For the third quarter of 2019, Danaos showed an adjusted net income of $37.9m compared to $37.5m for the same period…
Danaos Corporation remains upbeat over market conditions going into 2020 Read More »
Ship owners have been rather active in the S&P market this year, but as we are closing down towards 2020, deals which are for ships to be delivered next year need to take into account the bunker factor. In its latest weekly report, shipbroker Inter…
IMO 2020 Having an Impact on S&P Deals as Well Read More »
In the normal course of trade, situations may arise whereby shipowners are subjected to commercial pressure to take certain actions – involving additional risks – in return for receiving a Letter of Indemnity (LOI) from their charterers, sh…
Enforceability of LOIs – a practical guide Read More »
Global crude steel production posted its first drop in more than three years in September, reflecting a global economic slowdown. The World Steel Association counted 151.5m tonnes of production for the 64 countries that report to it last month, a 0.3% …
Steel production dip Read More »
SCF Group and VEB.RF Group, a Russian financial institution, signed an agreement for lease financing of the lead ship in a series of icebreaking LNG carriers expected to be built to serve the Arctic LNG 2 project.At the same time, SCF Group…
SCF, NOVATEK Ink Icebreaker T/C Contract Read More »
