Finance & Insurance

Maritime and energy sectors training specialist Mintra Group is set to be listed on Norway’s Oslo Stock Exchange at a price of NOK1.3bn ($139m).

International law firm Ince has opened a new maritime-focused office in Limassol, Cyprus, taking over a local firm LG Zambartas which becomes its sixth office in Europe.

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.

Sanctions on trade have become a critical component in the toolkit of US foreign policy professionals, with the shipping business, at all levels, increasingly caught in the crosshairs.

Leading maritime figures have called for action on reducing CO2 emissions to be global and through the IMO as Europe is set to go it alone on emission trading for shipping in 2022.

Intertanko has reacted with concern over the European Parliament’s vote earlier this week to include both international and EU “domestic” shipping trades into their Emissions Trading System (ETS) by 1 January 2022.

In the wake of widespread anti-China sentiment throughout India the government is examining a proposal to transfer part-ownership of a container terminal at India's busiest port Mundra, in Gujarat, to a Chinese company.

AP Moller - Maersk has finalised the acquisition of KGH Customs Services, a pan-European customs services provider.