George Economou’s new deal with Signal Maritime heralds the end for the venerable pools operator founded by Per Heidenreich.
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The swap anticipates what the Danish owner expects to be a strong product tanker market in 2020.
Veteran Danish shipbroker Jorn Steen Nielsen succumbed to cancer on New Year’s Day
Iran is unlikely to close the Strait of Hormuz — but they could look to kidnap Americans or target other US assets
Freight and stock market sentiment remains bullish amid heightened tension
Iran most likely will not close the Strait of Hormuz, a note from Fearnleys said
Diana has spent almost $60m on its own securities over the past year but has confirmed it does not want to go private
Benchmark index falls a further 7%, with only a couple of rare fixtures in the period market this week
Foreign minister confirmed reports that none of the seafarers taken into Iranian custody are Malaysian
The new shop will be fronted by senior container and tanker brokers.