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.
The Singapore Exchange (SGX) has moved a step closer to acquiring the Baltic Exchange as the two parties enter into exclusive discussions.
The Baltic Exchange has confirmed it has received a number of “exploratory approaches” about a possible buyout, but says no firm offer has been made at this stage.
The Singapore Exchange (SGX) has confirmed it has made a bid to acquire the Baltic Exchange.