Revenues lower from gas and petrochemicals, and offshore businesses
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Milaha posts first-quarter profit up 10% Read More »
Goldilocks fund says it wants a fair restructuring that “keeps Noble alive and sustainable”.
Singapore High Court blocks Noble AGM Read More »
It has obtained support from over 83% of creditors for its restructuring support agreement
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In its latest weekly report, shipbroker Affinity Research wondered whether we are sailing into the calm after the storm for Suezmax markets? Rather unlikely. The end of second decade May inquiry is still outstanding, and whilst Singaporean ballasters a…
Tankers: Suezmax Market in the Clear? Read More »
Shipping markets are by their nature cyclical, but anticipating the timing of market cycles is rarely easy in practice, not least because shipping’s cycles are so enmeshed with other economic cycles, notably in underlying commodity markets. For example…
Wheels Within Wheels: Shipping And Oil Market Cycles Read More »