Finance & Insurance

Hong Kong should take steps to develop its maritime industry, especially in terms of maritime financing and leasing, with the Financial Services Development Council (FSDC) releasing a research report setting…
As the Maersk Honam finally berths nearly two months after a serious fire on board the vessel Meditterranean Shipping Co (MSC) is charging its customers extra if they want their…
Scorpio Tankers is strengthening its balance with a sale and leaseback deal for five vessels with China’s AVIC International Leasing.
The US has indicated that new business activity with Iran after 8 May within the wind-down period could be result penalties under secondary sanctions, and a number of major shipping…
Singapore rigbuilder Keppel FELs has inked an agreement with aggressively expanding Borr Drilling to sell five jack-up rig newbuild resales for $745m.
Bermuda has launched a request for qualification (RFQ) for companies to build a $75m international cargo port on the island.
Pacific Basin Shipping has bought four vessels for a total of $88.5m in another share and cash deal.
Continuing its consolidation of the sector Star Bulk Carriers is buying Songa Bulk in a cash and share deal worth $327.95m.
Newport Shipping has come up with an innovative new concept in managing ship repair projects, providing a business-friendly solution for shipowners, while also aiming to get an edge in the…
The Capesize rate has breached over the $20,000 level on Wednesday, supported by the bullish steel demand in China. Initially, the rally in Capesize rates started early in the week,…
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