‘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
finance
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
Middle East’s largest lender explored Standard Chartered takeover bid
First Abu Dhabi Bank said to have evaluated a possible offer for London-listed, Asia focused bank
All noise aside, Frontline-Euronav combination set to get done this quarter
Deutsche Bank says investors would be smart to start buying Euronav stock in anticipation of the inevitable
Baltic Exchange logs record tanker derivatives volumes in volatile 2022
Unique year continues to see new benchmarks set following Russian invasion
Merger row: ‘Eliminating’ Euronav will not do the world any good, Hugo De Stoop says
CEO argues that if his company is not transporting oil, someone else will be