Industry Sectors:Finance & Insurance

Finance & Insurance

Golden Ocean Group has entered into agreements to purchase all 14 dry bulk carriers owned by Quintana Shipping under an all-share transaction.
Integrated shipping services provider Clarksons has reported preliminary 2016 results showing what it calls “continued strong performance despite challenging markets”.
Seadrill has reached a settlement with Hyundai Samho Heavy Industries (HSHI) over the cancelled semi-submersible rig West Mira.
HSH Nordbank has rejected the latest restructuring proposal for Rickmers Maritime from financial advisor Ferrier Hodgson.
Ezra Holdings has received a statutory demand from the solicitors of VT Halter Marine (VTH) on Thursday relating to a claim of around $3.21m against Ezra acting as the guarantor…
THE Alliance has announced plans for contingency plans against a Hanjin Shipping style bankruptcy from one of its members as it unveils its service network to be rolled out on…
The UK Budget announced on Wednesday is seen as positive for the offshore industry oil and gas industry in the North Sea.
SapuraKencana Petroleum (SapKencana) said its unit SapuraKencana TMC issued another MYR3.3bn ($741.6m) and $74.8m worth of unrated Islamic bonds under its multi-currency sukuk programme.
The Maritime and Port Authority of Singapore (MPA) is establishing a MPA Living Lab and working with partners to set up three Centres of Excellence to deepen maritime R&D competencies.
CIMC Enric Holdings has increased its provisions for asset impairment over the botched acquisition of Sinopacific Offshore & Engineering (SOE), and warned of a loss for 2016.