Hurricane season has been slow so far this year, but low inventories mean a storm could have a big impact on earnings
Finance
EPS’ Ducau bags top lot in Geneva Mercy Ships charity auction
Cargo Day Ball returns after three-year hiatus because of coronavirus pandemic
Poseidon players seek course — or separate courses — to more ambitious carbon target
Ship-finance initiative aims to approve trajectory by 2023, but differences of marine insurance could lead to separate path to new 1.5C
Parent Tankerska Plovidba buying up stock in MR tanker owner TNG
Croatian tanker and bulker owner has spent $9m on daughter company’s shares
Nikola CFO: Milton statements ‘could be inaccurate or exaggerated’
Nikola Corp. founder Trevor Milton linked his social media posts to the newly public electric truck maker’s rising stock price, CFO Kim Brady testified Friday, supporting the government’s fraud case against Milton.
Milton faces a maximum of 25 years in prison if convicted of the most serious of four federal fraud charges. The government claims Milton defrauded investors by lying about the company’s technology accomplishments and the promise of future products to inflate the stock price.
Brady join...
UK government clears Inmarsat acquisition by Viasat
US buyer says approval is another important step forward on the road to closing the deal
Streetwise: Amid a gale of green investing, why is wind player Eneti struggling to lift off?
Finance newsletter explores stock price that one analyst scoffs at as an ‘absurd’ oversight, while others say better things coming in good time
‘The urgency is clear’: Poseidon Principles ups carbon-cutting ambition for ship finance and insurance
Initiatives involving 30 shipping banks and 17 insurance providers say they will track clients’ trajectory to contribute to keeping global warming below 1.5C
Debt cut: Scorpio Tankers continues purchase spree with LR2 deal
US-listed owner also reveals share buyback in strong product tanker markets
Addition of German export credit giant KfW IPEX brings Poseidon Principles to 30 financiers
Nearly two-thirds of global shipping finance are now signed up for framework to bring decarbonisation into lending