Despite robust new loan generation as 2023 progressed, at the dawn of 2024 bank lending to Greek shipowners was down reported the 23rd annual analysis by Petrofin Research of bank lending to Greek shipping companies.
Cairo-based shipowner United Marine Egypt (UME) is expanding in the bulk cargo market with an order at China’s New Dayang Shipbuilding for two bulkers.
Anglo American has rejected a takeover bid from BHP, averting for now what would be the biggest shake-up in the mining sector in a decade, but analysts see a merger having limited impact on dry bulk shipping.