Industry Sectors:Finance & Insurance
Finance & Insurance
Yinson Holdings is raising more funds, setting up, through its unit Yinson Juniper, a $500m multi-currency perpetual securities programme to finance its general corporate purposes.
China’s Shanghai Shipping Exchange (SSE) has officially launched the Belt and Road shipping indices to track freight data among involved countries, following the completion of a two-year trial, reports said.
China Cosco Shipping Corporation Limited’s (Cosco Shipping) container leasing arm has entered into a deal to buy 154,000 units of secondhand containers for $200.38m.
Oil major Shell has exercised a $1bn cash purchase option for a SBM Offshore majority-owned FPSO vessel for work in the Stones deepwater development in the Gulf of Mexico.
The creditors of bankrupt Rickmers Maritime have approved the sale of its remaining nine ships for a total consideration of $54m to Greece’s Navios group.
Barakah Offshore Petroleum looks to be increasingly moving into Sarawak hands as timber and energy conglomerate Samling Group founder Yaw Teck Seng became the second largest shareholder, after increasing his…