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

Toro acquires tanker following new spin-off
Acquisition by Petros Panagiotidis-led owner could become second unit in fleet of newly-listed Robin Energy

UK Chamber of Shipping disappointed with Reeves spending review
State support needed to ensure competitiveness, argues shipowner trade association

Singapore tanker broker Vantage to raise $13m in US IPO
The Singapore-based shipbroker aims to strengthen its presence beyond Asia, especially in Western markets and the dirty petroleum products sector, chief executive says

MSC snaps up more than 30 secondhand boxships since January
The world’s largest containership operator has picked up 33 boxships from the secondhand market since January, with MSC doing four sale-and-purchase deals in the past week alone

Hanwha secures US support for Austal investment
With US backing, Hanwha expects approval from the Australian government to increase its current equity stake in Austal from 9.9% to 19.9%

Cosco Shipping expands MPV fleet with six newbuilds from Bocomm Leasing
The move highlights the deepening ties between Chinese leasing companies and domestic shipowners amid ongoing geopolitical and market pressures

Private equity fund takes over Danaos Management and Procureship
A US fund, with no previous experience in maritime, has quietly been buying up key names in the Greek tech sector

UK Shipping is $64bn boost to national economy, argues Chamber
Maritime London rejects Fredriksen claim that Britain has ‘gone to hell’ as a base for owners

SIPG slashes yard fees for US-bound containers amid export surge
A 50% discount on yard usage fees aims to ease congestion and attract US-bound container traffic

BW LPG sticks to what it’s good at as uncertainty mounts
Singapore-headquartered company recently pulled out of a greenfield terminal project at Jawaharlal Nehru, India

EuroDry loss widens as dry bulk rebound fizzles
Nasdaq-listed owner is toughing out a poor market, waiting for a ‘meaningful upturn’ in demand

Why P&I clubs are losing money on underwriting
They had one job. So why did most of the P&I clubs fail to meet their annual appraisal goals last year?
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