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Genco tip bears fruit
Dahlman prophecy on point as US-listed bulker owner turns to capital markets for cash to cut loan repayments.
Wednesday, February 22, 2012Allied fuel dispute ignites
Globus Maritime forced to pay Dimitris Marinis-controlled charterer’s overdue bunker bills following supramax seizure.
Wednesday, February 22, 2012Sterne guru survives the cut
New York shipping sage shifts gears as another US investment bank torpedoes coverage of stocks tied to troubled sectors.
Wednesday, February 22, 2012Creditors blast GMR bailout
Peter Georgiopoulos-led tanker owner under fire as lawyers attempt to sink Oaktree-backed reorganisation proposal.
Wednesday, February 22, 2012ADM inks alliance
US agricultural titan teams up with Wilmar International in a bid to enhance purchasing power and improve fleet management.
Wednesday, February 22, 2012NOL to swing the axe
Massive cost cuts on the way following Singapore-listed containership owner’s deepest ever quarterly reversal.
Wednesday, February 22, 2012Genco tipped for funding run
New York-listed bulker owner could look for $50m equity issue to help with loan repayments, analyst says.
Wednesday, February 22, 2012Sevan Marine chops deficit
Oslo-listed FPSO company posts better numbers in the final period as it nears the end of financial overhall.
Wednesday, February 22, 2012Fain sells RCCL stock
CEO offloads $2m worth of shares in cruiseship owner to help pay a tax bill.
Wednesday, February 22, 2012Ezion bags another
Singapore-listed owner secures a service rig deal worth over $100m as it announces a successful year.
Wednesday, February 22, 2012