Industry Sectors:Finance & Insurance

Finance & Insurance

OSV operator and owner Pacific Radiance has commenced discussions with potential investors to raise fresh funds as part of its debt restructuring, and has received expressions of interests from potential…
While the there is an inherent attraction to order megavessel newbuildings in the current financing and market environment, it is still unclear as to how they benefit the lines.
After the intense turbulence of 2016, the container shipping industry is in a rare sweet spot at the moment but the next year could prove challenging.
Beleaguered ASL Marine has updated shareholders that its bank creditors have continued to lend their support despite the breach of one covenant, and sought to allay an insolvency concern raised…
Executives from Chinese group China Cosco Shipping have been briefed by the Greek government as it pledges to sort out the future of the country’s floundering shipbuilding and shiprepair industry.
d'Amico International Shipping (DIS) has sold and 11-year old MR product tanker for $14.3m and chartered the vessel back for six years.
H.E. Eng. Hessa Al Malek, Executive Director for Maritime Sector, Federal Transport Authority - Land & Marine UAE was announced as Seatrade Personality of the Year 2017 during the prestigious…
Yinson Holdings has raised $100m from a perpetual bond issue through its Yinson Juniper unit under its $500m multi-currency perpetual securities programme, the FPSO player said in a stock market…
Singapore is seeking to become a debt restructuring centre alongside New York and London with changes to its Scheme of Arrangement system to make it closer to US Chapter 11…
With some major shipping markets seeming to have passed worst the question of what opportunities there were for financiers and investors were in focus at the Capital Link New York…
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