Finance & Insurance

The chairman of the board and executive director of Brightoil Petroleum (Holdings) Limited, Dr Sit Kwong Lam, was vacated as he was adjudged to be a bankrupt by the High…
Tsakos Columbia Shipmanagement (TCM) has introduced electronic payment and phased out cash payment for its crew employed on vessels under its management.
Scorpio Bulkers has announced a sell and leaseback deal involving six ultramax vessels with China’s Avic International Leasing.
The Maritime and Port Authority of Singapore (MPA) has announced the awarding of SGD650,000 ($480,500) seed funding to 13 technology start-ups from the Smart Port Challenge (SPC) 2018 for the…
Singapore-based Asia Pacific Exchange (APEX) has launched its first fuel oil futures contract for trading with an aim of creating a platform for energy industries and financial institutions to hedge…
Port operator International Container Terminal Services Inc (ICTSI) is in talks with creditor banks to buy the facilities of bankrupt Hanjin Heavy Industries and Construction - Philippines in Subic Bay.
Singapore’s Minister for Trade and Industry Chan Chun Sing has broadly outlined the survival strategy for Maritime Singapore, which is and will continue to remain an indispensable pillar of global…
While Cosco Shipping’s massive investment plan for the port of Piraeus is not yet ancient history it is certainly under threat of becoming part of Greece’s modern history.
Flex LNG has announced the submission of its draft registration to the US regulators for the listing of its shares on New York.
Teekay Offshore Partners has clinched a $414m long term debt facility to finance its four LNG-fuelled suezmax DP2 shuttle tanker newbuildings.
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