SEADRILL 3 oil rig is seen during its christening ceremony in Singapore...The SEADRILL 3, the first of four oil rigs that Keppel FELS is building for the same customer, is seen during its christening ceremony in Singapore April 21, 2006. Upon its delivery in May 2006, SEADRILL 3 will be deployed to TOTAL in Nigeria for two years. It will be capable of operating in 350 feet water depth, drilling down to 30,000 feet and accommodating 110 men. REUTERS/Luis Enrique Ascui

April 5, 2021

Seadrill Ltd., owned by billionaire John Fredriksen, is proposing a debt write-off of just over $4.8 billion, according to Finansavisen. (more…)
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frangou

April 2, 2021

Navios Partners announced that it completed the acquisition of Navios Containers. As of the close of the market on March 31, 2021, Navios Containers’ common units...
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Euronav

April 1, 2021

Euronav NV reported its final financial results for the full year to 31 December 2020. (more…)
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cosco_piraeus

March 31, 2021

COSCO SHIPPING Ports Limited, the world’s leading ports operator, today announced full-year results of the Company and its subsidiaries (the “Group”) for the year ended...
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polarcus

March 30, 2021

The FTI Consulting liquidators, appointed as joint provisional liquidators for seismic contractor Polarcus, have filed a mandatory report to the Grand Court of the Cayman...
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Scorpio Tankers

March 30, 2021

Scorpio Tankers Inc. (NYSE:STNG) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 275,000 common shares (or...
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NORD LB

March 30, 2021

Norddeutsche Landesbank Girozentrale’s shipping portfolio is no longer a threat to the German federal state bank as its rundown is going according to plan despite...
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TEN

March 26, 2021

TEN reports results (unaudited) for the fourth quarter and the year ended December 31, 2020. (more…)
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Navios_Partners

March 26, 2021

Navios Partners, an international owner and operator of dry cargo vessels, reported its financial results for the fourth quarter and year ended December 31, 2020....
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