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Kimberly Guilfoyle brought a touch of glitz to Greek shipping. But her taste for perks and all the good things of the high life have led to her departure as US Ambassador to Greece over graft allegations. Harry Papachristou examines the brief, gaudy reign of Trump's representative in Athens. https://lnkd.in/eFQHKEJc #KimberlyGuilfoyle #Greekshipping #DonaldTrump

Shipowners with newbuildings should consider taking advantage of conditions in the Nordic high-yield bond market while they last, DNB Carnegie says. Spreads across Nordic high-yield bonds remain at historically tight levels, and that includes shipping. Against that backdrop, @Martin Borter, head of credit research at DNB Carnegie, urges owners with future deliveries to assess whether this is an attractive time to secure funding. https://lnkd.in/e7t2uVrG

China’s Hengli Heavy Industry has added 23 newbuildings to its already hefty orderbook. Several of the vessels are understood to have been ordered by Greek owners, including George Procopiou’s Dynacom Tankers Management. https://lnkd.in/egDmVygy

Major Greek owner Evangelos Marinakis has formally confirmed he will list new container ship company Capital Maritime & Trading Corp. on Euronext Athens later this month, with an offer to raise up to €300m. A prospectus filed with the Greek stock exchange late on Thursday reveals Marinakis has won some of Greece’s most prominent businessmen to serve as anchor investors in the firm of 36 boxships on the water or under construction. https://lnkd.in/eue4xRuj

The Middle East Gulf tanker “shuttle service” could be here to stay. In news that will make shipowners prick up their ears, reports suggest that giant Saudi Arabian producer aramco is seeking to “formalise” the arrangement through long-term contracts with cargo buyers. https://lnkd.in/e_eqHc7A

Saudi Arabia-backed Yemeni forces are claiming to have taken major steps toward securing the Bab el-Mandeb and the key port city of Mokha. While unconfirmed, this could be a significant blow to the Houthis' ambitions of controlling the vital shipping chokepoint. https://lnkd.in/eWgNhQvU