Ernst Russ eyes further ship buys
German owner says time is right to expand after adding five vessels last year.
Ernst Russ eyes further ship buys Read More »
Baack says small is beautiful for MPCC
Oslo owner’s CEO explains rationale behind feedership expansion.
Baack says small is beautiful for MPCC Read More »
Loan loss provisions hit $2.5bn at HSH Nordbank
CEO Stefan Ermisch says shipping markets still a challenge as lender takes a hit from ongoing privatisation.
Loan loss provisions hit $2.5bn at HSH Nordbank Read More »
Subsea 7 falls to a loss in first quarter
McDermott pursuer reveals red ink as revenue falls.
Subsea 7 falls to a loss in first quarter Read More »
DNB reverses $41m of impairments in first quarter
Norwegian bank says restructuring and reduction of shipping and offshore loans paying off.
DNB reverses $41m of impairments in first quarter Read More »