Industry Sectors:Finance & Insurance

Finance & Insurance

Hong Kong-listed Jinhui Holdings is expected to formalise agreements with its lenders over restructuring of debts before the end of 2016, the company confirmed as it announced a third quarter…
A hefty price tag of close to $5bn could put off potential buyers for German container line Hamburg Sud according to analyst Alphaliner.
John Fredriksen’s Frontline reported a narrow profit the third quarter despite the sharp downturn in tanker markets, and lined-up $870m in bank financing for its newbuilding programme.
Shipping needs to develop a greater risk culture to avoid the problems it has experienced since the onset of the global financial crisis according to Kyvsgaard Consulting.
North P&I Club has celebrated the opening of its new Shanghai office – its fourth in Asia.
Shipowners body the UK Chamber of Shipping has today published a 30-page “Blueprint for Growth” outlining the policies it would like the British Government to adopt as it negotiates the…
Havila Shipping’s financial restructuring proposals have received support from bondholders at the eleventh hour.
The dry bulk freight market has put an impressive performance of late; the Baltic Dry Index (BDI) has tripled since bottoming out in February. Now, dry bulkers are in cashflow…
The OSV sector is facing a “survival of the fittest” with offshore activity set to decline for another two years according to Pareto Securities.
OSV owner Havila Shipping announced that it has failed to win support from its bondholders for a proposed restructuring, but the company has until next Monday to garner the required…