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Finance

Keep informed with daily analysis and insight into shipping’s relationship with financial markets
including company results, credit reports and investment decisions

Wait-and-see is the real result from NZF delay

The IMO’s deep-freezing of the Net-Zero Framework has not dented banks’ commitment to decarbonisation in principle. But in practice there is little greenery visible

Decarbonisation Sustainability

Tanker values surge as strong earnings and Sinokor spree reset S&P benchmarks

While the Sinokor-driven premium may fade if buying slows, underlying values should remain firm if earnings stay strong and compliance friction persists

Tankers and Gas International

Do Okeanis’ offerings point to revival of NAV-premium equity raises?

It’s a great time to be an investor in crude tanker equities. Rates are booming. And yet, there is trepidation that crude tanker owners will issue new shares to buy assets at the peak of the cycle

Tankers and Gas Finance

Danaos further diversifies fleet with foray into LNG shipping

A move by Danaos into LNG shipping will add more long-term charter cover, complementing the company’s containership leasing backlog

Containers Tankers and Gas

MSC fuels hot secondhand boxship market as vessel values hold firm

Robust charter earnings are discouraging most owners from selling but some tonnage providers are cashing in on firm asset values

Containers Sale and Purchase

Bulk carrier asset values remain strong as BDI descends

Greek shipowners have dominated selling activity of late as they dispose of older tonnage as part of fleet renewal strategies

Dry Bulk Sale and Purchase

Newbuildings surge drives correction in vehicle carrier values and charter rates

Fleet growth of over 9% in 2026 is expected to significantly outpace cargo demand growth, while further downside will come from Red Sea stabilisation

Sustainability Roro

Gard retains top score with Standard & Poor’s

Norwegian club ranked best in International Group

Insurance Gard

Performance Shipping sells another $50m of bonds

‘Tap issue’ hikes proceeds from company’s Nordic bond

Tankers and Gas Finance

Seacon places first capesize newbuild order at Beihai Shipbuilding

Simandou ramp-up seen boosting capesize demand and supporting dry bulk recovery

Dry Bulk Shipbuilding

VLCC spot rates partially recover from Christmastime plunge

VLCC rates are well below 2025’s six-figure highs, but the market still has legs. Spot indexes have already recouped a portion of the losses suffered during the holiday period

Tankers and Gas Brokers

Marinakis launches new dry bulk partnership with Madias-led SPV Axis

New venture, Capital Axis Maritime, will initially manage fleet of 20 bulkers including seven new capesizes for delivery in 2027

Dry Bulk Greece
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