Finance & Insurance

The Shanghai Petroleum and Natural Gas Exchange (SHPGX) will launch an international LNG ship and cargo tender service by the end of this month.

With the UK set to leave the European Union, Steamship Mutual Europe has set up a new insurance company in Cyprus to service its clients all over Europe and started writing business.

The Panama Canal Authority (ACP) has won an arbitration ruling in a long-standing dispute between the ACP and Grupo Unidos por el Canal (GUPC), the consortium that constructed the expanded canal’s third set of locks.

Continuing initiatives to develop Hainan as a special economic zone in China is offering a value-added tax concession for vessels registered there.

During the past year, the ESG (Environment, Social, and Governance) theme has been rapidly infused into the maritime investment space.