EGD takes big profit by selling $23m of Klaveness Combination Carriers
Norwegian investment company first bought into innovative shipowner in 2016
finance
Never say never: Frontline’s Barstad not ruling out Euronav deal in future
But CEO says combination is firmly off the table for now amid arbitration
Spend your billions wisely — AlixPartners warns liner sector
Operators are sitting on $42bn in cash and enjoy a wide range of strategic options
BW LPG sells veteran as it adds nine ships to pool in deals with Exmar and Vitol
Singapore owner also declares purchase options for two more modern leased vessels
MPC Container Ships waves goodbye to record returns
Oslo-listed company expects earnings to dip this year by nearly 20%
Samudera Shipping to pay out bumper dividend as profit soars
Indonesian shipowner makes the most of demand for shipping services outpacing supply, but warns of softer markets ahead
‘Strong markets’ and asset gains push Algoma Central to 46% profit jump
Toronto-listed shipowner’s revenue jumps in bulkers, product tankers, self-unloaders and shortsea
De Stoop rejects CMB stake buyout in favour of getting around the boardroom table
Euronav CEO says purchasing Saverys family’s shares would not be the best use of capital
Euronav slams ‘cynical’ CMB for ‘bringing the chaos’ by blocking Frontline merger
Chief executive Hugo De Stoop has strong words for the Saverys family as he seeks to persuade shareholders to support the current board
World Fuel Services sees ‘record’ 2022 profits from bunkering business
Higher prices and interest rates helped the segment to its best-ever result