Vitol revenues set new record
Rising oil prices boost results at giant oil trader and one of the world’s largest charterers of tanker tonnage.
Latest news
Most read
Scorpio hit by write downs
Monaco-based tanker player is the latest owner to take a substantial charge due to declining vessel values.
Sterne Agee analyst survives the cut
New York shipping sage shifts gears as another US investment bank torpedoes coverage of stocks tied to troubled sectors.
GNK moves forward with funding run
Dahlman prophecy on point as US-listed bulker owner turns to capital markets for cash to cut loan repayments.
Creditors blast Genmar bailout plan
Peter Georgiopoulos-led tanker owner under fire as lawyers attempt to sink Oaktree-backed reorganisation proposal.
NOL suffers bloodbath in the fourth
Singaporean container line sees near $1bn negative shift in its full-year bottom line following fourth quarter horror show.
Ezion Holdings to tap markets?
Singapore-listed offshore owner tipped to launch fundraiser as it eyes expansion.
Miclyn Express Offshore on the march
ASX-listed offshore owner continues charge with a huge rise in earnings and sales across the board.
Neptune Orient Lines to swing the axe
Massive cost cuts on the way following Singapore-listed containership owner’s deepest ever quarterly reversal.
Sevan Marine chops final quarter deficit
Oslo-listed FPSO company posts better numbers in the final period as it nears the end of financial overhall.
Ezion Holdings bags another
Singapore-listed owner secures a service rig deal worth over $100m as it announces a successful year.
Fain sells Royal Caribbean stock
CEO offloads $2m worth of shares in cruiseship owner to help pay a tax bill.
Genco tipped for funding run
New York-listed bulker owner could look for $50m equity issue to help with loan repayments, analyst says.
Jefferies boosts Pacific Basin
Hong Kong-listed owner handed a buy tag amid expectations its bulkers will turn a profit in a terrible market.
Genco dodges deficit forecasts
Peter Georgiopoulos-backed bulker owner beats Wall Street bets after squeezing out modest quarterly profit.
Asciano confident on profit
Australian ports and rail group eyes second-half earnings increase after stronger first six months.
Danaos sheds the red in the fourth
New York-quoted containership owner’s quarterly profit overshadowed by chief executive’s grim market forecast.
ACM drops on Platou rebuff
Shares in the London tanker broker slide after it knocks back potential takeover bid from Norwegian rival.
Wall Street fears cash crisis at OSG
Asset sales and equity exercises increasingly likely for Morten Arntzen-led owner following failed Title XI loan bid, analyst says.
Baltic Trading profits halve
Despite fourth quarter profit capesize and small bulker player ends year in red as weaker rates take their toll.
STX Europe romps home in the fourth
Korean-owned shipbuilder produces impressive final charge to end the year on a high.
Seychelles Petroleum "financially sound"
Indian Ocean tanker owner says it will “forge on” despite racking up losses from tough markets.
Golar LNG seeing huge growth
John Frediksen-controlled owner reports soaring profit and expects more to come as reactivated vessels and newbuildings are brought online.
Freeze purchase fires GMLP dividend
Golar Partners’ profit passes its parent’s in Q4 as vessel dropdown spurs payout.
HMM targeting profit return in 2012
Korean boxship and tanker owner aiming for operating earnings of $116m this year.
Mercantile Shipping posts loss
Sri Lankan multipurpose operator moves into the red as revenue falls by a fifth.
Malaysia Marine Heavy profit slumps
Kuala Lumpur-listed shipbuilder’s fourth quarter earnings drops as it stops recognising Turkmenistan income.
Platou bid for rival ACM is rebuffed
Peter Anker offer inadequate but broking rivals hope to salvage co-operation deal from failed takeover offer.
PDZ Holdings still going strong
Kuala Lumpur-listed owner continues profit drive as container volumes rise.
OSG abandons Title XI claim
Troubled tanker owner has withdrawn its bid for state-backed funding after feds give plan the thumbs down.
Aussies seek industry input
The Australian government wants industry feedback on its proposed tax reforms for domestic shipping.
Seychelles in trouble over tankers
State shipowner Seychelles Petroleum losing $1m a month on its five-ship products carrier fleet.
Torm dials back shot clock
Banks bless cash-strapped Danish owner’s request to postopone expiration of financial waivers by two weeks.
Marco seeks BBR listing
Singapore-based offshore company plans to float Indonesian shipowning joint venture.
Dongfang's take on dark days
AIM-listed yard says reports of owner’s run away and production shutdowns are wide of the mark.
Kherson Shipyard in the money
Ukrainian shipbuilder increases earnings for 2011 as it clinches work until 2013.
NOCC gets extra cash in the bag
Tom Erik Klaveness and Wilh Wilhelmsen the main contributors as Oslo-listed owner pockets a dash over $20m.
Top Jobs
Latest Positions
- Next bid:$ 100
- $ 850,000
- $ 500,000