Finance
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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
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
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
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
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
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
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
Gard retains top score with Standard & Poor’s
Norwegian club ranked best in International Group
Performance Shipping sells another $50m of bonds
‘Tap issue’ hikes proceeds from company’s Nordic bond
Seacon places first capesize newbuild order at Beihai Shipbuilding
Simandou ramp-up seen boosting capesize demand and supporting dry bulk recovery
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
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
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