Finance & Economy

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

Finance & Economy

Capital-Product-Partners-MR-product-tanker

March 29, 2019

Capital Product Partners L.P. announced that the merger of its crude and product tanker business with the business and operations of DSS Holdings L.P. has...
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Aegean

March 28, 2019

Aegean Marine Petroleum Network Inc. announced that the U.S. Bankruptcy Court for the Southern District of New York has confirmed its plan of reorganization, subject...
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yang ming

March 25, 2019

Yang Ming Marine Transport Corporation posted a full-year net loss for 2018. (more…)
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inmarsat

March 25, 2019

A private equity-led consortium agreed to buy Inmarsat Plc for about $3.4 billion in cash after the British satellite operator rebuffed a slightly lower bid...
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NYK Arcadia  am 20.6.11 ausgehend Hamburg

March 25, 2019

Japanese transport group NYK has secured a ¥9bn ($81m) syndicated ‘green’ loan, supported by eight domestic financial institutions for the installation of scrubber systems on...
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Topaz

March 25, 2019

Topaz Energy and Marine, a leading offshore support vessel and marine logistics company, announced its results for the twelve months ended 31 December 2018. (more…)
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Pyxis

March 22, 2019

Pyxis Tankers Inc. an emerging growth pure play product tanker company, announced unaudited results for the three months and year ended December 31, 2018. (more…)
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damico

March 22, 2019

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tankers market, resolved to approve the...
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BW

March 20, 2019

BW Group has purchased 38,548,329 shares in Epic Gas from key shareholders of Epic Gas representing 54.7% of the issued shares, and launches its unconditional...
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Seanergy

March 20, 2019

Seanergy Maritime Holdings Corp., a Capesize dry bulk shipping company, announced its financial results for the fourth quarter and twelve months ended December 31, 2018....
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Navios-NYSE

March 19, 2019

Navios Maritime Holdings Inc. today announced (i) amendments to the Company’s previously announced exchange offer for cash and/or Notes (defined below) for American Depositary Shares,...
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commerzbank

March 18, 2019

Deutsche Bank and Commerzbank have begun talks about a possible merger that would be one of Europe’s largest financial sector tie-ups. (more…)
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Globus

March 18, 2019

Globus Maritime reported its unaudited consolidated operating and financial results for the quarter and year ended December 31, 2018. (more…)
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Ships are under construction at the Daewoo Shipbuilding & Marine Engineering Co. (DSME) shipyard in Geoje, South Korea, on Wednesday, April 22, 2009. Daewoo Shipbuilding & Marine Engineering Co. is the world's third-largest shipyard. Photographer: Seokyong Lee/Bloomberg News

March 15, 2019

Daewoo Shipbuilding & Marine Engineering Co. (DSME), one of S. Korea's top three shipyards, said Thursday that its net profit halved in 2018 from a...
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DP World

March 15, 2019

Global trade enabler DP World announced strong financial results for the year ended 31 December 2018. (more…)
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