The ship finance market is in a great place for bankers and owners, but there are still threats that keep financiers awake at night, according to experts.
Inflationary trends in the shipbuilding sector have pushed new ship prices up by 25% since their November 2020 low, the steepest rate of increase since 2005, according to Clarkson Research.
ZIM Integrated Shipping Services has announced a new charter transaction with a group of investors initiated by MPC Capital AG, the Hamburg-based global investment manager.
Keppel Corp and Sembcorp Marine (Sembmarine) say significant progress has been made in negotiations on the proposed merger of their offshore and marine businesses but more time is needed to complete the deal.
Chinese financial service provider, CITC Financial Leasing, has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of 10 bulk carriers.
Container line Ocean Network Express (ONE) has mapped out a $20bn investment plan over the next decade, the majority for new vessels to help meet decarbonisation targets.
During the first two months of this year newbuilding orders received by China dropped 17% year-on-year, bringing to an end 12-months of growth in 2021.
Damen Shipyards Group and the Hellenic Marine Equipment Manufacturers and Exports have signed a Declaration of Intent to enhance cooperation in shipbuilding and development of marine equipment and ship technology.
