Finance And Insurance News - Marine Insurance & Ship Finance Updates - (original) (raw)

Chinese lessor seeks yard slots for six newcastlemaxes

Huaxia Financial Leasing has launched a tender process for up to six newcastlemax bulk carriers, signalling a major expansion of…
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Diana scales back Genco campaign ahead of crunch shareholder vote

The boardroom battle between dry bulk owners Diana Shipping and Genco Shipping & Trading has taken another turn, with Diana…
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Private equity and shipmanagement

PE capital has turbocharged shipmanagement consolidation. But in a business built on safety, seafarers and decades-long relationships, the fit has…
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The ghost of Posidonia 2008

“Extravagant, excess, excellent.” My likely slurred alliterative answer, post quite a few Alpha beers, on being quizzed to describe this…
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Splash Wrap: The magnetism of Posidonia

Posidonia, the world’s most famous shipping exhibition, opened its doors in Athens with record participation and a near constant on…
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Genco and Diana remain deadlocked after latest bid rejection

The long-running takeover battle between dry bulk rivals Genco Shipping & Trading and Diana Shipping has entered a new phase…
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‘Sooner or later the party will finish’: Owners weigh risks behind today’s strong markets

Leading shipowners and investors gathered at the TradeWinds Shipowners Forum during Posidonia with a clear message: resilience, balance-sheet strength and…
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Marinakis: Shipping would be better off paying a Hormuz fee

One of the shipping industry’s most outspoken figures has suggested owners would have been better off paying a transit fee…
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Shipowners urged to stay nimble as geopolitics reshapes global shipping

Shipping leaders gathering at the TradeWinds Shipowners Forum during Posidonia painted a picture of an industry increasingly shaped by geopolitics,…
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Diana boosts Genco bid in fresh takeover push

Greek dry bulk owner Diana Shipping has increased its takeover offer for US-listed rival Genco Shipping & Trading, intensifying a…
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Safe Bulkers expands investor reach with Athens listing

Greek dry bulk owner Safe Bulkers has cleared the final regulatory hurdles for a dual listing of its shares on…
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Euroseas brings in Norwegian investors for boxship newbuild

Greek containership owner Euroseas has brought in Norwegian investors to co-own one of its newbuildings. The Nasdaq-listed company said it…
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Philippines port capacity set for boost with $300m loan package

The Asian Infrastructure Investment Bank (AIIB) will lend $300m to International Container Terminal Services Inc. (ICTSI) to support the expansion…
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Pelagic and Clear Ocean open door to Golden Energy Offshore deal options

The two largest shareholders in Golden Energy Offshore Services have launched a strategic review that could pave the way for…
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Iran unveils crypto insurance regime for Hormuz

Iran has proposed managing the Strait of Hormuz through an insurance-based framework that would formalise its control over the critical…
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Shipping faces decade-defining split as geopolitics, overcapacity and decarbonisation collide

The global shipping industry is entering one of its most uneven periods in decades, according to the latest Shipping Market…
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DP World moves into shipping war risk insurance

With the Hormuz crisis into its third month, terminal operator DP World has launched a first-of-its-kind cargo war risk insurance…
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Global Maritime Forum refreshes board with ING, Navigator executives

The Global Maritime Forum has reshaped its board, bringing in fresh voices from shipping and finance while long-serving members step…
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TFG Marine, Trafigura’s bunker fuel supply business with John Fredriksen’s Frontline and Alex Saverys-led CMB.TECH has secured a working capital…
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Okeanis Eco Tankers locks in $190m financing for tankers and leaseback exit

Greek tanker owner Okeanis Eco Tankers has lined up $190m in new loan facilities to fund vessel acquisitions and buy…
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