Industry Sectors:Finance & Insurance

Finance & Insurance

China Merchants Port Development (Shenzhen) Company (CMPDS) has entered into an agreement to subscribe to a 60% equity interest in Shantou Ports Group (SPG) at a consideration of RMB5.43bn ($787.1m).
The steep drop in the price of oil and resultant de-couupling of the link between crude and LNG prices could be the spark that the clean burning gas needs to…
Singapore’s Sembcorp Marine (Sembmarine) has pocketed RMB5.8m ($840,860) after it disposed of its entire 70% equity interest in Shanghai Guofeng Marine Engineering and Technology (SGMET).
HNA Holding Group (HNA) will make a voluntary general cash offer to acquire all the issued and paid-up ordinary shares of CWT Limited in a deal valued at approximately SGD1.4bn…
BW Offshore and ICBC Financial Leasing have signed a cooperation agreement on Friday to jointly pursue large international infrastructure projects with a focus on FPSOs.
The frequency of major vessel casualties has risen in 2016 for the second consecutive year amid a continuing challenging market for marine underwriters, according to the International Union of Marine…
The Sea Asia Global Forum will kick-off the conference sessions at Southeast Asia’s largest maritime event on 25 April with top international executives discussing global shipping and energy markets.
Mother Nature has a way of humbling us with her sheer force – not that this is always bad news for the freight market. But when the product cannot get…
Cosco Shipping Heavy Industry has secured RMB30bn ($4.4bn) worth of financing facilities over a three-year period from the Shanghai branch of the Export-Import Bank of China (China EximBank).
Bankrupt Ezra Holdings has informed investors that it will convene an informal meeting with noteholders on 17 April to update matters relating to the company’s Chapter 11 filing.