Finance & Insurance

The first trade executed on the new Singapore FOB Marine Fuel 0.5% (Platts) futures contract was brokered on the basis of $200 spread with high sulphur fuel (HFO) for December…
Panama agreed to remove from its Ship Registry some 60 Iranian vessels to avoid being placed on a US Treasury blacklist.
The World Economic Forum’s 2018 Global Competitiveness Report published on October 17, 2018, revealed that Saudi Arabia’s Global Competitiveness Index (GCI) improved by two ranks compared to last year, placing…
Liang Xiaolei (Simon Liang), former chairman and ceo of Chinese private shipyard company Sinopacific Shipbuilding, has been arrested by Myanmar police over tax issues.
South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.
In what is becoming so common in Greece these days, good news is often clouded by bad news. China’s Cosco-run port of Piraeus had no sooner announced its goal of…
Dalian Shipbuilding Industry Offshore (DSIC Offshore), a subsidiary of Dalian Shipbuilding Industry Co., Ltd (DSIC), had been requested by Dalian Municipal Intermediate People's Court to restructure due to debt issues…
Insurer QBE has announced the transition of QBE International Markets (QIMS) to QBE Singapore to further strengthen and streamline its business operations.
Scorpio Bulkers, which along with sister company Scorpio Tankers, has taken a major bet on scrubbers to comply with the IMO’s 2020 low sulphur regulations is assuming a price spread…
China State Shipbuilding Corporation (CSSC), has inked newbuilding contracts for 36 newbuildngs worth a total contracts value of over RMB10bn ($1.48bn) and financed by its Hong Kong leasing arm.
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