Paid in full: John Fredriksen banks last of $470m owed by Frontline
Tycoon had loaned cash to his tanker company to complete acquisition of 24 VLCCs from Euronav
Paid in full: John Fredriksen banks last of $470m owed by Frontline Read More »
Finance
US stocks shrug off Trump and hit new highs, but shipping doesn’t share the wealth
President-elect’s tariffs talk rattled some nerves, but not for long
US stocks shrug off Trump and hit new highs, but shipping doesn’t share the wealth Read More »
‘Monumental step’: CIP forges partnerships with BW and Faerder to develop ammonia carrier fleet
Fund manager is also holding talks with shipowners for VLACs
Frode Teigen mulls sale of Belships stake six years after wresting control
Investment companies hire strategic advisers to evaluate options for a stake worth $210m
Frode Teigen mulls sale of Belships stake six years after wresting control Read More »
Shareholders throw in the towel in lawsuit over Kalani’s backing of Diana Containerships
After judge issues order asking why he should not dismiss the case, plaintiffs withdraw
Shareholders throw in the towel in lawsuit over Kalani’s backing of Diana Containerships Read More »