Norden lowers profit forecast amid tanker market trouble
Product tanker division will remain in the red in 2018, owner says as it offers glimpse of second quarter figures.
Norden lowers profit forecast amid tanker market trouble Read More »
Finance
Pangaea Logistics returns to black
Drybulk logistics firm and shipowner saw higher revenue amid improved charter rates and lower expenses.
Pangaea Logistics returns to black Read More »
International Seaways widens loss
US-listed diversfied tanker owner’s second quarter results, which include $4.9m in credit facility-related charges, beat Wall Street consensus.
International Seaways widens loss Read More »
Star strikes fresh loan and inks leaseback to support Songa deal
Financing updates come alongside second quarter profit and promising third quarter guidance.
Star strikes fresh loan and inks leaseback to support Songa deal Read More »
Maersk gains more ground after first profit warning in four years
Danish shipowner sees stock tick up again with analysts suggesting further forecast revisions unlikely.
Maersk gains more ground after first profit warning in four years Read More »