Industry Sectors:Finance & Insurance

Finance & Insurance

Embattled Ezra Holdings announced that it is facing a claim of approximately $3.3m from VT Halter Marine, Inc (VTH) in relation to a breach of loan agreement by EMAS Chiyoda…
One of the last vessels in the fleet of bankrupt Hanjin Shipping has been sold by the courts in Singapore.
Embattled Ezra Holdings operating unit EMAS Offshore has been suspended from trading on both the Singapore Exchange and Oslo Bors.
Oman Shipping Company has successfully raised $227m to finance its purchase of 10 new medium range tankers, which are chartered to Shell Tankers Singapore for seven years.
PSA International’s corporate venture capital arm PSA unboXed has issued an invitation to potential technology partners on its the Port of the Future project dubbed Container Port 4.0 (CP4.0) -…
Former TH Heavy Engineering (THHE) ceo Nor Badli Munawir Mohamad Alias Lafti was charged in the Sessions Court with three counts of money laundering involving MYR1.57m ($352,374), local media reported.
US Federal Maritime Commissioner William Doyle has called for alliance members to be jointly responsible to ensure cargo is delivered in the case of another bankruptcy like Hanjin Shipping.
Singapore-listed Ezra Holdings has revealed that it has an exposure of approximately $900m as a guarantor to its jointly-owned EMAS Chiyoda Subsea (ECS), which has filed for bankruptcy protection under…
No-one predicted the scale and depth collapse in the oil price and the impact it then had on offshore marine, so it is also likely that few, if any, will…
Malaysian oil and gas company Bumi Armada was the latest to take a hit from poor market conditions, finally succumbing to a MYR1.1bn ($247.3m) hit from impairments it had to…