Tomer Raanan
Tomer Raanan is Lloyd’s List’s senior maritime reporter in the US. He is based in New York, where he enjoyed a decade-long career in private security before joining Lloyd’s List in 2022. Tomer Raanan has a background as a writer, researcher and analyst who has written for the South China Morning Post and Nikkei, publishers of the Financial Times, and has written, edited and translated for the Asia Policy Program in the Abba Eban Institute. He is experienced in trade & investment data analysis, in addition to FDI, security and technology issues. A graduate of SUNY Empire State College with a degree in Public Affairs, majoring in political science and economics, Tomer is also a military veteran and a devout Liverpool fan.
Latest From Tomer Raanan
MSC wins in congestion charge dispute
With one commissioner partially dissenting, the Federal Maritime Commission determined MSC should not be found in violation of the Shipping Act in a charge complaint by SOFi Paper Products over a $1,000 congestion surcharge
D’Amico eyes improved US investor exposure with OCTQX application
Trading in Milan and in the US OTC Pink Market, d’Amico is seeking to upgrade to OTC Markets’ top tier OCTQX, which requires higher financial and governance standards, and offers greater transparency to investors
International Seaways secures $160m sustainability-linked loan
US-listed crude and product tanker owner International Seaways has entered a $160m revolving credit agreement with a sustainability-linked pricing adjustment. The adjustment is linked to three factors related to fleet sustainability, amount of sustainability-linked investment and the frequency of lost time injuries, consistent with a facility Seaways entered in May last year
Scorpio continues to cut finance costs with purchase of 21 leased vessels
Scorpio Tankers continues to reduce financing costs. It is exercising purchase options on 21 product tankers, bringing the tally since last August to 72 vessels. The company has also repaid debt relating to six vessels under three different facilities for about $100m
Shoreline offers to insure against costs of US pollution investigations
Niche insurer Shoreline’s new policy covers initial legal and inspection costs incurred in a US vessel pollution case, and operational expenses from the ongoing care of innocent seafarers held as witnesses by US authorities. Insureds are also offered ‘uninterrupted’ access to Marpol specialist law firm Chalos & Co
Rise of the share buyback
While shipping companies traditionally reinvested profits in expanding and modernising their fleets, listed owners have increasingly been allocating their capital towards debt repayment and share repurchases in recent years amid strong cashflows, regulatory uncertainty and a lack of yard slots