Finance & Insurance

The dry bulk shipping arena’s upward trajectory is continuing and as earnings season for Q3 2017 results have continued onward, equity analysts were turning more positive.
After a summer of extraordinary disasters in the USA and other parts of the world the global economy struggles to show growth and faces huge uncertainty over the future of…
Bankrupt Singapore offshore firm Swiber Holdings is pinning its hopes of a rebirth on the Floating LNG (FLNG) sector.
The former head of BNP Paribas in China, Bing Chen, will take up the helm as ceo of containership owner Seaspan in January next year.
Cosco Shipping Energy Transportation is raising RMB5.4bn ($815.3m) from a private share offering to pay for the purchase and construction new tankers.
NYK is aiming to take over 100% ownership of Yusen Logistics with a JPY25.6bn ($224.8m) offer for the shares in the company that it does not already own.
Precious Shipping has lost an arbitration over excessive fuel consumption on ultramax bulkers built at Taizhou Sanfu Ship Engineering in China.
Cosco Shipping Holdings is looking to raise up to $1.94bn through a private share issue to fund 20 containership newbuildings.
The Baltic Dry Index (BDI) achieved a three-year high at 1,588 last Tuesday, thanks to the rally seen among the industrial commodities. In particularly, the prices of base metals have…
Dry bulk shipping is all the rage. Consider that Scorpio Bulkers (SALT), a bellwether of the sector, has seen its share price strengthen with the seemingly improved dry bulk market.
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