Colonial Pipeline shutdown could become a big event, or just as easily a non-event in view of Evercore ISI
Finance
Earnings propel broad swathe of US shipping stocks
Colonial Pipeline outage could bear watching for equities of clean products tanker owners, Jefferies projects
Germany’s ‘bad bank’ sheds 10 ships and $477m of loans
Portfoliomanagement, the toxic loan spin-off of the former HSH Nordbank, is accelerating its winding-down process
CIT Group seals refinancing for Monaco containership owner
Madison Marine Corp is carrying out debt refinancing on five 4,000-teu boxships through New York financier
Noble Corp linked to bid to buy large part of Seadrill fleet
Restructured group looking to acquire drillships and rigs from Fredriksen-backed owner in Chapter 11
MM Warburg cuts loss provisions by 70% through ship sales
German financier takes advantage of rising markets to grow business
Alfa Laval buys weather forecaster StormGeo for $443m
Swedish industrial and scrubbers group acquires global weather data shipping software supplier to enhance decarbonisation and digital toolbox
NYK Line posts $1.2bn profit – despite dry bulk’s $500m extraordinary loss
Japanese giant reaps rewards of strong liner market as restructuring of dry arm continues
Digital infrastructure and financial innovation needed for green recovery
Digital infrastructure and financial innovation needed for green recovery
Monday 10 May 2021 – Vol.12 Ed.19.1
Commentary: Public-private collaboration key to connecting the unconnected
By Calum Handforth and Seth Tan
Digital infrastructure is the key utility of the 21st century. It is also a crucial tool in shaping a green recovery from Covid-19 and driving the development of countries around the world. However, 3.7bn people are still not connected to the internet. Public-private partnerships, and...
ECB’s Lane downplays prospect of durable inflation, Asia Pacific working to narrow ESG gaps, and more
ECB’s Lane downplays prospect of durable inflation, Asia Pacific working to narrow ESG gaps, and more
THE WEEKEND REVIEW-OMFIFLatest opinion and analysis from OMFIF around the world
3-7 May 2021, Vol.12 Ed.18
Most-Read Commentary
ECB’s Lane downplays prospect of durable inflation: Prolonged weakness in the labour market will offset inflationary pressures in the euro area, Philip Lane, the European Central Bank’s chief economist, told an OMFIF briefing last week. As a result, the ECB is ready to...