Tor Olav Troim’s Himalaya Shipping slumps as DNB downgrades amid ‘considerable’ asset value risk
DNB Markets cuts target price to NOK 67 per share from NOK 91 given material headwinds in dry bulk
Finance
‘Aggressive’ Avance Gas shorting pays off for Joakim Hannisdahl’s shipping stock fund
Gersemi Shipping Fund takes profit from shorting Avance shares after BW LPG deal
‘Aggressive’ Avance Gas shorting pays off for Joakim Hannisdahl’s shipping stock fund Read More »
Red Sea crisis impacts DP World as interim profit slides nearly 60%
Dubai-based outfit says it has faced considerable challenges, affecting global trade routes and logistics operations
Red Sea crisis impacts DP World as interim profit slides nearly 60% Read More »
New York-listing key to $1bn deal that extends Andreas Sohmen-Pao’s takeover streak
Swoop for John Fredriksen’s VLGC fleet latest in run of deals by BW going back over a decade
New York-listing key to $1bn deal that extends Andreas Sohmen-Pao’s takeover streak Read More »
John Fredriksen’s Avance Gas shares see wild swings as investors digest $1bn deal
Analysts see more M&A activity by Avance with remaining ships tipped for a new home with sibling SFL
John Fredriksen’s Avance Gas shares see wild swings as investors digest $1bn deal Read More »