Finance & Insurance

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.
In what is becoming so common in Greece these days, good news is often clouded by bad news. China’s Cosco-run port of Piraeus had no sooner announced its goal of…
Dalian Shipbuilding Industry Offshore (DSIC Offshore), a subsidiary of Dalian Shipbuilding Industry Co., Ltd (DSIC), had been requested by Dalian Municipal Intermediate People's Court to restructure due to debt issues…
Insurer QBE has announced the transition of QBE International Markets (QIMS) to QBE Singapore to further strengthen and streamline its business operations.
Scorpio Bulkers, which along with sister company Scorpio Tankers, has taken a major bet on scrubbers to comply with the IMO’s 2020 low sulphur regulations is assuming a price spread…
China State Shipbuilding Corporation (CSSC), has inked newbuilding contracts for 36 newbuildngs worth a total contracts value of over RMB10bn ($1.48bn) and financed by its Hong Kong leasing arm.
Mediterranean Shipping Company (MSC) has secured $439m of Sinosure-backed financing to equip 86 scrubbers on its ships.
CEVA Logistics board has recommended its shareholders do not accept a public tender by CMA CGM for the shares in the company it does not already own.
Chinese-listed ship technology company Bestway Marine & Energy Technology’s chairman faces prosecution for debt default that may lead to the bankruptcy of the company.
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