Finance & Insurance
Singamas Container Holdings has entered into an agreement with Cosco Shipping Financial Holdings to sell its entire interest in five of its companies in China for a total of RMB3.8bn…
Chinese state-owned shipbuilding giant China Shipbuilding Industry Corporation (CSIC) has visited the two shipyards that are in near-bankruptcy under Uljanik in Croatia and is considering to provide financial support.
General Average and Salvage security is yet to be posted on one third of the undamaged containers onboard the Yantian Express which suffered a cargo fire on 3 January.
Singapore sovereign wealth fund GIC has taken a 10% stake Terminal Investment Ltd (TIL) the port operating arm of Mediterranean Shipping Company (MSC).
Hyundai Heavy Industries (HHI) has made a profit in the first quarter of 2019, reversing from its loss position in the year-ago period.
Orient Overseas (International) Limited (OOIL) has sold its Long Beach Container Terminal (LBCT) for $1.78bn to a consortium led by Macquarie Infrastructure Partners (MIP).
AP Moller - Maersk has launched a digital customs clearance platform for seven European countries, which claims to be an industry first, with an expand the system globally by year…
China has inked a $3.4bn deal with the United Arab Emirates to expand its trading and warehouse investment in Dubai.