Consortium wins award from government to help develop Flexbulk design
Finance
ECB shifts policy as major central banks take on inflation
ECB shifts policy as major central banks take on inflation
Friday 17 December 2021 – Vol.12 Ed.50.5
Commentary: Inflation reaction: US, UK from Mars, Europe from Venus
By David Marsh in Berlin
The ECB is banking on ‘flexibility’ in continued monetary easing, confirming divergent approaches on inflationary threats compared with the US Federal Reserve and Bank of England. Amid a flurry of central banking policy announcements, the ECB said it will scale back pandemic-related emergency asset purchases...
Pangaea Logistics remains ‘well equipped’ after founder’s death
Investment bank retains positive view on Rhode Island owner’s shares under surviving management team
Angeliki Frangou sees healthy bulker market allowing Navios Holdings to pay remaining bonds
Chief executive says ‘healthy’ bulker market will allow New York-listed shipowner to pay off final notes
Lanefinder pivots to tackle trucking insurance
Recruiting software company YouCruit received an $11.5 million investment in September specifically to enhance the capabilities of its trucking industry job marketplace application called Lanefinder. Now it’s turning its focus to trucking insurance.
YouCruit co-founder and CEO Mats Holmback told FreightWaves that a number of trucking companies and drivers were using its original job marketplace in unusual ways in order to recruit drivers, so his team found it necessary to build a completely...
https://www.freightwaves.com/news/lanefinder-pivots-to-tackle-trucking-insurance
Seaspan closes ‘innovative’ $838m ECA-backed lease financing, with more to come
Container ship owner reveals details of deal that left only 10 of 70 newbuildings unfunded
Disgruntled investor Ned Sherwood steps up his call for Navios Partners changes
Finance veteran says he got an audience with founder Angeliki Frangou but it was her ‘soliloquy,” not a discussion
Gunvor seals $1.1bn finance deal for LNG shipping and trading
Swiss group says syndicated package was over-subscribed and upsized from $800m
KKR to delist Ocean Yield in Oslo on 20 December
Sale-and-leaseback specialist sets date to go private after US private equity giant’s takeover
https://www.tradewindsnews.com/finance/kkr-to-delist-ocean-yield-in-oslo-on-20-december/2-1-1128518