South Korea’s government has on Thursday unveiled a KRW2.9trn rescue package for cash-strapped Daewoo Shipbuilding & Marine Engineering (DSME).
Capital Link’s 2017 Shipping Conference, now in its 11th year, drew a standing-room only crowd, with financial industry participants greatly outnumbering shipping people.
Signalling its shift in focus to maritime, Silk Holdings said it plans to use over half of the proceeds from the divestment of its highway concession holding unit Sistem Lingkaran-Lebuhraya…
China’s Tianjin Port Development Holdings has improved its annual net profit on the back of increased container and cargo volumes handled at Tianjin port.
Paris-based testing, inspection and certification body Bureau Veritas has acquired Aberdeen-based Maritime Assurance & Consulting (MAC), in order to boost its local presence and scope of service provision in the…
New carrier Djibouti Shipping Lines (DSL) plans to launch a container shuttle service in April connecting Djibouti to Berbera (Somaliland), according to Alphaliner.