Marine Freight & Logistics

Qinhuangdao Port Co Ltd announces establishment of subsidiary

Qinhuangdao Port Co Ltd:Entered into the capital contribution agreement of Tangshan Port Investment is 2 billion Yuan, in which the company agreed to undertake a capital commitment of 1.12 billion Yuan.It is representing 56 pct of the total registered capital of Tangshan Port Investment.Upon the...

Friday, 24 Apr 2015

Cecon to request company is declared bankrupt

Cecon ASA:Says the company is unable to present a plan for a compulsory composition and request that company is declared bankrupt.Says due to recent and unforeseen events, company's cash balance (in Escrow against Gdf contract ) was given to Gdf against company's will and understanding of Escrow...

Friday, 24 Apr 2015

Nippon Yusen expects extraordinary loss for FY 2015

Nippon Yusen KK:Expects extraordinary loss of 11,328 mln yen for FY ended March 2015, due to leasing loss from Chiba-based subsidiary.

Friday, 24 Apr 2015

Navios Maritime Holdings Inc, Navios Maritime Acquisition Corporation and Navios Maritime Partners L.P agree to acquire a 14 Vessel Fleet

Navios Maritime Holdings Inc, Navios Maritime Acquisition Corporation and Navios Maritime Partners L.P:Executed a binding letter of intent to acquire 14 vessels from debtors of HSH Nordbank AG through a new joint venture (Navios JV).14 vessels include seven dry bulkers and seven container vessels...

Thursday, 23 Apr 2015

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