Industry Sectors:Finance & Insurance
Finance & Insurance
China Merchants Port Development (Shenzhen) Company (CMPDS) has entered into an agreement to subscribe to a 60% equity interest in Shantou Ports Group (SPG) at a consideration of RMB5.43bn ($787.1m).
Singapore’s Sembcorp Marine (Sembmarine) has pocketed RMB5.8m ($840,860) after it disposed of its entire 70% equity interest in Shanghai Guofeng Marine Engineering and Technology (SGMET).
HNA Holding Group (HNA) will make a voluntary general cash offer to acquire all the issued and paid-up ordinary shares of CWT Limited in a deal valued at approximately SGD1.4bn…
BW Offshore and ICBC Financial Leasing have signed a cooperation agreement on Friday to jointly pursue large international infrastructure projects with a focus on FPSOs.
The frequency of major vessel casualties has risen in 2016 for the second consecutive year amid a continuing challenging market for marine underwriters, according to the International Union of Marine…
The Sea Asia Global Forum will kick-off the conference sessions at Southeast Asia’s largest maritime event on 25 April with top international executives discussing global shipping and energy markets.
Mother Nature has a way of humbling us with her sheer force – not that this is always bad news for the freight market. But when the product cannot get…
Cosco Shipping Heavy Industry has secured RMB30bn ($4.4bn) worth of financing facilities over a three-year period from the Shanghai branch of the Export-Import Bank of China (China EximBank).