Finance & Insurance

Danish shipowner Norden is continuing on a course to become increasingly asset light selling off four bulkers.
China’s President Xi Jinping has visited Italy and held discussions with Prime Minister Giuseppe Conte on strengthening the co-operation between the two countries, including the spheres of trade and maritime.
Chinese dry bulk shipping company Sinotrans & CSC Phoenix sold its 28% stake in Chongqing Xingang Changlong Logistics Company to bolster cashflow.
The Greek shipowner’s ability to address the ebbs and flows which characterise the shipping industry has served them well in the past and they need to re-commit in order to…
AP Moller – Maersk has sold its stake in French oil and gas company Total for EUR884m ($1bn).
China Shipbuilding Industry Company (CSIC) says that engineering repair, conversion and recycling units Dalian Shipbuilding Industry Marine Services and DSIC Steel Engineering Co are facing bankruptcy.
PSA International (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) managed by IFM Investors, have signed an Agreement, to jointly acquire 100% of the shares…
Singamas Container Holdings has entered into a framework agreement to dispose of five of its wholly-owned subsidiaries for up to RMB4bn ($595.9m) in cash, a significant sale that is set…
Continuing on the M&A trail BW Group has launched a takeover offer for small pressurised LPG carrier owner Epic Gas after taking a majority stake in the company.
CEVA Logistics is expected to apply for a delisting from Switzerland’s stock exchange, following CMA CGM completing the acquisition of 89.47% shares in the Swiss freight forwarder.
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