But Swiss liner giant continues to deny liability, claiming it just wants to ‘move forward’ from the incident
MSC and Costamare agree to jointly fund $45m California oil spill settlement Read More »
China’s ongoing investigation of ship finance is partly political, and observers should be careful about assuming financial misdeeds
Call China’s crackdown on ship finance what it is: a purge Read More »
Trading house moves to sue alleged fraudsters, with poss potentially taking a chunk of its profits
Trafigura sets aside $577m for potential losses after nickel cargoes turn up nickel-less Read More »
A 10th prominent figure in Chinese ship finance is in custody of Communist Party enforcers, according to sources
ICBC ex-gas team leader Zhang Siliang targeted in China graft probe Read More »
Staff of China’s Smarine Advisors are splitting up and starting over after founder Eric Wang was detained by Communist Party investigators
Shanghai finance shop disbands amid Communist Party investigations Read More »