Shipping bonds too ‘dangerous’ for $480m high-yield fund manager
Borea fund holds SFL and Ocean Yield bonds
Greek ferry masters slapped with prison sentences over Piraeus passenger death
Ferry crew pushed man in Piraeus gangway scuffle in 2023
‘Aligning interests’: BW LPG bosses pocket share options worth $7.5m
Top managers including Kristian Sorensen and Samantha Xu receive performance incentives
Analysts maintain ‘buy’ rating for Frontline as tanker major reports weak earnings and outlook
Fearnley Securities keeps ‘bullish view’ on rates
Seacon and SeaKapital to lend $50m to their joint venture Continental Kapital
Both companies will also put up guarantees of up to $230m each to the JV
Shadow fleet still hurting Frontline in Asian trades as profit shrinks
But CEO Lars Barstad more optimistic about ‘constructive outlook’ for compliant fleet as sanctions widen