Finance & Economy

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

Finance & Economy

Greece_flag

May 25, 2018

Foreign currency inflows from Greek shipping showed a 17 percent annual increase last year, a trend that is set to continue into 2018 given the...
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Stealthgas

May 25, 2018

STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and...
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North-Logo-Black-website-

May 25, 2018

Leading global marine insurer North P&I Club has announced its annual results, confirming a 4.6% increase (US$20 million) in free reserves to US$451 million (more…)
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ZIM

May 25, 2018

The container shipping industry is dynamic and volatile and has been marked in recent years by instability, due to ongoing changes in market conditions. Since...
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Awilco-LNG

May 25, 2018

Freight income for the quarter was MUSD 13.8, up from MUSD 9.6 in Q4 2017 due to full exposure to a spot market with increased...
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Euroseas_Pittas

May 24, 2018

Euroseas, an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that the registration...
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FSL

May 24, 2018

FSL Trust Management Pte, the trustee-manager of First Ship Lease Trust, has obtained a commitment from an undisclosed bank for the refinancing of a chemical...
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Pacific Drilling

May 24, 2018

Pacific Drilling reported results for the first quarter of 2018. (more…)
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Wilhelmsen-WM

May 23, 2018

Wilhelmsen makes a strategic investment in the digital development company Dolittle, and positions itself to pull off larger and more advance digital projects going forwards....
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Aegean-Marine

May 23, 2018

Aegean Marine Petroleum Network Inc., a leading international marine fuel logistics company, provided updates on its business and issued the following statement: Aegean has reinvigorated...
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Nordic-Shipholding

May 23, 2018

Nordic Shipholding published interim financial results for the first quarter of 2018. (more…)
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Mnuchin

May 21, 2018

The U.S. trade war with China is “on hold” after the world’s largest economies agreed to drop their tariff threats while they work on a...
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lauritzen

May 21, 2018

Lauritzen issued its quarterly update for the 1Q2018: (more…)
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Teekay-LNG

May 18, 2018

Teekay Corporation (Teekay or the Company) reported the Company's results for the quarter ended March 31, 2018.  (more…)
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TORM

May 18, 2018

TORM announced interim results for the first quarter of 2018 (more…)
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