CIMC raises $290m in bond sales
The world’s largest container maker has sold CNY 2bn worth of perpetual bonds to replenish cash reserves and repay debts.
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December 2018
Falling Capesize Demand Weighs on Baltic Index
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the fourth straight session on Monday, pressured by waning demand for capesize vessels.The overall index, which factors in rates for capesize…
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Drewry: Competitive Landscape Could Change Completely in the Liner World
Global carriers are starting to distinguish themselves with new corporate strategies.
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Scorpio firms reveal $122m scrubber investment
Scorpio Bulkers and Scorpio Tankers set out further details on scrubber installments.
Scorpio firms reveal $122m scrubber investment Read More »