Finance

  • American National Insurance Co. TX Has $948,000...

    American National Insurance Co. TX held its position in shares of Ship Finance International Limited (NYSE:SFL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 69,700 shares of the shipping company’s stock at the end of the second quarter. American National Insurance Co. TX owned about 0.07% of Ship Finance International Limited worth $948,000 as of its most recent filing with the SEC.

  • “Finance friendly” France scores late points in...

    A government push to make France more “finance-friendly” is raising Paris’ chances of attracting Brexit-fleeing banks from London although it is raising its game at a late stage in the process, a group of senior financial industry executives said.

  • J.P. Morgan Global Alternatives Raises Nearly $...

    J.P. Morgan Asset Management today announced the closing of its Global Maritime Investment Fund II with $480 million in capital commitments from a broad range of international institutional investors, including pension plans, insurance companies, and endowment and health care entities.

  • Russia Says Economy Less Dependent on Oil

    The Russian budget has adjusted to oil price swings, according to Finance Minister Anton Siluanov. The non-energy fiscal deficit has dropped, while the ruble has gained over 11% year-on-year, proving the resilience of the economy to low crude prices.

  • Hellas: Bank Shipfinancing Retreats As Owners...

    Bank shipfinance into Greek shipping has contracted by 8.77% during 2016. This is the biggest contraction since 2009. This should be seen in the light of an almost 3% growth by Greek shipping in DWT terms over 2016 (Greek Shipping Co-peration Committee). 

  • Is Ship Finance a Great Stock for Value Investors?

    Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?

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Oman's economy posts positive growth in current year

Performance of the national economy in 2017 has been positive in a number of economic indicators. The Sultanate managed to achieve the targeted public revenues for the first half this year as the gross revenues grew to a little bit more than OMR 4 billion. The state budget seeks to achieve OMR 8.7 billion public revenues this year.
 

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Energising the shipbuilding industry

Shipbuilding has in recent years emerged in Bangladesh as a significant means of export diversification. It has high potential. In a short period, the industry has made a good reputation in the global market. 

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Tanker Owners Continue to Order

There have been 146 tanker orders placed through July, compared to just 56 during the same time period last year. The bulk of these orders have stemmed from the VLCC and MR2 classes as 39 and 47 firm orders have been placed. 

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