Industry Sectors:Finance & Insurance

Finance & Insurance

Chinese conglomerate HNA Group has registered a new entity in China’s Xi’an city, formed from the merger of its subsidiaries HNA Logistics and HNA EcoTech.
China Cosco Shipping Corporation Limited (Cosco Shipping) has entered into a strategic partnership with China’s real estate developer Greenland Holdings Corp over assets investment and logstics development.
John Fredriksen’s Frontline has launched a defence of its offer for DHT Holdings which has been publicly rejected.
Zeaborn Group is continuing on the expansion trail taking over Rickmers-Linie and NPC projects as the multi-purpose sector faces difficult market conditions.
In a global economy that is daily threatened by protectionism and digitalized disruption, is the freight market that old-fashioned bastion of steel, coal, iron ore and grains still worth another…
CSSC Huangpu Wenchong Shipbuilding Company has received a government grant of RMB11.58m ($1.69m) from its ultimate parent China State Shipbuilding Corp (CSSC).
Beleaguered Singapore shipping trust Rickmers Maritime says it is evaluating two alternative restructuring plans after noteholders voted against its original plans in December.
China’s state-owned Zhejiang Shipping Group has received a cash injection from its parent firm Zhejiang Communications Investment Group to help strengthen the shipowner’s finances.
DP World has announced a 2.2% increase in gross container volumes across its worldwide portfolio on a like-for-like basis in 2016. 
Financially-shaken Ezra Holdings has received a statutory demand from the solicitors of Forland Subsea on Monday in relation to a claim amount of approximately NOK25.5m ($3.1m) that is due and…