Finance & Insurance

With the digital revolution the humble telephone increasingly just gathers dust on people’s desks, but insurers ITIC say it is a useful tool against in combating cyber-crime.

While 2020 was a year of great challenges and changes for the shipping industry, one thing remained unchanged - Greek shipowners were the leading players in the secondhand ship market.

Hudong-Zhonghua Shipbuilding and Jiangnan Shipyard, the two subsidiaries of China State Shipbuilding Corporation (CSSC), have inked shipbuilding contracts with Bank of Communications Financial Leasing for the construction of four mega...

China’s SPDB Financial Leasing has placed an order at Cosco Shipping Heavy Industry for the construction of six 82,000 dwt bulk carriers.

China Development Bank (CDB) Financial Leasing is purchasing 14 product tankers from Maersk Tankers Singapore at a total cost of $422m.

Fireworks, batteries and liquid ethanol were believed to be the contents of the 64 dangerous goods containers lost from the boxship ONE Apus in severe weather in the Pacific last week.

NYSE-listed Seacor Holdings is being taken over by private equity firm American Industrial Partners (AIP) further reducing the roster listed shipping equities in the US.