After a slow start in 1Q22, stocks prices slumped for two consecutive quarters – 2Q22 and 3Q22. This further eroded the sectors’ valuation multiple (EV/EBITDA), which was trading at a multi-year low, opening a bargain window for investors. As a result,…
The United Nations General Assembly adopted the UN Convention on the International Effects of Judicial Sales of Ships on 7 December 2022. The Convention looks to ensure certainty on an international scale regarding legal aspects of a ship’s judicial sa…
The U.S. Great Lakes shipping fleet has begun the annual transition from sailing to scheduled periods in regional docks and ship repair facilities for repair, maintenance and modernization.This year alone, U.S. Great Lakes shipping companies…
US Great Lakes Fleet Set for $126 Million in Winter Work Read More »
Operator may give bullish or bearish stance on sector in fourth-quarter earnings to be released on Wednesday
Analysts to watch Wallenius Wilhelmsen earnings amid ‘growing shadow of the orderbook’ Read More »
The European Union’s full embargo of Russian oil products came into effect on Feb. 5, but data from traders and Refinitiv show that the bulk of Russia’s fuel oil and vacuum gasoil (VGO) is already being shipped to other regions, mostly in Asia.In Janua…
Russian Oil Heads East as EU Embargo Takes Hold Read More »