Finance & Insurance

China State Shipbuilding Corporation (CSSC), has inked newbuilding contracts for 36 newbuildngs worth a total contracts value of over RMB10bn ($1.48bn) and financed by its Hong Kong leasing arm.
Mediterranean Shipping Company (MSC) has secured $439m of Sinosure-backed financing to equip 86 scrubbers on its ships.
CEVA Logistics board has recommended its shareholders do not accept a public tender by CMA CGM for the shares in the company it does not already own.
Chinese-listed ship technology company Bestway Marine & Energy Technology’s chairman faces prosecution for debt default that may lead to the bankruptcy of the company.
As it enters its fourth year of operation Emirates Maritime Arbitration Centre (EMAC) is continuing raise awareness of its services to the business community and promote knowledge sharing through networking…
General Average has been declared on the Hapag-Lloyd containership Yantian Express which suffered a container fire on 3 January.
Foreign shipping agencies will soon have the right to operate independently at Saudi Arabian ports, rather than having to work with a local investor.
The Maritime Anti-Corruption Network (MACN) has seen more than a 90% reduction in corruption incidents in Argentina since collective action in the South American country.
Freight rate opened the week on weaker market fundamentals with concern over the China’s economic slowdown and the softening Panamax market. These left the Capesize market with little trading activities…
These days it is almost impossible to discuss or view anything taking place in the UK except through the Brexit prism. Truly, it’s hard to remember a time when it…
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