Finance

‘More favourable fundamentals’ expected in second quarter and beyond as New York-listed tanker owner posts first-quarter loss

Fund grows on back of domestic operators’ demand for alternative finance schemes

Offering is expected to make $100.7m for US-listed drybulker owner to pursue fleet expansion.

Seaways got creative in solving liquidity shortfall from bond deal to rescue its six-VLCC purchase from Euronav at 11th hour.

Comeback is on for newly privatised lender as it targets rivals’ portfolios and new investments.