Close John Fredriksen advisor Gunnar Eliassen walks out on Seatankers
Director leaves private shipowning group, but reports suggest he will retain some other Fredriksen company board positions for now
Bulkers
Erik Thun orders eight tankers and multipurposes in the Netherlands
Swedish owner expands wet and dry capacity with deal at Ferus Smit
Buy Danish: Norden’s lucrative trading arm valued at ‘next to nothing’, Clarksons says
Analysts say short-term fleet of 450 vessels gives ‘enormous’ earnings potential
Yasa Shipping ups the ante on bulker newbuildings, denies VLCC sale
Major Turkish owner is said to be extending its bulker newbuilding orderbook with ultramaxes in China
Yasa Shipping makes swift VLCC exit with lucrative asset play
Major Turkish owner takes home profit from big tanker and ups the ante on bulker newbuildings
Former Agritrade CFO jailed for 20 years for part in defrauding banks
Executive said to have taken part in one of Singapore’s largest cases of trade financing fraud
One of Singapore’s largest cases of trade financing fraud sees CFO get 20 years
Financial institutions said to have suffered total losses of around $469.1m
Yangzijiang inks deal for ‘pricey’ self-unloading bulker newbuildings
Canada’s Algoma is being linked to an order for up to four 80,000-dwt newbuildings
Dry bulk spot rates sink but futures point to bigger rebound after Chinese New Year
FFAs for key bulker segments in February to May are higher than they were two weeks ago
Diana Shipping sees earnings slump on two bulkers as Cobelfret and NYK Line sign charters
But deals for a post-panamax and a newcastlemax show period rates have held their ground since last-done charters