Moody’s eyes downgrade for NYK
Ratings agency says giant owner’s leverage likely to stay high for several years.
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Finance
Blue Ocean eyes shipping finance with $250m IPO
Hedge fund EnTrustPermal launches new marine offering in London headed by ex-CIT executive Svein Engh.
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Stopford says shipping recovery risks being stuck in a rut
Leading researcher questions if industry has enough momentum for strong rebound.
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Renaissance could try again for $1.5bn Topaz IPO
London listing for OSV owner reportedly an option seven years after a previous attempt was pulled.
Renaissance could try again for $1.5bn Topaz IPO Read More »
Glencore ups share buy-back by $1bn
Swiss trader and charterer doubles up on purchasing its own stock.
Glencore ups share buy-back by $1bn Read More »