Singapore Shipping sees better earnings
Results for fourth quarter and full year improve amid higher revenue. Source: http://www.tradewindsnews.com
finance
DSD’s bus division props up revenue as shipping dips
Source: http://www.tradewindsnews.com
NAT could sell one-third of its tankers if financing plan fails
Realities of Hansson company’s financial fix contrast with owner’s optimism as clock ticks on recapitalisation Source: http://www.tradewindsnews.com
There’s nothing for shipping to applaud in US reversal on Iran
White House renewal of sanctions will only push Tehran into the embrace of Russia and China Source: http://www.tradewindsnews.com
StealthGas returns to red in first quarter
The Harry Viafas-led owner posts loss in great part due to $3.8m impairment hit. Source: http://www.tradewindsnews.com
Greek shipping brings in $10.71bn and more
Union of Greek Shipowners says foreign exchange earnings do not show full contribution. Source: http://www.tradewindsnews.com
Eagle soars while DryShips dwells in cellar
Webber’s semi-annual governance “scorecard” once again details who’s been naughty and nice. Source: http://www.tradewindsnews.com
Investor takes Aegean stake over 5%
US-based private equity firm Towle & Co. owns 2.1 million shares of Aegean Marine Petroleum Network. Source: http://www.tradewindsnews.com
Seaways readies $50m bond offering
Diversified tanker owner seeks additional leverage for financing of Gener8 VLCC acquisition. Source: http://www.tradewindsnews.com