Industry Sectors:Finance & Insurance

Finance & Insurance

China Cosco Shipping Corporation Limited (Cosco Shipping) has splashed out RMB4.6bn ($660m) to acquire a 10% stake in Shanghai Rural Commercial Bank (SRCB) from Australia and New Zealand Banking Group…
DP World has acquired an additional 23.94% stake in Pusan Newport Company Limited (PNC) in South Korea from Samsung Corporation & Subsidiaries.
Singapore's ASL Marine has issued a consent solicitation statement to noteholders on Thursday as the company seeks approval to extend the maturity of the notes for three years.
The auditor of distressed Marco Polo Marine has cast “significant doubt” on the ability of the company to continue as a going concern in view of its net liabilities and…
Indonesian oil and gas shipping firm Berlian Laju Tanker (BLT) said its cost-efficiency efforts had helped to cushion the company from further drops in financial performance in the third quarter,…
K Line has filed lawsuit against APL Logistics (APLL) for damages related to emails sent by employees of the logistics company to its customers.
A London arbitration has ruled in favour of Navios in a dispute with Brazilian miner Vale over a contract for an iron ore terminal in Uruguay.
Diana Shipping has received a full refund guarantee for a cancelled newbuilding at Yangzhou Dayang Shipbuilding.
Be it be in shipping, the economy or politics 2016 has been a tumultuous year. Seatrade Maritime News takes a look back at the year and top stories in the…
Indonesian shipping company Humpuss Intermoda Transportasi has set aside $130m for capital expenditure next year to buy eight new vessels, local media reported.