Finance & Economy

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

Finance & Economy

Hafnia-Tankers-Hafnia-Phoenix

September 30, 2019

Hafnia has acquired two 2015-built medium range product tankers from Gestion Maritime. (more…)
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Globus

September 30, 2019

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the six-month period ended June 30, 2019. (more…)
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OLP

September 27, 2019

The Board of Directors of the Piraeus Port Authorities S.A. approved the financial statements for the first semester of 2019. (more…)
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GSL

September 25, 2019

Global Ship Lease announced that it has commenced a $40.0 million fully underwritten public offering of its Class A common shares, par value $0.01 per...
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ScorpioTankers

September 25, 2019

Scorpio Tankers announced that it has agreed to acquire subsidiaries of Trafigura, which have leasehold interests in 19 product tankers, for an aggregate value of...
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TEN

September 24, 2019

TEN, a leading diversified crude, product and LNG tanker operator, announced that it has entered into a Share Purchase Agreement with a leading maritime institutional...
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seaspan

September 20, 2019

Seaspan announced the closing of a $500 million increase to its portfolio financing program. (more…)
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GSL

September 20, 2019

Global Ship Lease announced that it has agreed a new syndicated $268 million senior secured credit facility comprised of two tranches with major commercial lenders...
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Dynagas LNG Partners

September 20, 2019

Dynagas LNG Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, announced that it has entered into definitive documentation with leading...
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dryships

September 18, 2019

DryShips, a diversified owner and operator of ocean going cargo vessels, and through the acquisition of Heidmar, a global tanker pool operator, today announced its...
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damico

September 16, 2019

The Board of Directors of d’Amico International Shipping, a leading international marine transportation company operating in the product tanker market, examined and approved the half-year...
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SFL

September 16, 2019

SFL Corporation Ltd. announced that its 2019 Annual General Meeting resolved to change the name of the Company from “Ship Finance International Limited” to “SFL...
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CMA CGM NOL

September 13, 2019

The CMA CGM Group, a world leader in shipping and logistics, announceδ the appointment of Olivier Casanova as Group Deputy Chief Financial Officer. (more…)
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pistiolis_top

September 12, 2019

TOP Ships announced the pricing of an underwritten public offering of 1,580,000 common shares (or pre-funded warrants to purchase common shares in lieu thereof) and...
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Performance Shipping

September 12, 2019

Performance Shipping announced that it has received written notification from The Nasdaq Stock Market LLC dated September 6, 2019, indicating that because the closing bid...
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