Industry Sectors:Finance & Insurance

Finance & Insurance

Cosco Shipping Energy Transportation (CSET) announced that it has received RMB355m ($54.9m) in government subsidy under the scrap-and-build policy.
Seatrade Offshore Marine Workboats Middle East opens its doors on Monday morning against a backdrop of firmer oil prices and positive sentiment.
It is another shining chapter for the Baltic Dry Index (BDI) as the rates roared higher into record-breaking zone. On Wednesday, the BDI powered to 1,449 points, the highest level…
European Commission President Jean-Claude Juncker’s 13 September call for “investment screening” has raised new concerns in Athens as the country battles to meet the demands of its European creditors through…
AP Moller Holding is buying Maersk Tankers for $1.17bn taking it out from public-listed AP Moller – Maersk, which is restructuring to focus on the container transport and logistics sector.
Bunker hedging is presented as a form of risk management but is fair to say Singapore shipowner SS Teo would not agree in terms of its effectiveness.
The Japanese shipowners based in Shikoku Island are likely to be hit by the merger of the country’s three main container lines.
Cosco Shipping Development Co (CSDC) has entered into a multi-partnership agreement to look into investment opportunities in the logistics industry, capitalising on China’s One Belt One Road initiative.
The decline in traditional ship finance and a lack of provision from regional banks have posed serious challenges to the shipping industry as a whole, but at the same time…
Leading ship finance executives see China’s massive One Belt One Road (OBOR) as very positive for shipping.
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