Tag: shipping finance

Cargotec has signed an agreement to sell its MacGregor business area to funds managed by Triton, for an enterprise value of EUR 480 million to support Hiab’s future growth. 

Intership Navigation and Interorient Shipmanagement are delighted to announce the merger of their ship management activities which will include Intership’s sister company Donnelly Tanker Management.

Altera Infrastructure Holdings L.L.C. (Altera), a subsidiary of Altera Infrastructure L.P., has signed an agreement to sell its entire stake in Altera Shuttle Tankers L.L.C. (AST) to Maistros Shiptrade Limited, an affiliate of the Angelicoussis Group.

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 28 October - 1 November, to provide information of the bulk market performance.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at trading patterns of jet fuel shipments.

VesselsValue issued its Q4 2024 Market Outlook Summary, featuring a forecast period up to 2027 across the different vessels types. The company notes that despite the expected rise in Bulker and Tanker orders, the overall orderbook will likely shrink due to a surge in deliveries for Container and Gas vessels.

Chief Shipping Analyst, Niels Rasmussen, examines the oil exports of Guyana which has seen an average annual growth rate of 76% over the past three years and is expected to remain one of the main areas of oil supply growth outside OPEC+.

BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the steep drop recorded in Q3 in the Shanghai Containerized Freight Index. The index gives a strong indication of the market’s supply/demand balance in a new analyisis by BIMCO. 

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 26-30 August 2024, to provide information of the bulk market performance.

The Q3 2024 Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the tanker shipping market regarding supply and demand.