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LOS ANGELES, United States (March 2021): The global Stainless Steel Chemical Tanker Market analysis further provides a pioneering landscape of the mar ....
Market Update Welcome to Conyers’ 2021 Norway Practice Bulletin. Our annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice. The 12 months since our last issue have been very different, to say the least, and something of a roller-coaster with second and third waves of Covid-19. In general, 2020 was an especially difficult year for raising capital in the shipping sector. Across the segments total raised capital dropped 52% on 2019, according to Norwegian investment bank Fearnley Securities. Nonetheless, Oslo-listed Bermuda companies in the shipping and offshore energy sectors completed some offerings, including: Stolt-Nielsen’s US$180.5 million bond offering in June 2020 ....
TORM plc Reports First Quarter Loss Before Tax of $21.1 Million, But Cites Product Tanker Market Improvement “In the first quarter of 2021, TORM achieved an EBITDA of USD 19m, in a market which continues to be impacted by the pandemic. Further I am pleased that we have just purchased three LR2 vessels on top of the eight MR vessels acquired earlier this year” says Executive Director Jacob Meldgaard. • In the first quarter of 2021, TORM achieved TCE rates of USD/day 13,493 (2020, same period: USD/day 23,642) and an EBITDA of USD 18.9m (2020, same period: USD 101.5m). The loss before tax amounted to USD -21.1m (2020, same period a profit of USD 56.8m), and earnings per share (EPS) was negative by USD -0.29 or DKK -1.8 (2020, same period: USD 0.76 or DKK 5.1). The result includes an unrealized loss from freight derivatives of USD 7m. Cash flow from operating activities was positive at USD 9.8m in the first quarter of 2021 (2020, same period: USD 49.8m), and Return on In ....
Liquid Chemical Tanker Shipping Market May See Big Move | Stolt-Nielsen, Ultratank, WOMAR texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Scope of the report: The report provides a comprehensive analysis of the global Chemical Tanker Cargo Ships Market with potential impact of Covid-19. The major regional markets such as Asia Pacific and North America have been analyzed, along with country analysis of China and the US. The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth. The competitive landscape of the market, along with the company profiles of leading players. Objective of Chemical Tanker Cargo Ships Market : Primary objective of this report is to ensure its use to its users to understand complete scenario of Chemical Tanker Cargo Ships Market. It gives overall idea about the market in terms of segmentation, market potential, influential trends and the challenges that the market is facing. ....