Industry Sectors:Finance & Insurance

Finance & Insurance

A bunker fuel dealer from Sungai Petani in Kedah in the northern part of Peninsula Malaysia has fallen victim to an e-mail payment scam and lost $1.1m.
Singapore-listed Kim Heng Offshore & Marine has moved into the OSV sector purchasing three AHTS from bankrupt Swiber Holdings for just $9.6m.
MSC it is actively monitoring the situation in regard to three vessels it has on time charter from bankrupt Rickmers Group.
The Emirates Maritime Arbitration Centre (EMAC) is continuing to raise awareness of the services it offers -  this time in the Americas.
Hyundai Samho Heavy Industries, an affiliate of Hyundai Heavy Industries (HHI), has informed that Korea’s IMM Private Equity has agreed to increase its pre-IPO investment into Hyundai Samho to KRW400bn…
Greek shipowners are still able to get their hands on funds to buy ships as evidenced by the annual Petrofin Bank Research survey of bank funding portfolios in the name…
Pacific Radiance has been granted SGD85m ($61.5m) in loans under two Singapore government-backed financing schemes that aim to help offshore and marine companies gain access to working capital amid the…
DHT Holdings has announced on Wednesday that the High Court of the Marshall Islands has denied Frontline’s attempt to block a vessel acquisition deal between DHT and BW Group.
In a rare intervention in political matters Union of Greek Shipowners president, Theodore Veniamis has taken German Finance Minister Wolfgang Schauble to task over the tax regime covering the Greek…
Shipowner Courage Marine, which currently owns only two bulk carriers, has proposed to split one existing share into three in an attempt to boost trading liquidity.
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