Industry Sectors:Finance & Insurance
Finance & Insurance
FSL Trust has taken a $24.1m impairment charge due to the falling values of vessels.
Containership owner Danaos Corp says it yet to see “meaningful improvement” in the charter market.
d’Amico International Shipping (DIS) is selling a MR product tanker for $28m and leasing in back.
UAE’s Abu Dhabi Ports (ADP) has signed a $300m investment cooperation agreement with China’s Jiangsu Province to strengthen economic ties in the free trade zone (FTZ) area in Khalifa port,…
Taiwan’s dry bulk carrier shipowner Wisdom Marine is looking to raise up to TWD320m ($10.8m) via the issuance of new shares for the purpose of financing new ships.
China Merchants Port (CMPort) said it has sealed a 99-year concession agreement for the development, management and operation of Hambantota Port in Sri Lanka.
MMC Corp said it still plans to list its port unit at the end of next year or in early 2019.