Finance

Petros Pappas-led shipowner makes move after closing Songa Bulk transaction.

Extension reduces next year’s repayment while boosting new convertible issue over $200m index threshold.

Hong Kong bulker owner wants to diversify a little from cyclical shipping markets.

Holding company’s real estate and finance activities buoy figures as shipping arm is hit by slump in charter rates

Loss-making commercial marine business sold after offshore downturn takes its toll