Finance & Insurance

Dry bulk shipowner Pacific Basin has closed a $40m seven-year term loan facility with Danish Ship Finance.
New York Mercantile Exchange (NYMEX) will launch trading for 11 marine fuel 0.5% futures contracts on the CME Globex electronic platform from 9 December this year, roughly one year ahead…
Getting in the ring at last week's Marine Money’s Ship Finance Forum in New York to do battle with the topic of equity fundraising in shipping were Robert Bugbee, ceo…
Those arriving for the UK Major Ports Group’s (UKMPG) annual parliamentary reception could be forgiven for drawing some parallels between the long wait they endured, outside in perishing cold, rain…
Sinotrans Shipping, a subsidiary of the state-owned enterprise Sinotrans & CSC, announced shareholders will vote on its privatization plans a in December.
New Dayang Shipbuilding, restructured from the bankrupt Yangzhou Dayang Shipbuiling, has been newly established and is now officially in operation. 
Beleaguered commodities and shipping giant Noble Group is being jointly investigated by the Commercial Affairs Department (CAD) of the Singapore Police Force (SPF), the Monetary Authority of Singapore (MAS) and…
Brokerage and financial technology firm BGC Partners has acquired ship brokerage and consulting firm Poten & Partners Group, allowing BGC to tap on Poten’s services to expand into the oil,…
The Singapore Chamber of Maritime Arbitration (SCMA) has entered into a cooperation agreement with the China Maritime Arbitration Commission (CMAC) to promote maritime arbitration for the effective resolution of maritime…
Singapore’s Keppel FELS has entered into a settlement agreement with an unnamed global oil and gas services firm to terminate a contract valued at approximately SGD165m ($120.2m).
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