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

Yes, a tariff war would matter for shipping
Clerc and Habben Jansen are right to warn against an immediate Chicken Licken response. But just because the sky isn’t falling yet doesn’t mean it couldn’t

India’s latest attempt to become a shipbuilding powerhouse appears more convincing
Shipowners of lower-value vessel types need more shipbuilding capacity, as Chinese shipyards focus on more complicated tonnage. India should be in a good position to fill the gap left by China

Capital Clean Energy Carriers posts increased earnings as reboot gathers pace
Greece-based CCEC has six further LNG carriers on order, representing one-third of the current newbuildings as yet uncommitted to long-term contracts

Maersk chief doubles down on integrator strategy
Vincent Clerc reaffirms the company’s integrated logistics blueprint, noting how developing end-to-end capabilities is more critical now than when the strategy began eight years ago

Norden takes long-term view as it navigates market’s downturn and profit slump
By combining its shipowning asset division with its asset-light chartering business, Norden chief executive Jan Rindbo says the company can more effectively ride the boom and bust cycles of shipping markets

‘No pressure’ on boxship rates so far, says Costamare
Dry bulk operating subsidiary expected to take ‘balanced’ approach to positions going forward

NYK builds on bulker and container business momentum to triple third-quarter profits
The positive results were mainly driven by NYK’s gains from the liner business and the capesize segment of its dry bulk business

Panama Canal denies special treatment of US Government vessels
The canal authority refuted claims by the US State Department that it would not longer charge US Government vessels to transit the canal

Samsung Heavy more than doubles operating profit to $347m
SHI, along with other domestic players, is expected to benefit from Donald Trump’s second term, but will be the only beneficiary from the North American FLNG market

Maersk posts third-most profitable year on record
Danish giant saw profits rebound strongly in 2024, but fortunes for the coming year hinge on Red Sea reopening

Transport sector calls on EU to safeguard funding
European transport groups pen open letter to EU member states calling on support for ‘a dedicated European transport funding instrument’ amid concerns about the commission’s plans to prioritise funding on a country-led project basis

Logistics firm GLS fined €8m for greenwashing in Italy
The Italian Competition Authority has fined General Logistics Systems for alleged unfair commercial practices over its ‘Climate Protect’ scheme
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