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Industry Sectors:Finance & Insurance

Finance & Insurance

Seafarers’ Rights International (SRI) has announced the launch of a new Charter of Good Practice for the Provision of Legal Services to Seafarers.
Subsea 7 has been awarded contracts with Petrobras for the construction and operation of three pipelay support vessels (PLSV), totalling $1.6bn.
Torm has announced the appointment of Mads Peter Zacho, current cfo of Svitzer, as its new cfo.
The Shanghai-Rotterdam container freight index more than doubled by $1,632 per feu as container lines' 1 July genereal rate increases hold firm, Drewry reports.
Transpetrol Gas Holdings Limited (Transpetrol) has exercised an option to back out of an LPG-carrying joint venture with Stolt-Nielsen and Sungas Holdings.
Henriette Brent-Petersen will join DVB as the head of its Shipping & Offshore Research Department in Rotterdam.
The top management of struggling shipping fund FSL Trust have quit in what is being characterised as a “difference of opinion”.
Scorpio Tankers has announced orders for up to 10 VLGCs in Korea at $74m each.
Second quarter profits at Stolt-Nielsen were $26m for 2013, up from the previous quarter's $1.4m but down on 2012's $37.6m for the same period.
Marine fuels supplier Brightoil Petroleum has secured a $50m term loan for 10 years from China Development Bank Corporation Hong Kong Branch.
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