Dry bulk shipowner Courage Marine has proposed to convert its listing status on the main board of Singapore Exchange (SGX) from a primary listing to a secondary listing, while maintaining its primary listing status on the Hong Kong Stock Exchange (HKSE).
Singapore offshore player Vallianz claims business is continuing as usual after its largest shareholder Swiber Holdings filed for liquidation overnight.
Singapore-listed offshore firms moved to distance themselves from the collapse of Swiber on Thursday saying they were in different sectors.
Shares in Singapore offshore vessel owner Vallianz were hammered by investors on Thursday morning in the wake of the collapse of Swiber.
Baltic Exchange has sent a new agreement to all its panelists that should pave the wave for a finalisation of an offer by the Singapore Exchange (SGX) to make a offer to buy the London-based shipping institution.
A survey by the Singapore Exchange (SGX) indicates that market participants have become more cautious about when a sustainable balance will be achieved in the dry bulk shipping market.
Exclusive discussions over the sale of Baltic Exchange to the Singapore Exchange (SGX) have been extended by up to another two months.
CMA CGM has passed the 90% ownership threshold of Neptune Orient Lines (NOL) and now plans to delist the company from the Singapore Exchange (SGX).
The Baltic Exchange has responded to a new broker association that is concerned over data that they supply for its indices should a sale to the Singapore Exchange (SGX) go ahead.
A tumultuous week for the dry bulk freight market, though one in which the main action was off-market.