OOCL’s quarterly revenue surges by $730m even as cargo volume dips
Top-line result for liner operator defies drop in volume and declining spot freight rates
OOCL’s quarterly revenue surges by $730m even as cargo volume dips Read More »
October 2022
Supramax bulker spot rates on US Gulf Coast set to plateau as grain orders slow, broker says
All four bulker sizes saw average spot rates rise throughout past week, according to Baltic Exchange data
MOL nets second transition-linked loan as first wind-powered bulker delivers
World’s first telescopic sail to 0see action on maiden voyage to Australia
MOL nets second transition-linked loan as first wind-powered bulker delivers Read More »
Private equity player Searchlight takes stake in Synergy Marine
Synergy Marine has handed round shares to employees at the same time as private equity fund Searchlight takes a minority stake
Private equity player Searchlight takes stake in Synergy Marine Read More »
Jefferies slashes Zim’s price target in half over impending rates weakness
But ‘hold’ rating maintained as Israeli liner company should have plenty of cash to see it through market correction
Jefferies slashes Zim’s price target in half over impending rates weakness Read More »