Streetwise: Why investing is getting ‘sticky’ at the bottom of a dry bulk trough
This week’s finance newsletter takes a look at the evolution that has helped US-listed bulker owners mature as a sector
finance
Norwegian Cruise Line Holdings offers $500m in notes
New York-listed cruise company plans to use proceeds to to repay debt coming due in 2024
OSM and Thome merger to create ship management giant
Combined entity will be headquartered in Norway and employ 30,000 seafarers
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
Pelagic Partners beefs up team with ex-KPMG asset guru Michalis Vasiliou
Cyprus shipping fund brings in experienced finance man as it expands tanker and offshore wind fleet
KARMOL clinches $71m loan for FSRU project in West Africa
Japanese financial behemoths are lining up behind LNG-to-electricity project in Senegal
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
Best ever: International Seaways tips the good news coming from fourth-quarter results
New York tanker owner sees market going from strength to strength in 2023 with Ukraine disruption, China demand playing a role
Scorpio-backed battery developer Britishvolt goes into administration
UK electric vehicle battery start-up in which Scorpio Group invested last year has collapsed after an attempt to rescue the group failed.
Top Ships buys back $12m of preferred shares after recent fundraising
Greek VLCC owner takes out some of its priority stock issue