‘Disappointing’: Solstad Maritime issues profit warning amid weaker-than-expected offshore markets
Owner sees lower fleet utilisation and reduced margins
finance
Harry Vafias tanker and bulker spin-off to double share count in deal with Aegis Corp
Dilutive offering will raise $2m for Nasdaq-listed C3is
Penny drops for investors: Scorpio and Frontline lead tanker stock charge as scale counts on Wall Street
Tanker shares surge as product carriers play catch-up with VLCCs
Adnoc plots $43bn dividend handout from listed companies
Payments from operations including Adnoc L&S will run to 2030
Stability in an uncertain environment: Stolt-Nielsen stock jumps after Norne upgrades shipowner
Analyst raises target price to NOK 375 from NOK 360
Credit fund sees ‘strong outlook’ for tankers as it buys International Seaways bond
Fund sees limited downside with tight balance between supply and demand
Oslo hedge fund exits Hafnia and Subsea 7 after ‘solid return’
Sissener Canopus cut stock market exposure in September
Stolt-Nielsen issues new $150m bond as chairman puts in his own money
Deal ‘attracted broad investor interest and was significantly oversubscribed’
Singapore-listed yard group ASL Marine gets approval for share issue
Company wants to broaden its shareholding base to improve liquidity
Iran’s VP for legal affairs: Conditional accession to CFT a tool against Israeli crimes
Iran’s Vice President for Legal Affairs Majid Ansari has said the country’s conditional accession to the CFT (Convention on the Financing of Terrorism) provides an opportunity for Tehran to take legal action against the Israeli regime over its crimes.