
Articles
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3 days ago |
tradewindsnews.com | Joe Brady
Another broad sell-off in US stock markets fuelled by rhetoric from President Donald Trump has delivered further losses to already sagging shipping shares. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite Index all plunged between 2.3% to 2.6% as investors returned from the long Easter holiday weekend, while the dollar fell to a three-year low.
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1 week ago |
tradewindsnews.com | Andy Pierce |Paul Peachey |Joe Brady
TradeWinds is part of DN Media Group AS. From November 1st DN Media Group is responsible for controlling your data on TradeWinds. We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy. DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors.
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1 week ago |
tradewindsnews.com | Joe Brady
Hours away from the mooted deadline for the US trade representative Jamieson Greer to possibly impose costly port fees on ships linked to China, there are two New York-listed shipowners that may have more to lose – or gain – than others.
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1 week ago |
tradewindsnews.com | Joe Brady
Four-ship owner Toro Corp has completed the spin-off of one-ship tanker business Robin Energy on New York’s Nasdaq. Monday’s completion of the launch was announced Tuesday as Toro reported fourth-quarter earnings. Both companies are led by Cyprus-based shipowner Petros Panagiotidis. The spin Limassol-headquartered had four LPG carriers and an MR1 prior to spinning the product tanker into Robin. Investors will receive one Robin share for every eight Toro ones.
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1 week ago |
tradewindsnews.com | Joe Brady
TradeWinds is part of DN Media Group AS. From November 1st DN Media Group is responsible for controlling your data on TradeWinds. We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy. DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors.
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