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July 20, 2025

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finance

Avance Gas pays out final $56.7m dividend as it plots delisting

Company proceeds with winding-up process after selling gas fleet last year

April 16, 2025
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HMM hunts container ship newbuilds with huge war chest after SK Shipping takeover

South Korean shipping giant sets aside $13.5bn to grow container ship business

April 16, 2025
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Tanker stocks sag in New York after IEA chops demand estimates

Trade wars cited in lower figures as growth would be worst since pandemic

April 15, 2025
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Spin off of a spin-off: Toro Corp completes Nasdaq launch of tanker vehicle

Panagiotidis family’s list of public companies grows to three in New York

April 15, 2025
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Fatal flaws in IMO carbon deal risk creating a cost burden rather than a climate catalyst

Momentous day as shipping becomes first industry with a global carbon price, but the result is complex rules that may lack sufficient impact to drive change

April 15, 2025
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George Economou seeks to replace Trafigura as partner in Italy’s biggest refinery

Shipowner and trader said to have disagreed over the terms of crude supply deal to ISAB plant

April 15, 2025
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Sumitomo adds funds to Hayfin’s $600m-plus shipping investment war chest

Alternative financier brings in Japanese lender as it seeks more shipping exposure

April 15, 2025
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NYK selling $112m ‘transition bond’ to drive investments in LNG-fuelled ships

Japanese owner’s fourth such deal will carry interest of just 1.24%

April 15, 2025
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Investor Energifonden hunts VLCC cash with three new bond offers

Swedish investment company selling debt in tranches maturing over three, four and five years

April 15, 2025
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Battered car carrier stocks are too cheap to ignore, says Arctic despite ‘wall of uncertainty’ facing sector

Analyst retains ‘buy’ recommendation with lower target prices

April 15, 2025
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