Imarex founder and CEO Herman Michelet walks following "different views" on management of Norwegian derivatives player.
Indonesian shipowner says it has increased the size of its recent convertible bond issue by 25%.
Former Quintana and Excel chief rides back into Wall Street at head of $270m bulker and tanker float.
Brazilian magnate Eike Batista joins world’s top 10 rich list, while Fredriksen drops Ofer to ride back into Forbes’ top 100.
Evangelos Marinakis’ new tanker IPO venture Crude Carriers prices at bottom of range, targeting $256.5m to buy three ships.
Write-down on two tankers pushes Evangelos Pistiolis-led shipowner to loss for fourth quarter.
Insurance cover of Torm, Clipper, DFDS and other top owners in contention as Codan buys renewal rights to TrygVesta hull underwriting portfolio.
Tanker and ferry player Rederi AB Gotland sees 2009 earnings eroded by higher operating costs.
Swire Pacific Offshore says rates will continue under pressure this year due to spate of newbuilding deliveries.
End of legal spat with Russians and large cost cuts save Andi Case-led broker as sales slump in poor markets.
Brazilian boxship player Log-In Logistica sees profits slump as domestic trade issues batter the bottom line.
Danish giant sinks into the red and warns of possible large loss in 2010 as dividends axed.
Baltic Trading shares dip on debut but analysts are bullish after New York’s first post-crash IPO.
Michael Bodouroglou-led Paragon to ditch the Nasdaq for a new listing on the New York Stock Exchange.
Ratings agency Moody’s changes Sovcomflot’s outlook to negative after trying times in tanker markets.
Analyst hikes dividend forecast for Frontline due to its high exposure to stronger spot market.
Genco spin-off Baltic Trading hits the mark pocketing $300m from its initial public offering.
Hurtigruten chairman Trygve Hegnar finds $20m to boost his holding in the shipowner to over 25%.
Morten Arntzen-led tanker giant slashes payouts to board members but says the compensation is still competitive.
Ivan Glasenberg-led commodities giant sees full year profits decline 43% on weak prices.
Polys Hajioannou's Safe Bulkers pens a new contract for one of its ships axed by Daiichi last year.
Shashi and Ravi Ruia to keep control of Essar Shipping even if part of shareholding stake is sold.
China’s second largest oil port sees full-year profits come in over one quarter lower than a year ago.
Helix Energy Solutions is offloading its oil and gas subsidiary to bankroll expansion in the subsea sector.
Overseas Shipholding Group, led by Morten Arntzen, drags in nearly $160m from a share issue.
Golar LNG confirms hand-out of 9.7m shares in Golar LNG Energy as dividend – equivalent to 4% of company.
Rumour sweeps New York that AP Moller-Maersk is readying a takeover bid for George Economou’s DryShips.
Carsten Mortensen-led Dane mulls MR tanker buys as profit slides almost $500m on sales slump.
Danish ro-ro player sees 2009 profit cut back, but says markets are improving so far this year.
Indian shipowner tight lipped on reports that a large stake may be divested to augment London listing.
Analysts back Dof’s plans to list NorSkan in Brazil as Norwegian owner’s shares inch up in Oslo.
Shareholders in CP Ships finally get compensation for misrepresentation of financial results six years ago.
Greek shipowner OceanFreight must push up its share price or wave goodbye to its Nasdaq listing.