Plunging container ship values hit the finance market
Sinking boxship values are resulting in ‘soft defaults’ on loans done when the market was high
Plunging container ship values hit the finance market Read More »
Finance
BlackRock beefs up stake in 2022’s top-gaining shipping stock
Position puts world’s largest asset manager among the top rung of shareholders in Irish product tanker owner
BlackRock beefs up stake in 2022’s top-gaining shipping stock Read More »
Norwegian Cruise Line pockets $593m from upsized bond offering
Cruise giant’s offering was originally set at $500m in bid to refinance existing debt
Norwegian Cruise Line pockets $593m from upsized bond offering Read More »
Container shipping slump forces profit downgrade at K Line
Company is still in line for record profits in current financial year
Container shipping slump forces profit downgrade at K Line Read More »
Wilson lines up delisting vote as contracts agreed at higher levels
Mini-bulker giant is expecting bigger earnings this year as it goes private
Wilson lines up delisting vote as contracts agreed at higher levels Read More »