Finance

Sean Dalton, the International Union of Marine Insurance (IUMI) Cargo Committee Chair, reported that the marine cargo market is still the largest commercial marine line of business in terms of premium income. However, 2017 was the worst year for natural catastrophe losses in the history of the insurance industry.

IUMI’s 2017 statistics indicated global cargo premiums amounting to US$16.1 billion. Worldwide, the cargo line has been unprofitable for several years with rising loss ratios and...

https://safety4sea.com/iumi-outlook-for-marine-cargo-insurance-remain-challenging/

Shipping companies need to tread carefully to avoid falling into any pits opened by the imposition or continuance of trade sanctions globally.

http://www.tradewindsnews.com/finance/1587742/trade-sanctions-open-minefield-of-legal-hassle

Private exchange presents a flexible option when bonds mature in down market, writes Park Partners’ Aran Williams

http://www.tradewindsnews.com/finance/1577227/dht-and-scorpio-find-technique-to-tackle-bond-refinance-conundrum

Norwegian tanker owner completes disposal of Rotterdam storage facility.

http://www.tradewindsnews.com/finance/1587479/odfjell-banks-usd-100m-from-terminal-sale

Investors are more demanding of US offerings but shipowners have been slow to grasp the new reality, finance experts say

http://www.tradewindsnews.com/finance/1583325/navios-ipo-failure-is-a-reflection-of-shippings-wider-flotation-woes