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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

StealthGas sees ‘promising’ outlook for handy size LPG carriers

Harry Vafias says medium gas carrier orderbook now ‘worrisome’, especially if ammonia windfall fails to materialise

Tankers and Gas LPG

Laskaridis plans up to four reefer newbuilds with Chinese partner

Newbuildings set to become Greek operator’s first new reefer order for more than 20 years

Containers Shipbuilding

Secondhand boxship sales on the rise but recycling remains muted

The containership sale and purchase market is picking up after the summer slowdown, with MSC continuing to snap up ships. Meanwhile, there is little sign of any upturn in boxship recycling because of relatively high secondhand values, due to strong demand for tonnage

Containers Sale and Purchase

Lloyd’s underwriting profit climbs 24% in the first half

Specialist market posts underwriting profit of £3.1bn in the first six months of the year as combined ratio improves 1.5 points to 83.7%

Risk and Compliance Insurance

ONE uses Japan operating lease to structure equipment deal

Mechanism is used as alternative to Chinese sale and leasebacks

Containers Finance

Greek owners keep the faith, despite ‘darkening clouds’

Consultancy cites a range of increasing risks for shipping, noting that the effects of geopolitical disruption should not be considered sustainable in the longer term

Containers Political Risk and Trade

Greener ships not seeing cheaper loans, study finds

A UCL study has shed light on the limits of voluntary green ship finance schemes

Sustainability Finance

Stuck on paper: why eBLs have yet to gain traction

Those publicly proclaimed obstacles may just be excuses for unwillingness to change. And those touted benefits also may not reflect users’ real pain points

Sustainability Containers

Frontline sounds alarm over dark fleet and repays Fredriksen debts

Frontline has raised concerns about the growing share of crude oil shipping by the dark fleet of older, non-compliant tankers. Elsewhere, it says it has repaid shareholder loans to John Fredriksen borrowed to help pay for the Euronav ships

Tankers and Gas VLCC

OOCL to take minor stake in Tianjin terminal for $49m

Tianjin Container Terminal, the leading box terminal in Tianjin, has 13 berths and annual capacity of 6m

Containers Ports and Logistics

Brunei’s China-backed Muara port starts expansion with $280m investment

Brunei launched its first direct container shipping route to China in the past year, connecting Muara with Qinzhou

Containers Ports and Logistics

Seacon first-half profits double on tankers bet

Buoyant Seacon foresees continuing demand in the chemical product and related logistics segment in the future. It will keep an eye out for any useful tankers it can snap up 

Product tankers Tankers and Gas
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