Finance & Insurance

Major Japanese line NYK has revealed a possible JPY2bn ($18.7m) embezzlement case at its Shanghai car logistics subsidiary NYK Car Carrier (China).
Shipping tech start-up CargoX has raised $7m through an initial coin offering (ICO) to develop its block chain based Bill of Lading platform.
Emirates Maritime Arbitration Centre (EMAC) is continue to raise awareness among key players in the UAE to use its platform.
Maritime law firm Clyde & Co is opening an office in Hamburg hiring four partners from rival Ince & Co.
Union of Greek Shipowners leader, Theodore Veniamis is confident, “2018 looks like being a year in which all shipping sectors will be able to return to growth and profitability”.
The recent US stock market biggest single trading day drop did not dampened the market sentiment on freight market. Dubbed as “Black Monday” or rather a market correction on 5…
Ezion Holdings seems to be finally seeing the light at the end of the tunnel after securing a $1.5bn refinancing package from six secured lenders as well as additional revolving…
JES International has failed in a bid to sell its shipyard business, while its former ceo has been jailed for 12 and half years.
The head of Cosco in Pakistan has been shot dead in what police said appeared to be a targeted attack.
Former GE Capital and DVB Bank executives are launching a blockchain based shipowing investment platform Shipowner.io.
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