Industry Sectors:Finance & Insurance

Finance & Insurance

China’s privately-owned Yangzijiang Shipbuilding is looking to raise SGD209.61m ($154.42m) by way of private placement of 137m ordinary shares to institutional and other investors.
Following it's merger with UASC Hapag-Lloyd’s debt has ballooned to $8.34bn and the line says it does not plan to newbuildings.
This year’s London International Shipping Week (LISW) will be taking the long view, according to Jeremy Penn, chairman of the steering group for the biennial event taking place 11 -…
The winding-up of Singapore-listed Rickmers Maritime Trust has been completed.
Mitsui OSK Lines (MOL) has become latest shipping company to jump on the Blockchain bandwagon.
Fresh from an endorsement by the government with the granting of approval for capacity expansion, Malaysian port operator Westports Holdings is expected to invest up to MYR10bn ($2.3bn) to double…
John Fredriksen’s Seadrill expects to file for Chapter 11 bankruptcy protection by 12 September to implement a restructuring plan.
Like Hokusai’s Great Wave, the freight market has its ups and downs, and this week we are seeing a downside – perhaps before another upsurge. As such, the Baltic Dry…
If you were to choose a core business based on performance over the last decade container shipping would be unlikely to top the list.
Financially-troubled Malaysian offshore vessel builder and owner Nam Cheong has is set to fail to redeem and pay coupons on two bond issues in the coming days.
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