Industry Sectors:Finance & Insurance

Finance & Insurance

The Baltic Exchange has outlined changes to its indices reflecting the growth in sizes of vessels.
George Economou's Ocean Rig and its subsidiaries have filed for bankruptcy restructuring with the appointment of provisional liquidators.
Cyprus is back. Decisive reforms, prudent fiscal management, hard work and the peoples' determination have seen the country exit earlier than expected from the economic adjustment programme instigated by the…
Cosco Shipping International (Hong Kong) Co has reported a fall in annual net profit on the back of the downturn in the international shipping industry marked by lingering oversupply.
DHT Holdings, Inc. has splashed out approximately $538m to buy BW Group’s entire fleet of 11 VLCCs, including two newbuildings due for delivery in 2018.
South Korea’s government has on Thursday unveiled a KRW2.9trn rescue package for cash-strapped Daewoo Shipbuilding & Marine Engineering (DSME).
Capital Link’s 2017 Shipping Conference, now in its 11th year, drew a standing-room only crowd, with financial industry participants greatly outnumbering shipping people.
2017 for shipping will be a year of retrenchment rather than improvement, according to what most respondents believed in a regular survey conducted by Moore Stephens, with shipping confidence holding…
First Ship Lease Trust’s (FSL Trust) auditors Moore Stephens have flagged going concern issues in relation to its 2016 financial statements.
Beleaguered Singapore shipping trust Rickmers Maritime has until 15 April to present a revised restructuring plan to its main financier HSH Nordbank.
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