Finance & Insurance

Singamas Container Holdings has entered into a framework agreement to dispose of five of its wholly-owned subsidiaries for up to RMB4bn ($595.9m) in cash, a significant sale that is set…
Continuing on the M&A trail BW Group has launched a takeover offer for small pressurised LPG carrier owner Epic Gas after taking a majority stake in the company.
CEVA Logistics is expected to apply for a delisting from Switzerland’s stock exchange, following CMA CGM completing the acquisition of 89.47% shares in the Swiss freight forwarder.
Maritime companies have generally failed to gain respect from investors. With a few exceptions, share prices are below the net asset values - a proxy for the liquidation value if…
Watch the interview with Joe Hughes, chairman and chief executive of Shipowners' Claims Bureau Inc, management company of the New York-based American P&I Club, carried out at their results presentation…
Navig8 Chemical Tankers Inc. has entered into a sale and leaseback agreement with China’s ICBC Financial Leasing for four 37,000-dwt product tankers.
Capesize rates have continued to be depressed by lack of physical activities this week. However, the paper market for capesize index managed to turn positive for the first time on…
The Belships Group has secured a $140m loan facility to strengthen its working capital and for fleet expansion.
Saudi Arabia’s maritime sector is gearing up to make the kingdom a regional logistics hub and drive forward economic diversification and job opportunity, participants at the Saudi Maritime Congress in…
China Huarong Energy Company Limited, formerly known as Rongsheng Heavy Industries, announced that the company had completed the disposal of shipbuilding and engineering businesses.
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