Investors
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Port News
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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Maritime News
ONE and Chinese Shipbuilder Increase Investment in Owner/Lessor Seaspan
Three years after taking Seaspan, the leading owner/lessor of containerships to the leading carriers, private Ocean Network Express is set…
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Port News
Romania’s Mangalia shipyard courts strategic investors
Romania’s Damen Shipyards Mangalia has formally entered the decisive stage of its insolvency restructuring after judicial administrator Casa de Insolvență…
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Port News
Radziwill’s CTM adds firepower with new investors
Bermuda-domiciled dry bulk operator C Transport Maritime has brought Japan’s Tokyo Century Corporation and Norway’s Barque onto its register as…
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Maritime News
Pan Ocean Moves to Expand Tanker Ops as Korea’s SK Exits Wet Tankers
The tanker market continues to consolidate as Pan Ocean reported it has agreed to pay approximately $668 million to acquire…
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Maritime News
bound4blue Lands $44m From Investors Eyeing Wind Power as a Scalable Solution
bound4blue, a leader in wind propulsion systems, has closed a $44 million funding round backed by leading maritime corporates, ship…
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Marine World
Maersk Slides as Investors Brace for ‘Bleak’ Quarters Ahead
(Bloomberg) — A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit…
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Maritime News
Historic UK Red Funnel Ferries Sold to Private Equity Firm
One of the most historic names in ferry operations, the UK’s Red Funnel, which traces its origins to 1820,…
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Maritime News
Oil Prices Ease Lower As Investors Await Federal Reserve Decision on Interest Rates
Oil prices eased on Wednesday after data showing an increase in U.S. diesel stockpiles stoked worries about demand, while investors awaited the U.S. Federal Reserve’s decision…
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Maritime News
Royal Caribbean Reports Strong Results, But Investors See Concerns
As another demonstration of the booming cruise industry, Royal Caribbean Group reported what appeared to be strong results and a…
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