Finance & Economy

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

Finance & Economy

Navios-NYSE

June 26, 2017

Navios Maritime Partners L.P., an international owner and operator of container and dry bulk and container vessels, announced the appointment of Mrs. Orthodoxia Zisimatou to...
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carnival-cruise-line

June 23, 2017

Carnival Corporation announced U.S. GAAP net income of $379 million, or $0.52 diluted EPS, for the second quarter of 2017 compared to U.S. GAAP net...
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noble

June 20, 2017

Noble Group Ltd (on Tuesday confirmed it had extended a key debt deadline and was in "constructive" talks with potential investors, but the crisis-hit trader...
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Frontline Ltd.

June 20, 2017

The High Court of the Marshall Islands has dismissed with prejudice a lawsuit brought by tanker firm Frontline to stop rival DHT selling a major...
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maersk

June 19, 2017

A P Moller-Maersk is said to be planning to list its oil business 'soon' but has dropped plans to list other smaller units separately, Danish...
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Peter Georgiopoulos

June 16, 2017

Peter Georgiopoulos, the chairman and largest shareholder of Aegean Maine Petroleum Network Inc. has failed to win majority backing from shareholders at a vote during...
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Andi Case CLarkson

June 15, 2017

Clarkson PLC announced the following developments regarding director shareholdings: (more…)
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Hadjipateras

June 15, 2017

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, reported its financial results for the three months and fiscal year...
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Greece-Ocean-Rig

June 14, 2017

Ocean Rig will continue trading shares on the American stock exchange Nasdaq despite prior delisting warning. (more…)
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DSME

June 13, 2017

Daewoo Shipbuilding & Marine Engineering said it plans to sell 793 billion won (US$702 million) worth of new stocks in a bid to strengthen its...
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Rickmers

June 13, 2017

Rickmers Holding said that it has terminated the participation in trading of the bond 2013/2018 in the Prime Standard segment for bonds and the inclusion...
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Greece_flag

June 12, 2017

The annual Petrofin Bank Research survey showed bank ship finance into Greek shipping contracted 8.77% during 2016 to $57.21bn from $62.71bn in 2015. (more…)
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cargo container ship - freighter navigating river

June 12, 2017

Albeit early signs of recovery became visible during the first months of 2017, but the shipping industry’s protracted slowdown will continue to exert pressure on...
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VLGC-Commander-Dorian

June 12, 2017

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that the Company has entered into a $97.0...
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Ship-Finance-International

June 12, 2017

Ship Finance International Limited announced that it has successfully placed NOK 500 million NIBOR+4.75% senior unsecured bonds due June 2020. (more…)
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