EU carbon scheme may be painful but it gives much-needed purpose
Emissions trading rules set a line of travel for shipping and pour pressure on others to act
EU carbon scheme may be painful but it gives much-needed purpose Read More »
July 2021
Nordea still losing money on $7bn shipping book
‘Restrictions are easing, vaccination programmes are progressing well, and a return to more normal activity is under way,’ says chief…
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Nordea still losing money on $7bn shipping book Read More »
Oil traders fix Hunter VLCC and LR2 tankers on period charters
Activity remains generally slow as substantial rate recovery is unlikely before fourth quarter
Oil traders fix Hunter VLCC and LR2 tankers on period charters Read More »
Nordea slashes loan losses but shipping and offshore still see write-offs
Oslo-listed lender says provisions were low in second quarter, but some maritime clients added to total
Nordea slashes loan losses but shipping and offshore still see write-offs Read More »
Cosco tanker arm eyes first-half profits slump of 80% on weak markets
Hong Kong-listed entity says efforts such as slow steaming have failed to trim red ink
Cosco tanker arm eyes first-half profits slump of 80% on weak markets Read More »