Finance & Insurance

First Ship Lease Trust (FSL Trust) has disposed of a MR product tanker to fund newbuilding acquisition and make debt repayment.
As the UK looks set to crash out of the EU with a no deal Brexit on 29 March mutual insurer North P&I has confirmed plans to continue its European…
Saudi Arabia represents a major investment opportunity for the shipping and maritime industries as the country diversifies its economy.
Three tugs are now attending to the stricken Hapag-Lloyd containership Yantian Express which suffered a cargo fire on 3 January in the Atlantic.
The Connecticut Maritime Association (CMA) has announced that John C. Hadjipateras, chairman, ceo & president of the listed company Dorian LPG has been selected as its 2019 Commodore.
Singapore’s Sembcorp Marine (Sembmarine) announced that it has inked a share swap agreement with associated firm Ecospec Global Technology and Neonlite Investments in a move to boost the group’s intellectual…
Following the heavy defeat in the British parliament for the Prime Minister Teresa May’s Brexit deal the British Ports Association (BPA) has urged the government to do “whatever is necessary…
Singapore-listed First Ship Lease Trust (FSL Trust) is suing Torm for redelivering two bareboat chartered vessels in “untradeable” condition.
The recent insolvency of the Philippine yard of South Korea’s Hanjin Heavy Industries & Construction (HHIC) has stirred interests of investment from Chinese companies, reports said.
Dubai-based DP World said on Sunday it had agreed to acquire a 71.3% stake in Chile’s Puertos y Logistica (Pulogsa) from Minera Valparaiso and other shareholders associated with the Matte…
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