Oil Prices Slide on Oversupply Concerns
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China’s NEV market begins to slow
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EPS merger with CoolCo overcomes ‘final hurdle’ as Fearnley stops coverage
Analysts are expecting the takeover to go through, with the share price likely to be pegged to the offer price
Yangzijiang Shipbuilding cancels tanker newbuildings after buyer linked to US sanctions
Chinese shipbuilder calls off orders after earlier due diligence revealed no apparent risks
Trafigura lines up US oil and LNG exports with $400m of financing
Commodities group wants to boost business to Asia with insurance-backed deal
Indonesian owner PT Humpuss named as upcoming buyer of LNG carrier steamship duo
Sales process underway but prices estimated at close to scrap levels
Sinokor clears out boxship bought during post-Covid boom in rare recycling deal
Feeder container ship and two bulk carriers were the only ships acquired by South Asian recyclers in past week