Finance & Insurance

The major shipping lines calling the Port of Kingston have declared their intention to reject an increase in vessel towing fees by the concessionaire Canada-based Ocean Towing.
Greek dry bulk operator Castor Maritime announced that it has gained approval for listing on the Nasdaq Capital Market.
The fire-hit Yantian Express containership has arrived at Port of Freeport, Bahamas and berthed on 4 February, going through fire inspection and decontamination.
Britannia P&I Club has been granted an underwriting license for its Singapore branch.
A revolutionary new technology that enables electronic signals to pass through steel has been developed by a young entrepreneurial Norwegian company, ScanReach, and is likely to transform ship and offshore…
The first trade executed on the new Singapore FOB Marine Fuel 0.5% (Platts) futures contract was brokered on the basis of $200 spread with high sulphur fuel (HFO) for December…
Panama agreed to remove from its Ship Registry some 60 Iranian vessels to avoid being placed on a US Treasury blacklist.
The World Economic Forum’s 2018 Global Competitiveness Report published on October 17, 2018, revealed that Saudi Arabia’s Global Competitiveness Index (GCI) improved by two ranks compared to last year, placing…
Liang Xiaolei (Simon Liang), former chairman and ceo of Chinese private shipyard company Sinopacific Shipbuilding, has been arrested by Myanmar police over tax issues.
South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.
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