Tie-up between International Group giant and local minnow designed to benefit both sides

Bocomm Leasing, led by Xu Bin, is aiming for the top position among global ship financiers, driven by record-high leasing signings, a strong focus on green shipping and bold investments in innovative vessel technologies

‘Tanker sale and purchase activity has significantly decreased in every quarter of 2024, with each quarter seeing a steeper decline than the previous one,’ said Xclusiv Shipbrokers analyst Eirini Diamantara

The US start-up has completed a $150m financing round, with investments from several Japanese companies, including Mitsui & Co and Japan Airlines

New York-listed Greek containership lessor Global Ship Lease has confirmed the acquisition of a 9,115 teu boxship quartet

Idan Ofer’s holding company Quantum Pacific has set up Dynamis Capital in Singapore to own former Fleetscape fleet of some 25 ships. The new company will have a particular focus on supporting ship operators engaged in the industry’s energy transition

Nasdaq-listed Imperial Petroleum stays strong despite ‘unexciting’ market in third quarter

Marine mutual highlights increased charges from UK shipping law firms

Move reflects steps taken to improve capital position, says Bean

Counterintuitively, stocks in the segment with historically high newbuilding deliveries — container shipping — have done far better in 2024 than segments with low deliveries: tankers and dry bulk

Costs included €14.1m on EU emission allowances in the first nine months of the year

Diana’s stock price in New York spikes on news