Finance

German shipping asset manager wins backing for strategy focusing more on property.

Sam Margolin heads to New York-based investment research firm after 20 months with Cowen & Co.

With enough fuel likely to be available those relying on slow steaming alone will lose out, Stifel says.

Holding of more than 20% is the result of debt-for-equity swap hammered out in June.

The Turkey-based cruise port operator sees ‘record’ revenue but is hit with $16m cost tied to port operation rights.