Precious hit by poor rates
Khalid Hashim-led owner has full year income cut by the weakening dry cargo market.
Korean funds go on buying spree
Marine ministry authorises three investor groups to purchase eight boxships and bulkers for charter to HMM, SK and Sinokor.
Kirby Corp high on petrochemicals
US oil products output pushes barge owner to another earnings record.
Mitsubishi in operating loss
Shipbuilding arm of Japanese giant slips into the red in third quarter despite more orders and higher net sales.
MES dips but has bright outlook
Japanese shipbuilder reports lower earnings but still sees full year improvement.
Korean giants see shares sink
HHI and SHI see market values backtrack following fourth quarter profit pain.
IHI Corporation earnings take a dip
Japanese shipbuilder's nine-month profit slips in the same week that it announced mega-merger.
Oaktree denies hacker’s claims
Private equity giant joins Gulmar Offshore in torpedoing allegations of fraud and tax evasion as police probe whistleblower.
Daewoo suffers in fourth quarter
Korean shipbuilder's annual profit stable, but earnings plunged 62% in final three months.
The big Daewoo share giveaway?
Investors in Korean bail-out fund could bag $870m of yard's shares if asset agency Kamco cannot sell them.
Lazard Capital cuts Urs Dur
Investment firm parts with one of shipping’s veteran equity analysts in tough finance market.
Lodestar losers pay the price of failure
Team behind attempt to take British Marine’s P&I business by stealth suffer another comprehensive defeat.
Hoegh LNG eyes expansion ammo
Oslo-quoted owner tests market appetite for gas stocks with $200m fundraiser aimed at growing FSRU arsenal.
Dutch courage boosts Siestas
Insolvent German yard’s hopes of survival lifted by Van Oord renegotiating wind power order.
Seadrill CFO heads for the door
John Fredriksen-controlled drilling giant shuffles management structure as Esa Ikaheimonen departs.
RCCL crunches Concordia numbers
Richard Fain-led Royal Caribbean will miss first quarter and 2012 estimates following Carnival’s Italian casualty.
Tidewater trumps the street
US offshore giant defies analysts’ expectations to hold steady course in the final quarter.
Sovcomflot IPO "first in line"
Russian economy ministry says tanker company’s share sale is the main priority for the spring.
Hyundai Heavy hammered in Q4
World’s largest shipbuilder sees its bottom line tumble by more than 90% as cheaper ships are built.
NOCC joins bond run band
Lars Solbakken-led shipowner is the latest firm to tap the red hot bond market in Oslo.
ISC profit better on paper
US shipowner’s 2011 earnings boosted by non-cash gain from its full takeover of Drybulk Capeholding.
Moody’s drops rating on Japanese duo
Credit rating agency cuts its view on MOL and NYK against backdrop of tough markets.
Jefferies boosts its view of boxship boys
Improving container market drawns higher ratings for OOIL, NOL, CSCL and Japan’s big three.
Tamai Steamship turning it on
Japanese bulker owner sees nine-month profit jump despite revenue drop.
Glencore pushes for Xstrata deal
Ivan Glasenberg-led commodities titan is close to a merger with mining powerhouse.
Costamare climbs in the fourth
Constantinos Constantakopoulos-controlled containership owner beats Wall Street bets as profit more than doubles.
Global Offshore sees profit dip
Bombay-listed offshore vessel owner has final quarter earnings slashed.
RS Platou ponders Iranian poser
Iranian embargo is already pushing rates but it won't provide a lasting cure for low earnings, says Ole-Rikard Hammer.
General Maritime rolls the dice
Bankrupt US tanker owner files restructuring plan as it races to unshackle Chapter 11 chains by spring.
Dragon to breathe some life into BDI
ICAP delivers a history lesson which shows hope for the dry-cargo market given an early Chinese New Year holiday.
Mercator faces cash crunch
Singapore-listed arm of Indian shipowner is hit by a combination of rising costs and declining rates.
Gulmar CFO plots timely departure
Finance chief of Oaktree-backed offshore contractor races to the exit as talk of tax headaches and expansion escalates.
CH Offshore slashed by a fifth
Smaller fleet costs Singapore-listed offshore owner in the first half.
UniCredit scales back shipping
Italian bank cutting EUR 9bn exposure to non-core marine business by renewing loans “very selectively.”
NS United in profit reverse
Japanese tanker and bulker owner goes from JPY2.4bn profit to JPY1.3bn loss in twelve months.
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