Finance & Insurance
The dry bulk shipping arena’s upward trajectory is continuing and as earnings season for Q3 2017 results have continued onward, equity analysts were turning more positive.
Bankrupt Singapore offshore firm Swiber Holdings is pinning its hopes of a rebirth on the Floating LNG (FLNG) sector.
The former head of BNP Paribas in China, Bing Chen, will take up the helm as ceo of containership owner Seaspan in January next year.
NYK is aiming to take over 100% ownership of Yusen Logistics with a JPY25.6bn ($224.8m) offer for the shares in the company that it does not already own.
Precious Shipping has lost an arbitration over excessive fuel consumption on ultramax bulkers built at Taizhou Sanfu Ship Engineering in China.
Cosco Shipping Holdings is looking to raise up to $1.94bn through a private share issue to fund 20 containership newbuildings.
The Baltic Dry Index (BDI) achieved a three-year high at 1,588 last Tuesday, thanks to the rally seen among the industrial commodities. In particularly, the prices of base metals have…
Dry bulk shipping is all the rage. Consider that Scorpio Bulkers (SALT), a bellwether of the sector, has seen its share price strengthen with the seemingly improved dry bulk market.