Finance & Economy

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

Finance & Economy

Golden-Ocean

August 17, 2017

Golden Ocean, a leading dry bulk shipping company, today announced its results for the quarter ended June 30, 2017. (more…)
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transocean

August 17, 2017

Transocean Ltd. dropped to the lowest in more than two decades as investors panned its deal to buy Songa Offshore SE in the biggest offshore...
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TORM

August 16, 2017

In the first six months of 2017, TORM realized a positive EBITDA of USD 80m and a profit before tax of USD 3m. Q2 2017...
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Maersk _star

August 16, 2017

Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares as investors looked beyond one-off second-quarter charges. (more…)
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western-bulk-chartering

August 16, 2017

Western Bulk reduced its net loss in the first half of the year to USD million from USD 10 million reported in the same period...
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navig8_chems

August 16, 2017

Navig8 Chemical Tankers, an international shipping company focused on the transportation of chemicals, announced its unaudited financial and operating results for the three and six...
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ezion

August 14, 2017

The board of directors of Ezion Holdings Limited has announced that, in view of the group’s business and financial situation as detailed in its most...
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Evergreen

August 14, 2017

Evergreen Marine has posted a first half gain of TWD3.07bn ($103.46m). (more…)
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Andi Case CLarkson

August 14, 2017

Clarkson Group saw pre-tax profits jump by a quarter in the first half of the year. (more…)
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DryShips

August 14, 2017

DryShips, a diversified owner of ocean going cargo vessels, announced that it has terminated the common stock purchase agreement, dated April 3, 2017, by and...
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Cochin

August 14, 2017

India’s Cochin Shipyard Ltd shares rose more than 20 percent on their trading debut on Friday after a $225 million initial public offering, as investors...
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Gulf Navigation Holding

August 14, 2017

The Dubai based “Gulf Navigation Holding PJSC”, listed in Dubai Financial Market (DFM) under “GULFNAV”, announced 33% growth in net profits by the end of...
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HMM

August 11, 2017

Hyundai Merchant Marine (HMM) saw its operating loss narrow to KRW 128.1 billion (USD 111.8 million) in the second quarter of 2017 from KRW 254.3...
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Aegean Marine Petroleum

August 11, 2017

Aegean Marine Petroleum Network announced financial and operating results for the second quarter ended June 30, 2017. (more…)
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Euronav-TI-Hellas

August 11, 2017

Euronav reported its non-audited financial results for the second quarter and for the first half of 2017. (more…)
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