China has been recognised as the top international shipping nation according to a new DNV GL and Menon Economics report titled: “The Leading Maritime Nations of the World”.
Struggling Singapore-listed commodities and shipping conglomerate Noble Group faces a key shareholder vote on its controversial $3.5bn restructuring plan, which could determine its survival.
Hong Kong-focused sale and leaseback deals continue to move with Watson Farley & Williams (WFW) advising on CMB Financial Leasing’s (CMBFL) $180.4m transaction with Nasdaq-listed Star Bulk Carriers for its acquisition of 15 bulkers from Songa Bulk.
The downturn in the offshore services market has driven a combination of two US domiciled players, with Tidewater acquiring GulfMark Offshore in a shares for shares (all-stock) deal, as has been recently reported here.
All of a sudden, there are deals in the air. The mood at the at last week's Marine Money 2018 conference, held over a span of three days, in New York was ebullient.
AP Moller-Maersk has appointed a new cfo Carolina Dybeck Happe who joins the Danish shipping giant from door opening solutions company Assa Abloy.
Norway’s Eksportkreditt institute is offering a new financing set-up for Norwegian limited companies. Until now, such schemes have only been available for export transactions, rather than domestic operators.