Finance & Insurance

French container line CMA CGM has increased its stake in Swiss-headquartered CEVA Logistics after the latter rejected a takeover offer last week.
New Japanese container line joint Ocean Network Express (ONE) is forecast to lose $600m in its first year of operation with lower than expected volumes caused by issues with its…
The Baltic Exchange has launched an escrow service for ship sales, which it is looking to expand to other areas.
Membership of the Maritime Anti-Corruption Network (MACN) has topped the 100 mark with the recent addition of tanker titan Frontline and container line ZIM.
The availability of capital, both equity and debt, is a perennial discussion and has two particular areas of focus at present - for consolidation and green loans for retrofits to…
After a week-long National Day holiday, the return of the Chinese trade participants failed to rekindle the freight market.
CMA CGM is considering increasing its shareholding in CEVA Logistics as the Swiss-headquartered company rejects an unsolicited takeover offer.
The popularity of scrubbers as a way to comply with the IMO’s 2020 sulphur cap has grown rapidly over the last six months with over 1,000 systems ordered in that…
John Fredriksen-backed Flex LNG is acquiring five newbuildings for $900m from the shipping magnate’s private vehicle Geveran Trading.
Hong Kong chief executive Carrie Lam announced a raft of incentives and measures for the maritime and shipping sectors in her 2018 policy address, including for ship leasing, marine insurance…
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