Tanker rate rally fires up profit at Malaysia’s MISC
Shipowner says rebounding oil production and shift to longer-haul trade flows are driving rate increases
Tanker rate rally fires up profit at Malaysia’s MISC Read More »
Finance
Star Bulk frees two of three vessels from Ukraine waters under grain pact
New York-listed owner rolls to third-quarter profit but misses analyst expectations in weaker market
Star Bulk frees two of three vessels from Ukraine waters under grain pact Read More »
Who’s buying Scorpio? Institutions, hedge funds…heck, even Deutsche Bank
Goldman Sachs led the flow into the surging product giant, while another bank’s increased holding might come as a surprise
Who’s buying Scorpio? Institutions, hedge funds…heck, even Deutsche Bank Read More »
Zim trims earnings forecast and braces for ‘new normal’ as profits slide
Israeli carrier shaves $400-$500m from earnings forecast as container ship downturn bites
Zim trims earnings forecast and braces for ‘new normal’ as profits slide Read More »
Dwindling profits signal end of container boom for Asian liner operators
Thailand’s RCL is latest intra-Asian operator to emerge with lower quarterly profits
Dwindling profits signal end of container boom for Asian liner operators Read More »