Industry Sectors:Finance & Insurance
Finance & Insurance
Indonesian shipping company Humpuss Intermoda Transportasi has set aside $130m for capital expenditure next year to buy eight new vessels, local media reported.
Rickmers Maritime bondholders have voted against a financial restructuring proposal leaving the possibility of liquidation for the listed shipping trust.
Bankrupt Hanjin Shipping is selling its 54% stake in a Long Beach container terminal to the world’s second largest container line MSC.
Wednesday 21 December is potentially do or die day for shipping trust Rickmers Maritime as it faces a crucial bondholders meeting.
Singapore-listed Cosco Corp (Singapore) looks set for a lengthy suspension from trading as it awaits the results of the restructuring of China Cosco Shipping’s shipyard business.
Imagine what happens when a shipping guy, with a penchant for writing articles seeking to link diverse markets together, wanders into a lecture on art collecting. Such was the case…
The head of International Transport Workers Federation (ITF) Stephen Cotton urges owners with difficulties in paying their seafarers due to financial problems to sit down talk with the unions to…