Scorpio hit by write downs
Monaco-based tanker player is the latest owner to take a substantial charge due to declining vessel values.
Latest News
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.
OOCL poised for Thai tie-up
Hong Kong liner giant to launch China-Bangkok service in partnership with Regional Container Lines.
Aussie ports face shake up
Western Australian government set to overhaul port authority structure in bid to improve efficiencies.
Genco tip bears fruit
Dahlman prophecy on point as US-listed bulker owner turns to capital markets for cash to cut loan repayments.
Allied fuel dispute ignites
Globus Maritime forced to pay Dimitris Marinis-controlled charterer’s overdue bunker bills following supramax seizure.
Sterne guru survives the cut
New York shipping sage shifts gears as another US investment bank torpedoes coverage of stocks tied to troubled sectors.
Creditors blast GMR bailout
Peter Georgiopoulos-led tanker owner under fire as lawyers attempt to sink Oaktree-backed reorganisation proposal.
Ezion to tap markets?
Singapore-listed offshore owner tipped to launch fundraiser as it eyes expansion.
ADM inks alliance
US agricultural titan teams up with Wilmar International in a bid to enhance purchasing power and improve fleet management.
Four more bodies found
Divers begin operation to recover more victims of Costa Concordia tragedy off Italy.
NOL to swing the axe
Massive cost cuts on the way following Singapore-listed containership owner’s deepest ever quarterly reversal.
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