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Singapore’s Temasek Holdings' Heliconia Capital Management is set for $600m rescue package to Pacific International Lines (PIL) with the container line warning of liquidation if creditors do not back the plan.
Sustainability in shipping is not just about the environment and Michael Grey highlights the issue of human rights of seafarers and the conduct of charterers.
Singapore’s Pacific International Lines (PIL) announced on Monday that it is looking to start a scheme of arrangement process to be proposed to its creditors.
Shipping market forecasters can take solace in the fact the US election pollsters and pundits also have a dismal record as was drawn out in the latest Presidential election.
A stellar line-up of winners has been announced during the first Seatrade Maritime Awards International event – held in Shanghai, China – co-organised by Shanghai International Port Group (SIPG).
In this episode leading Hong Kong lawyer Rosita Lau, Partner with Ince & Co, discusses developments in the sphere of maritime law in the Special Administrative Region in 2020.
Benjamin Wong, Head of Maritime Cluster of Invest Hong Kong, describes what makes the Special Administrative region such a vibrant maritime hub and talks about some of the initiatives the government is undertaking to stay ahead.
A new initiative to settle small claims in maritime and oil and gas – SCRIBE or Small Claims Resolved Informally by Experts – administered by LWP.SG Consultants in Singapore, has been soft launched.
The 27-member crew of The Hellenic Navy minesweeper Kallisto lost its stern after being in collision with a container ship off Piraeus port just after daybreak on 27 October.