Baack says small is beautiful for MPCC
Oslo owner’s CEO explains rationale behind feedership expansion.
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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 »
Sevylor Shipping loses $4.5m cargo damage case
UK court rejects reefer owner’s claim for reduction of award to receiver of rotten bananas.
Sevylor Shipping loses $4.5m cargo damage case Read More »