Finance & Insurance

China has inked a $3.4bn deal with the United Arab Emirates to expand its trading and warehouse investment in Dubai.
Cosco Shipping Holdings has turned in strong first quarter results aided by a recovering international container shipping market with higher freight years especially on the transpacific and Asia-Europe routes.
Greece is a bridge and not a border between the West and the East and as a regional hub for growth that is gaining global influence and significance, Greek Prime…
The Chilean Tribunal for the Defense of Free Competition (TDLC) released its final ruling in a car cartel case that began in 2015 fining NYK and MOL at of $9.1m,…
With the growing business between the Middle East and China the enforcement of arbitral awards in China was in focus at the latest breakfast seminar by Emirates Maritime Arbitration Centre…
Physical bunker supplier Peninsula Petroleum has boosted its overall liquidity by $150m after renewing its European receivables finance facility.
Malaysia’s Bumi Armada has refinanced $660m of its short-term corporate debts to improve its balance sheet and is looking to dispose of some assets to free up cash.
US Energy policy, along with Donald Trump’s classic head-fakes, almost seems destined to confuse participants in the oil business, with obvious impacts on shipping which serves it.
Resolution may finally be in sight for some of the rig newbuildings being constructed for Sete Brasil at Keppel Offshore and Marine and Sembcorp Marine (Sembmarine) on which progress payments…
Ocean Network Express (ONE) is urging shippers that have not posted General Average and Salvage Security on undamaged containers from the Yantian Express to do so or risk further delays…
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