Kongsberg targets spin-off and Oslo listing of maritime business
Kongsberg Maritime to be listed in second quarter next year
finance
Teekay Tankers logs better-than-predicted earnings and reveals rising fourth-quarter rates
Profits from vessel sales keep bottom-line earnings in growth territory
DHT profit growth comes in a notch over expectations as fourth-quarter bookings show strength
VLCC specialist points to brighter earnings ahead
Does Scorpio ‘debt-zero’ plan hint at asset play or a lure for long-only investors?
This week’s Streetwise reviews a new analyst take on product tanker giant
‘Too expensive’: Capesize asset prices drive downgrade for bulker stocks
ABG cuts 2020 Bulkers and Himalaya Shipping to hold
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
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
Navios Maritime Partners issues new $300m bond in Oslo
Five-year bond will pay a coupon of 7.75% per year
Petros Panagiotidis company inks $7m share deal with Maxim Group
Robin Energy raising cash from single institutional investor
LNG bunker vessels a key segment for Wartsila as retrofits and upgrade demand turn ‘lumpy’
Bullish forecast on marine demand due to ice breaker deal with US