Press Releases

CSL increases China tally

Jun 21, 2012 08:01 SGT NHST Media Group Asia Canada Steamship Lines has added two more handysize bulkers to the four already on order at Chinese yards.

Eagle Bulk strikes debt deal

Jun 21, 2012 04:47 SGT NHST Media Group Asia Lenders take a bite out of Sophocles Zoullas-led bulker owner in exchange for debt overhaul and covenant cure.

Universal clears another hurdle

Jun 20, 2012 02:35 SGT NHST Media Group Asia Norwegian securities regulators sign off on IPO hopeful’s listing prospectus on the eve

Matson lands endorsement

Jun 20, 2012 01:27 SGT NHST Media Group Asia Alexander & Baldwin's New York-quoted containership spinoff met by lukewarm reception at Wells Fargo Securities.

Navios pounces on cape

Jun 19, 2012 04:53 SGT NHST Media Group Asia Jewel of Angeliki Frangou-led shipping clan sheds modern bulker in $67m transaction with New York-listed daughter.

Chevron seals Samsung splash

Jun 19, 2012 01:03 SGT NHST Media Group Asia US energy giant puts pen to paper on $200m pact to forge specialised suezmax tankers in South Korea, sources say.

Hasbun in it to win it

Jun 15, 2012 03:09 SGT NHST Media Group Asia Expansion on the horizon for CSAV as fuel efficient containership fleet is the key to competing with rivals, CEO says.

IPO spin clock steals the spotlight

Jun 14, 2012 23:59 SGT NHST Media Group Asia Industry split on whether Oslo investors will welcome Geden spinoff with open arms given turmoil in the tanker market.

DVB backs CSAV newbuildings

Jun 14, 2012 06:21 SGT NHST Media Group Asia Chilean carrier secures $90m boost from German bank as it closes in on final phase of latest expansion drive.

Car trouble for Yuri Nikitin

Jun 13, 2012 21:52 SGT NHST Media Group Asia Novoship trial hears how Russian shipowner’s dodgy commission deals were referred to in coded emails as "extras" for car stereos and leather seats.