Finance & Economy

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

Finance & Economy

avanace

January 7, 2021

The Board of Avance Gas announced the appointment of Kristian Sørensen as the new Chief Executive Officer of Avance Gas AS. Sørensen currently holds the...
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Navios_Frangou

January 5, 2021

Navios Partners and Navios Containers announced that they entered into a definitive merger agreement under which Navios Partners will acquire all of the publicly held...
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ZIM_Antwerp

January 4, 2021

ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to $100...
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Brexit

December 30, 2020

European Union governments formally approved the bloc’s post-Brexit trade accord with the U.K., paving the way for an agreement to come into force on Jan....
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Navigator Holdings

December 30, 2020

Navigator Holdings announced that the previously announced sale by funds managed by WL Ross & Co. LLC of their approximate 39.1% equity interest in Navigator...
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Grindrod Shipping

December 24, 2020

Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services in the drybulk and product tanker sectors, announced the following transactions. (more…)
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(FILES) In this file photograph taken on January 29, 2020, British members of the European Parliament from the Group of the Progressive Alliance of Socialists and Democrats pose for a group picture wearing scarves depicting the European Union and the Union Jack flags at The Europa Building in Brussels. - EU chief Ursula von der Leyen declared October 1, 2020,  that Brussels is taking legal action over the British government's attempt to overturn parts of the Brexit withdrawal agreement. (Photo by JOHN THYS / AFP)

December 21, 2020

Britain insisted on Sunday that the European Union should budge to open the way to a new, post-Brexit trade pact, drawing a swift response from...
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rio-tinto

December 18, 2020

Rio Tinto named Chief Financial Officer Jakob Stausholm as its next chief executive, defying expectations it would pick an external candidate to repair its image...
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Eagle-Bulk-Shipping

December 18, 2020

Eagle Bulk, one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, announced that it has commenced an underwritten public offering of...
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Brexit

December 18, 2020

Britain and the European Union struck a pessimistic tone in trade talks on Thursday, with a spokesman for Prime Minister Boris Johnson saying it was...
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bourbon

December 18, 2020

BOURBON Maritime's recovery plan and the conciliation protocol signed with all concerned creditors of the group were validated on December 14, 2020 by the Commercial...
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Diana-Shipping

December 16, 2020

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced the commencement of a tender offer to purchase up to...
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Navigator-Aries-780x470

December 16, 2020

WL Ross announced that it has agreed to sell, on behalf of funds managed by WL Ross, their approximately 39.1% equity interest in Navigator Holdings...
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container

December 16, 2020

Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the...
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hhi

December 15, 2020

Valuations are improving in all of HHI Holdings’ business areas. (more…)
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