Tag: shipping finance

ADNOC L&S announced the completion of its acquisition of an 80% stake in Navig8 acquiring the remaining 20% in mid-2027. 

Rates for shipping containers from Asia to the US surged as the deadline to avoid a strike at US Gulf and East Coast ports nears.

The Baltic Exchange has issued its report for the last week, 9-13 December, to provide information of the bulk market performance.

Climate transparency in financial institutions drives shipping's global finance portfolio closer to aligning with the IMO's net-zero goals.

Rates for shipping containers from East Asia and China to the US were flat to softer during the first week of December 2024. Meanwhile, global average rates saw a 6% increase, according to Independent Commodity Intelligence Services (ICIS). 

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 2 - 6 December to provide information of the bulk market performance.

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.