Danaos to raise $500m through new US bond as it targets ‘financial fortress’
Major container ship player to hit $1bn liquidity, lowering finance costs and widening strategic options
finance
Stolt-Nielsen engages banks for new bond issue in Oslo market
Fixed income investor meetings start on Monday with the aim of raising funds for ‘corporate purposes’
Iran Expediency Council member: CFT accession was a measured decision
Member of Iran’s Expediency Council Mohammad Reza Bahonar says the body has conditionally approved Iran’s accession to the Combating the Financing of Terrorism (CFT) convention.
CMM sells $60m bond to expand fleet with ethanol newbuilds in $1.5bn deal
Dutch-Brazilian owner has ordered six PSVs for charter to Petrobras
Lower executive pay and costs push up profit at fund manager Tufton Investment
London arm of shipping investment group increased operating margin in 2024
BNP Paribas promotes Bertrand Dehouck to oversee global $23bn shipping book
Veteran financier will head management team unifying all transport lending across its three main geographical areas
Four-time governance king Genco Shipping may be feeling the crown wobble
This week’s Streetwise examines two recent moves that may get the watchdogs barking
Venture fund Katapult Ocean invests in maritime fuel start-ups
Investment manager with a record for sparking growth turns attention to ocean innovation
Genco merger talks ‘likely’ after Diana Shipping boosts stake, analysts say
Fearnley Securities believes US owner’s poison pill defence is a way of bringing Greek rival to the negotiating table
Senior Iranian politician backs CFT accession, dismisses opponents’ arguments as ‘weak’
A member of Iran’s Expediency Council, has defended the body’s recent approval of Iran’s accession to the Combating Financing of Terrorism (CFT) convention, saying the decision reflects national interest despite political disputes.