Finance & Economy

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

Finance & Economy

Euroseas_Pittas

May 24, 2019

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three-month period ended March...
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Dorian LPG

May 24, 2019

Dorian LPG, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months and fiscal year ended...
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Stealthgas

May 24, 2019

Stealthgas, a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for...
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Pappas

May 23, 2019

Star Bulk, a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the first quarter...
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SFL

May 23, 2019

Ship Finance International Limited (SFL) ended the first quarter of 2019 with higher net income. (more…)
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ZIM-containership

May 23, 2019

Israeli container line Zim has reduced its first quarter loss. The company said the net deficit was $24.3m, compared to $34.1m the year before. Revenue...
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Golden-Ocean

May 23, 2019

Golden Ocean Group Limited, a leading dry bulk shipping company, announced its results for the quarter ended March 31, 2019. (more…)
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Golar-LNG

May 22, 2019

Golar Partners reports a net loss attributable to unit holders of $15.0 million (more…)
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Teekay-Offshore

May 21, 2019

Teekay Offshore announced that it has received an unsolicited non-binding proposal from Brookfield Business Partners L.P. and certain of its affiliates and institutional partners (collectively,...
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gulfnav

May 21, 2019

Gulf Navigation Holding (GulfNav) ended the first quarter of this year with a net loss. (more…)
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Braemar

May 21, 2019

Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, financial, consultancy, technical and logistics services to the shipping, marine, energy, offshore and...
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PacificBasinShipping

May 20, 2019

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, closed a US$115 million 7-year reducing revolving credit facility secured over 10...
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BW-LPG-vlgc-bw-Princess-BIG

May 20, 2019

BW LPG is hopeful of rates rising back above break-even this year after it posted a bigger loss in the first quarter. (more…)
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HHI

May 20, 2019

South Korea’s financial regulator says it will encourage private banks to increase ship financing, as part of its efforts to improve the financial health of...
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Daewoo_DSME

May 17, 2019

Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, said Wednesday that its first-quarter net profit fell 13.7 percent from a year earlier...
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