Zim shares soar after $100m special dividend and hike in full-year ...
Nov 20, 2024 · The Haifa-based operator also hiked full-year Ebitda guidance to between $3.3bn and $3.6bn, from a previous estimate of $2.6bn to $3bn. Zim’s strong quarter allowed it to pile $100m in special ...
‘Eye-watering’ rates fuel unprecedented boom in small chemical …
Nov 20, 2024 · Orders for small chemical tankers have surged as rates spike, according to UK shipbroker SSY. This long-neglected 1,000-dwt to 6,000-dwt sector has been one of the fastest ageing in the tanker fleet.
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Analysts sound caution on valuations as Wallenius Wilhelmsen …
Nov 11, 2024 · Analysts are wary of overvaluing car carrier stocks as major owner Wallenius Wilhelmsen added another vehicle transport contract to its book. The Oslo-listed company said the multi-year deal with ...
Eidesvik Offshore’s term cover lifts profit to eight-year high …
Nov 20, 2024 · Oslo-listed Eidesvik Offshore has produced its best financial figures for nearly eight years thanks to its long-term contract coverage. The Norwegian platform supply vessel owner said net profit ...
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DHT expects ‘constructive’ Trump effect after reporting third …
Nov 12, 2024 · Its time charter equivalent earnings amounted to $42,400 per day per vessel, with its spot market ships earning an average $43,700 per day. For the fourth quarter so far, the rates for spot market ...
Gersemi fund sticking with tankers and bulkers after ‘month to …
Nov 14, 2024 · Norway’s Gersemi Asset Management sees positive signs in tanker and bulker markets after its shipping fund took a hit during a tough October for owners’ share prices.
John Fredriksen-backed Edda Wind banking newbuilding contract …
Nov 19, 2024 · Edda Wind, an offshore shipping venture backed by John Fredriksen and the Wilhelmsen family, is closing in on a contract for one of its newbuildings, with financing for the unit in the bag.
MISC sounds alarm on LNG shipping asset values as weak market …
Nov 14, 2024 · MISC sounds alarm on LNG shipping asset values as weak market bites Malaysian state giant is, however, bullish on product tanker, offshore and shipyard business