GOLDMAN SACHS

Goldman Sachs Predicts Further Fall in Oil Market

  • Improving global oil demand and faster-than-expected production curtailments from outside the OPEC+ pact are set to push the oil market into deficit next month, according to Goldman Sachs.
  • Yet, there is little room for an oil price rally in the near term because of the still sizeable oversupply of crude oil and refined products, Goldman Sachs said in a note, carried by Reuters.
  • On the other hand, demand is improving from April lows and is limiting the downside for oil prices, the investment...

https://mfame.guru/goldman-sachs-predicts-further-fall-in-oil-market/

Norwegian Cruise Line secures over $2 billion in added liquidity

Easing many of the concerns raised in an SEC filing that we reported on earlier, Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today reports that it has successfully secured over $2 billion of additional liquidity.

Yesterday, Norwegian launched a series of capital markets transactions, led by Goldman Sachs, to raise approximately $2 billion. The total has since been upsized to gross proceeds of $2.225 billion ($2.4 billion if the underwriters exercise their full overallotment options) due to...

https://www.marinelog.com/shipping/cruising/norwegian-cruise-line-secures-over-2-billion-in-added-liquidity/

Goldman Sachs Advises Against Sulphur 2020 Fuel Hedging by Scrubber Owners

Late last month, the investment bank Goldman Sachs had advised shipowners who have installed scrubbers in their vessels to avoid hedging their fuel requirements in 2020 so as to maximize savings, writes Lee Hong Liang, the Asia Correspondent of Seatrade Maritime News.

Why this advice?

The advice comes as the IMO is set to enforce the use of 0.5% sulphur content fuel from 2020, prompting some owners to install scrubbers in order to continue using the cheaper 3.5% sulphur fuel, as opposed to the...

http://mfame.guru/goldman-sachs-advises-against-sulphur-2020-fuel-hedging-by-scrubber-owners/

$8 Billion payout from Maersk raises questions

Shareholders in the world’s biggest container-shipping company may get up to $8 billion in payouts next year, according to Goldman Sachs.

That’s great news for equity investors in A.P. Moller-Maersk A/S, but it raises a number of questions for the Danish company’s creditors.

According to Danske Bank, big shareholder rewards will push Maersk’s credit rating closer to junk. And going forward, the company will have a hard time making enough money to protect its BBB rating because trade conflicts...

http://container-news.com/8billion-payout-maersk-raises-questions/

Μεταξύ Fortress-Goldman Sachs και Grimaldi Group παίζεται το μέλλον της Attica group

Στο «τρίγωνο» μεταξύ Fortress–Goldman Sachs και Grimaldi Group γράφεται τα τελευταία 24ωρα η «επόμενη μέρα» για την Attica Group.

To πολυθρύλητο deal της εξαγοράς της πλειοψηφίας της ακτοπλοϊκής βρίσκεται στο πιο κρίσιμο σημείο, καθώς σύμφωνα με πηγές που είναι κοντά στις διαπραγματεύσεις, πρέπει να υπάρξει πρώτα συμφωνία μεταξύ Fortress και Goldman Sachs και έπειτα να προχωρήσουν οι συζητήσεις για την εξαγορά της Attica group με την Tράπεζα Πειραιώς και την MIG.

Tο ένα νέο στοιχείο στο παζλ των...

https://nautilia.gr/eidiseis/aktoploia/fortress-goldman-sachs-grimaldi-group-paizetai-mellon-attica-group/

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