Finance & Insurance

Hanjin Heavy Industries & Construction (HHIC) announced on Tuesday to the Korean Exchange that its affiliate yard in the Philippines has filed for a rehabilitation procedure.
After a series of investigations, Sun Bo, former general manager of China Shipbuilding Industry Corp (CSIC), has been officially arrested.
Early assessments of the price spread between 3.5% high sulphur bunker fuel and 0.5% low sulphur fuel are indicated at as low as $40 to a high of $104 per…
Cosco Shipping International has warned of a significant decrease in revenue amid an alleged fraud involving debts owed by its indirect wholly-owned subsidiary to embattled bunker supplier Coastal Oil Singapore.
South China province Fujian plans to invest RMB85 billion in transportation sector and focus on cross-strait traffic upgrading. RMB8bn ($1.17bn) of the fund will be used for shipping and port…
Tanker owner DHT Holdings co-ceos have swapped the Norwegian winter for eternal summer on the equator relocating from Norway to Singapore.
Container line Mediterranean Shipping Company (MSC) has pledged to find all the containers that fell from the MSC Zoe last week and cover full costs of the clean-up.
Saudi Arabia’s maritime sector is set to receive a much-needed boost with a generous allocation of SAR3bn ($8.8bn) for the energy, industry, mining and logistics sectors in its recently announced…
Leading accountant and shipping adviser Moore Stephens says shipping will continue to attract investors in 2019 providing it fulfils its ESG (environmental, social and governance) responsibilities.
What happens when a warm front, in the form of improving prospects in the drybulk and other corners of the maritime markets, clashes head on with a cold front, in…
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