Finance & Insurance

State-owned Vietnam National Shipping Lines (Vinalines) plans to divest capital from 13 member companies this year, Vietnamese media have reported.

Bestway Marine & Energy Technology announced that has received court order for restructuring, but warns of the risk of bankruptcy if the restructuring fails.

Dubai-headquartered dry bulk shipowner Tomini Shipping has been registered for a listing on the Norwegian Over the Counter market (NOTC).

DP World is set to delist from Nasdaq Dubai as its parent Port and Free Zone World concluded that the disadvantages of maintaining a public listing outweigh the benefits.

The rise of the UAE as a maritime jurisdiction means that the community need to better understand how to navigate the different types of proceedings that take place.

Bankrupt Chinese liquid cargo shipping company Fenghai Shipping is being taken over by DCL Investments in a restructuring deal.

Crewing and commercial issues were in focus in a Capital Link webinar on the impact on shipping of the coronavirus (Covid-19).

The deepening of the lower Mississippi river deepening to 50 feet has received funding approval and will be included in the US Army Corps of Engineers work plan 2020.

The Greek government has vowed “2020 will be a year of change for Greek shipping”.

The impact of the EU, OECD, and US agency OFAC, on the maritime industry and the need for transparency were in focus at the regulation session of Norwegian and Hellenic Chambers of Commerce conference in New York.