Wind powers Fred Olsen-controlled Bonheur to strong profit
Renewable energy and wind farm services brought in a $166m bottom line
finance
Star Bulk halves dividend on profit dip but beats Baltic index
CEO Petros Pappas still holds positive view on dry bulk despite ‘seasonal spot market weakness’
Scorpio Tankers doubles dividend and restocks $250m buyback fund
First-quarter bookings remain strong despite product market’s January swoon
EcoClipper invites €25,000 investors in share offering to take free trips
Dutch sailing cargo vessel start-up looking to raise €225,000 to pay off its first ship and launch transatlantic liner service
Streetwise: After a decade on the public-market seas, Ardmore’s ship has finally come in
TradeWinds’ weekly finance newsletter takes a look at Ardmore Shipping’s long, strange trip from 10 years as a public shipowner
Prem Watsa’s Fairfax spends $78.7m to lift Atlas Corp stake to $2bn
New York-listed parent of Seaspan Corp reveals a dip in fourth-quarter profits, but not enough to prevent full-year earnings growth.
‘Risk of litigation’ leads Atlas to disclose new details ahead of take-private vote
New details include valuation estimates and reasons for rejecting initial offer by Poseidon shareholders
Serial buyer SFL reveals sale of older suezmax and ups dividend
SFL is raising its dividend after another profitable quarter, and has announced the sale of an older suezmax tanker
Lorentzen & Co cuts broking staff after results disappoint
Broker is in talks with staff to see who will leave
Biggest container lines aim to save billions with 100% electronic trading by 2030
Carriers which are members of the Digital Container Shipping Association (DCSA) commit to fully adopting electronic bills of lading based on open-source standards