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

Leading shipping lawyer John Papapetros dies in Greece
A member of the Athens Bar since 1984, Papapetros was also a vice-chairman of the maritime committee of the International Bar Association

Thessaloniki port posts record results
Northern Greek gateway boosts container throughput by 9% as it prepares to implement key project to increase capacity

Seafarer minimum wage to increase by more than 6%
From January 1, 2026, seafarers will be entitled to a minimum of $690 per month, rising to $715 on January 1, 2028

DHT sells two older, China-built VLCCs
New York-listed VLCC owner DHT has sold two of its older VLCCs, which were also its only China-built vessels

Tanker sales drop in first quarter
Waning appetite may reflect reaction to geopolitical and regulatory developments, but differs across segments and age categories, according to Greek broker’s research

Jinjiang Shipping ramps up Southeast Asia push amid US-China trade tensions
With US-China tensions escalating, Beijing is leveraging regional initiatives and diplomatic outreach to deepen economic ties with ASEAN, while Jinjiang capitalises on surging demand and favourable freight conditions

CMA CGM buys 35% stake in Egyptian dry port
The acquisition strengthens CMA CGM’s presence in Egypt, alongside the container terminal it operates at Alexandria and the new terminal at Sokhna due to open next year

China Merchants expands shipbuilding portfolio with Qingdao Yangfan acquisition
China Merchants has finalised the acquisition of Qingdao Yangfan Shipbuilding, expanding its shipyard portfolio to seven and enhancing its capacity to build large bulk carriers and containerships

CSSC’s listed units report first-quarter profit surge
Green ship orders fuel earnings at Chinese shipyards

Costamare Bulkers spin-off to ‘move ahead’
Dry bulk companies today are trading at a discount, says Zikos

South Korea seeks to boost orders by expanding refund guarantees to small and medium shipbuilders
The expansion of special guarantees, the diversification of RG issuers and the increase in the timely supply of RGs, reflecting improved financial performances, will be provided
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