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Latest News
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Lundh’s chemical coup

Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.

20:36 GMT, 10 Feb 2012
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RLOG on the up

Great Lakes bulker specialist predicts another profitable year as expanded fleet lifts bottom line.

18:09 GMT, 10 Feb 2012
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Full circle for finance man

Investment banker Kevin O'Hara has rejoined New York boutique firm AMA Capital Partners after seven years.

16:10 GMT, 10 Feb 2012
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Iran facing shipping squeeze

Trade dwindling as Maersk and Hapag-Lloyd among those pulling out due to US and EU sanctions.

16:07 GMT, 10 Feb 2012
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Strike three for Saverys

Shipowner Marc Saverys continues to sell off stock in shipbroker Clarksons.

15:58 GMT, 10 Feb 2012
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DSX plays down Daelim drama

Cargill steps in as South Korean charterer coughs up cash to cover early return of bulker to US-listed owner.

15:58 GMT, 10 Feb 2012
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Tough end for ASL Marine

Singapore-listed offshore company sees revenue and earnings sliced by a quarter in the final period of 2011.

15:21 GMT, 10 Feb 2012
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Dividend chop just the start

Axing of shareholder payouts at OSG may need to be accompanied by asset sales, analyst says.

15:04 GMT, 10 Feb 2012
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Peel plots post-panamax port

Port of Liverpool owner ready to spend £250m on new containership facility at Seaforth.

14:38 GMT, 10 Feb 2012
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Seabird swoops on contract

Oslo-listed seismic outfit eases financial troubles with award of $13m deal.

14:03 GMT, 10 Feb 2012
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GE earnings cut

Weaker bulker markets in third quarter sees Indian owner's profit chopped, but tankers improve.

13:41 GMT, 10 Feb 2012
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BLT has some backing

Creditors are being supportive of Indonesian owner’s restructuring efforts, says Kevin Wong.

13:36 GMT, 10 Feb 2012
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