Industry Sectors:Finance & Insurance

Finance & Insurance

Just when we thought dry bulk rates would end the year in “happily ever after” fashion, more hiccups appeared. Perhaps we just let this go, on the basis that we…
Italian shipbuilder Fincantieri has received recommendation from independent financial adviser KPMG Corporate Finance to take Singapore-listed Vard Holdings private.
Bunker supplier Aegean Marine Petroleum Network Inc is looking to raise up to $115m from the issuance of notes.
Accountancy firm PricewaterhouseCoopers (PwC) has recommended liquidation over rehabilitation for bankrupt Hanjin Shipping.
Bankrupt Sinopacific Offshore & Engineering (SOE) has announced that it is looking for investors to help restructure the company.
Singapore-listed offshore firm ASL Marine is holding an informal meeting of its bondholders ahead of a restructuring.
There is a bit of understatement, in saying that the US ports sector of the maritime business is ecstatic about recent developments.
Cosco Shipping International (Hong Kong) Co (CSIHKC) has announced a plan to acquire CSHT Marine Machinery Suppliers from China Merchants Hoi Tung Trading Company and Cosco Shipping Financial Holdings Co.
More bad news for beleaguered Malaysian offshore services provider Perisai Petroleum as a much hoped for injection of cash from the divestment of a joint venture company has hit a…
As it faces a crucial noteholder meeting on 21 December Rickmers Maritime has highlighted the issues with Singapore bonds versus more mature markets such as Europe and the US.