Easy Street or road to ruin? Shipping financiers weigh whether it’s 2008 all over again
This week’s Streetwise takes a look at whether high valuations and easy loan terms are threatening to burst shipping’s bubble
finance
Adnoc L&S points to period cover amid Strait of Hormuz disruption
Company upgrades its guidance on improved outlook for shipping market fundamentals
Wilh Wilhelmsen splashes $52m on shares after investors name their price
Reverse book building sees company snap up more A and B shares
Singapore hedge fund hikes position in US-listed tanker shares
Frontline becomes Pinpoint’s seventh-biggest investment in New York-listed equities
Gersemi Shipping Fund reveals gain from quick bet on monster International Seaways profit
Investor Joakim Hannisdahl says he saw enormous earnings coming for US tanker owner
Petros Panagiotidis could scrap latest Nasdaq spin-off after tanker sale
Cyprus-based owner appears to have received a better offer in secondhand market
Howe Robinson chairman David Anderson retires after 10-year stint
London and Singapore-based shop’s board to be chaired by two veteran brokers
Norden buys four handysize bulkers in secondhand swoop
Danish company has been busy buying, selling and leasing vessels this year
Strait of Hormuz disruption and severe weather blamed as Hapag-Lloyd sinks into the red
Liner giant maintains unchanged 2026 outlook, as Middle East operations begin to stabilise
2020 Bulkers profit surges as last vessel is delivered
Company is looking at ‘potential strategic or other relevant value-creating opportunities’