Industry Sectors:Finance & Insurance

Finance & Insurance

First Ship Lease Trust’s (FSL Trust) ceo Alan Hatton has resigned over alleged “misconduct and breach of duties”, the trustee-manager FSL Trust Management announced.
Malaysian domestic line PDZ, which had its vessel PDZ Mewah arrested last week, will take up slots from third party vessels as an interim measure to meet its commitments, the…
Singapore-listed Ezra Holdings in clarifying on the impact of its investment in troubled joint venture firm EMAS Chiyoda Subsea Limited (ECA) says that it could have to writedown the full…
It was never going to be a vintage week and as expected, the dry freight market remained quiet throughout as Chinese participants – and plenty of European ones too -…
Hanjin Shipping is expected to be finally declared bankrupt on 17 February a Seoul court said today.
DNB Bank was hit by NOK7.42bn ($906) in impairments losses on loans and guarantees in 2016, with shipping and offshore major culprits.
Officials of the newly formed Emirates Maritime Arbitration Centre (EMAC) were in the UK yon Monday to host an awareness-raising event for the Dubai-based institution among London’s legal community. It…
John Fredriksen’s Frontline is seeking to takeover rival tanker owner DHT Holdings in a stock-for-stock deal.
Malaysian domestic line PDZ Holdings has had its 698-teu container ship PDZ Mewah arrested by Dan-Bunkering (Singapore) over fuel supply issues.
The great and the good of the UAE shipping industry came together in Abu Dhabi at the fourth UAE Summit of Marine and Maritime Leaders this week with the subject…