Industry Sectors:Finance & Insurance

Finance & Insurance

Gulf Navigation (GulfNav) is set to acquire 12 newbuilding as part of a strategic alliance with Mena Energy as the shipowner continues its growth track.
Containership owner Danaos was dragged into the red in Q3 by the impact the Hanjin Shipping bankruptcy.
Just when we thought dry bulk rates would end the year in “happily ever after” fashion, more hiccups appeared. Perhaps we just let this go, on the basis that we…
Italian shipbuilder Fincantieri has received recommendation from independent financial adviser KPMG Corporate Finance to take Singapore-listed Vard Holdings private.
Bunker supplier Aegean Marine Petroleum Network Inc is looking to raise up to $115m from the issuance of notes.
Accountancy firm PricewaterhouseCoopers (PwC) has recommended liquidation over rehabilitation for bankrupt Hanjin Shipping.
Bankrupt Sinopacific Offshore & Engineering (SOE) has announced that it is looking for investors to help restructure the company.
Singapore-listed offshore firm ASL Marine is holding an informal meeting of its bondholders ahead of a restructuring.
There is a bit of understatement, in saying that the US ports sector of the maritime business is ecstatic about recent developments.
Cosco Shipping International (Hong Kong) Co (CSIHKC) has announced a plan to acquire CSHT Marine Machinery Suppliers from China Merchants Hoi Tung Trading Company and Cosco Shipping Financial Holdings Co.