Diana Shipping spin-off makes $120m AI and crypto bet in dramatic tech pivot
Greek shipowner brings in new management team and sets up subsidiary SovereignAI
Bulkers
Torvald Klaveness appoints finance chief with brief to do more than manage the numbers
CFO will be part of executive committee and holding management team
Evangelos Marinakis’ Capital Maritime extends orderbook to capesize bulk carriers
Greek shipowner orders conventionally fuelled newbuildings in China
Navios Maritime Partners issues new $300m bond in Oslo
Five-year bond will pay a coupon of 7.75% per year
Jinhui Shipping books loss on fresh sale of ageing supramax
Sales of older bulkers continue as Hong Kong owner awaits three new ultramaxes in 2028
CMB sells capesize as clear-out of vintage bulkers extends
Fleet renewal programme continues apace
Norden raises 2025 profit guidance as gains from S&P deals climb
Owner-operator sees net profit of $100m to $140m
KCC sees positive outlook for fourth quarter as profit improves
Oslo-listed owner bounces back from a weak first half
Greek shipowner Efnav orders six bulkers at Hengli Shipbuilding
First Hengli order adds to shipyard’s recent newbuilding streak
KCC could prolong life of 24-year-old combination carriers
Fearnley Securities sees earnings upside to trading 2001-built vessels next year