Cosco Shipping (Singapore) sees full-year profit surge 261%
However, Singapore-listed entity reported lower revenue at its bulker arm despite record rates
Cosco Shipping (Singapore) sees full-year profit surge 261% Read More »
Finance
Danish windfarm vessel owner defaults on bond as talks start on capital boost to speed sale
Ziton still hoping to pull off major transaction with improved balance sheet
Hafnia agrees sale-and-leaseback deal for Scorpio LR1s with ICBC
BW Group-backed owner to take vessels back on bareboat charter-in the vessels for a period of 10 years
Hafnia agrees sale-and-leaseback deal for Scorpio LR1s with ICBC Read More »
Singapore banks introduce restrictions on Russia commodity trade financing
City state is also taking unprecedented step of initiating sanctions against Russia without a UN resolution
Singapore banks introduce restrictions on Russia commodity trade financing Read More »
Creditor pressure forces Genting’s last cruise ship to the wall
Beleaguered cruise giant says deteriorating liquidity makes it impossible for World Dream to carry on cruising
Creditor pressure forces Genting’s last cruise ship to the wall Read More »