Finance & Economy

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

Finance & Economy

Seaspan

July 18, 2018

Seaspan Corporation, the world’s largest independent containership owner operator, announced the exercise by certain affiliates of Fairfax of all the warrants issued (more…)
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ezra

July 17, 2018

Ezra Holdings on Tuesday said that its binding proposal with financial consultancy specialist Asia Fund Space (HK) Ltd (AFS) has fallen through on July 16...
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Dorian LPG

July 17, 2018

BW LPG has submitted the names of three director candidates to stand for election at Dorian LPG’s 2018 Annual General Meeting of Shareholders. (more…)
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Diana-Shipping-mv-Protefs

July 17, 2018

Diana Shipping announced that on July 13, 2018, it signed a term loan facility with BNP Paribas for up to US$75 million with maturity date...
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Star Bulk

July 16, 2018

Star Bulk Carriers Corp., announced on July 6 2018 that it had closed the acquisition of fifteen operating dry bulk vessels from Songa for an...
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Dorian

July 16, 2018

SEACOR Holdings Inc. announced that it sent a letter to the Board of Directors of Dorian LPG LTD., a company in which SEACOR holds an...
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Jinhui

July 13, 2018

The Board of Jinhui Shipping and Transportation Limited announced that a wholly-owned subsidiary of the company entered into a provisional agreement for sale and purchase...
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baltic_exchange

July 12, 2018

The Baltic Exchange has selected a benchmark liquefied natural gas (LNG) carrier to carry out a public trial of its index starting July 10. (more…)
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nakilat

July 12, 2018

Nakilat announced its financial results for the first half of the year ended 30 June 2018, with the company achieving a net profit of QR...
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Ulsan / KOR 12-8-2015

July 10, 2018

Norway’s BW LPG, the world’s largest liquid petroleum gas shipper, raised its offer to buy rival Dorian LPG on Monday after its first advance was...
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BW

July 10, 2018

BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of...
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Seanergy

July 10, 2018

Seanergy Maritime Holdings Corp. announced that it has successfully completed the refinancing of a previous loan facility secured by M/Vs Lordship and Knightship. (more…)
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FSL _trust

July 6, 2018

The Board of Directors of FSL Trust Management Pte. Ltd. announce that it has through its various subsidiaries signed the following loan agreements: (a) US$50...
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Stolt-Nielsen

July 6, 2018

Stolt-Nielsen reported unaudited results for the second quarter ended May 31, 2018. (more…)
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Norden

July 6, 2018

Norden said the result for the first quarter adjusted for profit/loss from the sale of vessels amounted to USD 9 million compared to USD 1...
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