ASEAN banks less exposed to offshore after ‘kitchen sinking’ in 2017
Loans to troubled sector less than 1 to 5% at most major regional banks, say local analysts
offshore
Norden ’embracing the volatility’ in shipping markets
Trade wars, geopolitical tensions and virus epidemics don’t scare Norden, chief executive Jan Rindbo told TradeWinds
Bloodbath for Singapore OSV stocks on talk of $30 oil
Some of Singapore’s offshore support vessel operators have lost almost one-fifth of their value in one morning
Rene Kofod-Olsen leaves P&O Maritime after Topaz merger
DP World-owned offshore shipowner promotes operations chief to CEO role as Danish executive pursues other interests
Penguin International benefiting from Nigeria piracy woes
Regional security situation implying a strong and resilient demand for safety vessels, say analysts
Coronavirus contagion hammers western shipping stocks after Asian fall
Tanker, bulker and boxship companies sharply down in Monday morning European trading
Dof says anchor-handler rates unsustainable as bank talks continue
Norwegian owner says negotiations with lenders progressing well
Fearnley Offshore Supply: Governments may have to remove unwanted OSVs
Norwegian broker also says much remains to be done to relieve industry of crushing debt burden
Hornbeck looks to keep head above water, push back debt
The company wants to swap debt due in 2020 and 2021 for debt due in 2023 and 2025
Clarksons Platou starts Bonheur coverage with a buy
Clarksons Platou Securities has begun coverage of Fred Olsen group holding company Bonheur with a buy rating. Head of research Turner Holm said: “While Bonheur shares have performed well in 2019, the repricing could gain a second wind in 2020 as growth picks up in many of its businesses.” He has a NOK 285 Source: http://www.tradewindsnews.com