Industry Sectors:Finance & Insurance

Finance & Insurance

With Keppel Corp’s shipyard group Keppel Offshore & Marine (Keppel O&M) just breaking even it is targeting the LNG sector including co-investment in small-scale projects.
Malaysian ratings agency RAM Ratings has forecast that about MYR5bn ($1.2bn) would be needed over the next five years for the expansion of Kuantan Port, Sapangar Bay Container Port (SBCP)…
Embattled Malaysian offshore vessels builder Nam Cheong has decided to temporarily cease repayment on all borrowings as the company is reviewing its options to restructure its businesses and operations.
The Shanghai Stock Exchange (SSE) has asked Cosco Shipping Holdings to provide further details on its recently announced offer to takeover Orient Overseas (International) Limited (OOIL), including a clarification on…
The world's top 40 banks lending to shipping at the beginning of 2017 had a combined portfolio of $355.25bn, the lowest level in a decade, according to Athens-based Petrofin Global…
The judicial managers of bankrupt Swissco Holdings have arranged the disposal of five vessels of the OSV firm for the purpose of repaying debts and reducing asset liabilities.
Loss-making Yang Ming Marine Transport Corp is planning to make a public offering of 500m shares as part of the company’s ongoing recapitalisation plan to stabilise its weak financial standing.
The Singapore Exchange (SGX) has added to its freight business with new supramax 10TC contracts.
Singapore’s KS Energy announced that it will recover around SGD20.3m ($14.8m) that it had previously paid for import duty and fine to the Indonesian customs, in relation to the importation…
After taking various big plunges into the deep, there is no other way for capesize market to go but up. Improved paper market sentiment on paper seems to provide the…
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