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Industry Sectors:Finance & Insurance

Finance & Insurance

Lloyd’s has amended its risk codes to include a new class of insurance covering seafarer abandonment.
Odfjell group revealed mixed first quarter results today, with rising time charter and terminal earnings failing to prevent a $13m loss, more than triple the $4m loss in the same…
Across all sectors, shipping is capital-intensive, where multiple dollars of assets are required to generate each dollar of top line income. In the wake of banking pullbacks, vessel financiers have…
South Korea's financially-shaken STX Group is mulling the sale of its European assets including its shipyards in France and Finland.
 Sembcorp Marine's (Sembmarine) net profit rose 5% year on year in the first quarter to $119m for 2013.
High profile orders of ultra large container vessels could be negatively affecting container rates right now, Drewry Maritime Research has claimed.
Chinese firm Minsheng Shipping will not get listing after its initial public offering application has been terminated by China Securities Regulatory Commission (CSRC).
Offshore support vessel operator Bourbon has announced revenues of EUR315.1m ($414.9m) for the first quarter 2013, a 13.4% increase year on year.
Average time charter equivalent earnings for dry bulk owner Genco's fleet fell nearly $3,500 year on year from $10,480 in the first quarter 2012 to $6,963 in the first three…
London: Greek LPG carrier specialist Stealthgas is aiming for a 20% share of the LPG tanker market after raising $115m in its latest public offering.