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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

Puzzled by Aponte’s Gram Car Carriers deal? Don’t be

After putting together the world’s biggest shipping empire in little over five decades, it’s safe to say this guy knows what he’s doing

Lloyd List - The View Mediterranean Shipping Co

Wärtsilä chief says shipyard capacity slowly improving

LNG carrier segment experiencing major bottleneck, but other segments have more shipyard capacity

Tankers and Gas Wartsila

CMA CGM offers $214m fund to finance decarbonisation projects

Public sector investment bank Bpifrance will manage the majority of the fund, which will also finance research projects within the maritime sector

Sustainability Containers

Shipping markets no longer just about supply and demand, says Norden’s Rindbo

‘The ability to stay nimble to react to changes in shipping markets is more important than ever,’ says Norden chief executive

Tankers and Gas Political Risk and Trade

MPC Container Ships splits top job

MPC Container Ships’ Baack is to replace Ulf Holländer in the top role at the company’s largest investor. His role will now be shared with chief financial officer Moritz Fuhrman

Containers People
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Another one bites the dust: Shipping stocks keep disappearing from the ticker

After waves of public listings in the 2000s and early 2010s, the private model — always dominant in shipping — has become more popular over the past decade. Privatisations and mergers are driving more delistings

Containers Dry Bulk

Red Sea diversions weigh on cargo volumes and revenue at Höegh Autoliners

Fifth-biggest vehicle carrier operator reports a 14% drop in quarterly revenues because of longer Red Sea diversions. Nevertheless, spot freight rates are being maintained at record levels and Höegh Autoliners should gain from an uplift in pricing from upcoming contract renewals with its major shippers

Risk and Compliance Roro

Marinakis group takes delivery of last feeder newbuildings

Energy efficient, nine-ship series of 1,827 teu vessels from Hyundai Mipo is employed under a mixture of charters

Containers Sustainability

MSC set to take over vehicle carrier tonnage provider Gram Car Carriers

Cash offer by MSC subsidiary for all issued and outstanding shares in Oslo-listed non-operating owner was unexpected. Whether MSC’s move heralds future expansion in to vehicle carrier liner services, with potential crossover from its container shipper clients, remains to be seen

Containers Roro

Falling freight rates could benefit logistics operators

Swiss logistics operator Kuhne+Nagel is focusing on reducing its unit costs as demand stagnates. But high-margin customers are still profitable even if overcapacity drives down rates

Containers Ports and Logistics

Aramco seeks Hengli stake to secure China’s demand

Proposed transaction could potentially present opportunities for Hengli’s shipbuilding subsidiary, which is expanding into the tanker sector

Tankers and Gas VLCC

Shippers balk at cost of low-emission products

There have been some high-profile early adopters of low-emission shipping. But for most shippers, profitability is still more important than sustainability

Sustainability Containers
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