Star Bulk Carriers confirms settlement of $69m convertible bonds with stock
Greek bulker owner issues 6m new common shares to holders of former Eagle Bulk notes
Rising China box freight rates lift Matson profits
Hawaii container volumes hampered by tourism dip caused by wildfires
Harland & Wolff Secure Lifeline from U.S. Lender as Reorganization Begins
The famed shipbuilding group Harland & Wolff announced it has entered into an arrangement with its existing lending to provide…
Crowley and SEACOR Launch Newest Jones Act Tanker Company Fairwater
Approximately 10 months after announcing plans to combine their tanker operations into a new Jones Act company, Crowley and SEACOR…
Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty
After starting 2024 on a cautionary note, A.P. Moller – Maersk raised its 2024 forecast for the third time this…
Echandia Joins the Growing Green-Propulsion Industry in Washington State
In a sign of the favorable investment climate in the U.S. shipbuilding supply chain, Swedish battery maker Echandia has decided…
Jones Act Investments Strong as JP Morgan Group is Latest in the Sector
Investor interest in the protected U.S. Jones Act shipping market is growing as demonstrated by the news that a group…
UK Royal Fleet Auxiliary Officers Set First Ever Strike Over Pay Dispute
For the first time in the history of the Royal Navy Auxiliary, the officers of the critical support service to…
Euro zone factory activity stuck in a rut, July PMI shows
Euro zone manufacturing activity remained mired in contraction in July amid a broadbased malaise, with output declining at its fastest…
Fed’s Powell rejects idea politics has any bearing on policy choices
U.S. Federal Reserve Chair Jerome Powell said political considerations play no part in either near-term monetary policy deliberations or the…