Tag: shipping finance

In its Q2 2023 Shipping Market Overview & Outlook, BIMCO sees a stronger dry bulk market outlook but believes that the recovery is fragile.

The Q2 2023 Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the container shipping market regarding supply and demand.

The Q2 2023 Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the tanker shipping market regarding supply and demand.

Diana Shipping, a shipping company specializing in dry bulk vessels, has announced that it has signed a sustainability linked loan of $91 million with ABN AMRO Bank.

Daewoo Shipbuilding & Marine Engineering (DSME), South Korea's second-largest shipbuilder, is rebranded as Hanwha Ocean, dropping the nearly 50-year-old Daewoo name following Hanwha Group's takeover.

Competition authorities have now approved the merger of OSM Maritime Group and Thome Group. The merged company, OSM Thome, will be represented in 22 countries and headquartered in Arendal, Norway.

During the 2023 GREEN4SEA Athens Forum, Dr-Ing Orestis Schinas, Scientific Advisor, HHX.blue, briefly outlined the provisos and impacts on shipping of sustainable finance, Poseidon Principles and EU Taxonomy, which are currently major developments in Europe’s financial markets.

Xeneta crowdsources real-time rates data from leading global shippers, allowing it to assess the very latest market moves, with the cost of shipping containers out of Europe has plummeted from the peak prices of 2021 and 2022.

In latest BIMCO’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, looks at Brazil’s maize exports which could rise 8% in 2023, putting the nation on track to become the world’s largest maize exporter this year and benefitting supramax and panamax ships.

Danish Ship Finance issued its latest Shipping Market Review report which focuses, among other things, on the LNG market and its outlook for 2023.