Finance & Insurance

Eleven major shipping banks representing a bank loan portfolio to global shipping of around $100bn have launched a new global framework to incentivise shipping’s move toward decarbonisation.
Singapore-listed First Ship Lease Trust (FSL Trust) has received a mandatory conditional cash offer of SGD0.0585 per unit for all its outstanding units from a group of investors led by…
Former OW Bunker executive Lars Moller, blamed for the collapse of the company, has had his jail sentence increased to five years from one and half years after an appeal…
Liu Xiaoming, Vice Minister of China’s Ministry of Transport (MOT) takes over the former vice minister He Jianzhong’s role and will be responsible for maritime sector, according to the notice…
Sometimes, when it comes to listed shipping companies, private may be better than public and that may be the case for DryShips.
With a total asset value of some $105bn bank financing to Greek shipping continues to contract, but at a slower rate.
The Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, has appointed Humera Ahmed vice-president of legal and business development.
Like every other aspect of the shipping landscape, the role of “sell side” equity analysts covering the maritime industry is undergoing a major shift, notably with the discontinuation of coverage…
Proxy-advisor firm Institutional Shareholder Services (ISS) has called on shareholders of Japanese shipowner K Line to vote against the re-election of its chairman and president at its upcoming annual general…
Singapore-listed First Ship Lease Trust (FSL Trust) has been placed on a ‘watch-list’ on Thursday by the Singapore Exchange (SGX) relating to the Minimum Trading Price (MTP) rule.
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