Finance & Insurance

Prosafe and Floatel International have entered into a merger agreement to create a bigger company to ride through the prolonged industry downturn and challenging operating landscape for offshore accommodation.
China and Singapore joint venture Rizhao Port Jurong is set for an initial public offering (IPO) that could raise up to HK$604m ($77m).
The demise of the paper Bill of Lading (B/L) has been long talked about and may finally becoming a reality as G2 Ocean and Manuchar complete a successful trial pilot…
Embattled Swiber Group has survived a liquidation scenario after its creditors voted on 29 May in favour of implementing a restructuring with equity investment from New York-listed Seaspan Corporation.
The navigation systems on your vessel shutdown or malfunction at a critical time due to a cyber event and it crashes into the wharf leaving a huge gash in the…
The snap elections announced by Prime Minister Alexis Tsipras for 30 June or 7 July, after his government’s sound defeat in the European Parliament elections, on 26 May, have major…
The world’s second and third largest container lines MSC and CMA CGM are joining the blockchain digital shipping platform TradeLens developed by the biggest box line AP Moller – Maersk…
The New York and global ship finance markets are in a “wait and see” mode was the message from Evercore Group md Yohan Minaya in a recent presentation.
CSSC (Hong Kong) Shipping Company Limited, the ship-leasing arm of China State Shipbuilding Corporation (CSSC), is to raise up to HK$2.2bn ($280m) for initial public offering in Hong Kong.
Star Bulk Carriers is continuing to expand acquiring the fleet of 11 vessels owned by Delphin Shipping LLC for $139.5m in a cash and equity deal.
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