Frontline scuttles Euronav merger efforts, dashing hopes to create tanker behemoth
John Fredriksen-backed tanker owner began its merger push last summer in an effort to build the world’s largest tanker owner
finance
Kristian Eidesvik ploting to take bulker group Wilson private in Oslo
Low trading liquidity means shipping company offering to repurchase up to 4.4m shares before delisting
Kristian Eidesvik plotting to take bulker group Wilson private in Oslo
Low trading liquidity means shipping company offering to repurchase up to 4.4m shares before delisting
DHT clinches cheaper $305m finance deal secured by 10 VLCCs
Owner says multi-lender facility will reduce borrowing costs
‘Stellar’ year ahead for shipping stocks after 29% gain in 2022, Clarksons says
Tight supply picture should support share prices as savvy owners keep buying relatively cheap secondhand vessels
Tanker owner Altera eyes growth after clinching $2bn bankruptcy restructuring
Aberdeen-based group emerges from Chapter 11 after converting $1bn debt to equity
Noble Capital takes axe to research coverage on shipping names
Owners resisted pay-research model after bank suddenly lost its shipping team at conference last April
Happy New Year: NYK Line boss predicts record profits will top ¥1trn
But there could be trouble ahead because of global economic recession, warns outgoing company president
Spynote Android Malware Targeting Financial Institutions to Steal Sensitive Information
Since October 2022, a new version of Android malware known as SpyNote (aka SpyMax) has been targeting financial institutions as a means of stealing information. It is interesting to note that this new version incorporates both the characteristics of sp…
Ocean Yield to buy back $73m Norwegian bond issue early
Oslo-listed owner spends again to remove May 2023 debt maturity