Fatal flaws in IMO carbon deal risk creating a cost burden rather than a climate catalyst
Momentous day as shipping becomes first industry with a global carbon price, but the result is complex rules that may lack sufficient impact to drive change
Finance
George Economou seeks to replace Trafigura as partner in Italy’s biggest refinery
Shipowner and trader said to have disagreed over the terms of crude supply deal to ISAB plant
George Economou seeks to replace Trafigura as partner in Italy’s biggest refinery Read More »
Sumitomo adds funds to Hayfin’s $600m-plus shipping investment war chest
Alternative financier brings in Japanese lender as it seeks more shipping exposure
Sumitomo adds funds to Hayfin’s $600m-plus shipping investment war chest Read More »
NYK selling $112m ‘transition bond’ to drive investments in LNG-fuelled ships
Japanese owner’s fourth such deal will carry interest of just 1.24%
NYK selling $112m ‘transition bond’ to drive investments in LNG-fuelled ships Read More »
Investor Energifonden hunts VLCC cash with three new bond offers
Swedish investment company selling debt in tranches maturing over three, four and five years
Investor Energifonden hunts VLCC cash with three new bond offers Read More »