• China Buys Up Strategic Sri Lankan Seaport As The...

    A deal between China and Sri Lanka over the Hambantota deep sea port may be done — finally. After nearly a year-long showdown that brought China and India into the ring and sparked tensions and even outright violence between the various facets of Sri Lanka’s political spectrum, the toboggle may now be over . . . at least on paper.

  • Chinese purchases of overseas ports top $20bn in...

    Beijing pushes ahead with spending and new shipping routes through Arctic circle. China is ramping up acquisitions of overseas ports as it expands its reach as a maritime power, doubling its investments over the past year to $20bn and pushing ahead with plans to open new shipping routes through the Arctic circle.

  • American National Insurance Co. TX Has $948,000...

    American National Insurance Co. TX held its position in shares of Ship Finance International Limited (NYSE:SFL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 69,700 shares of the shipping company’s stock at the end of the second quarter. American National Insurance Co. TX owned about 0.07% of Ship Finance International Limited worth $948,000 as of its most recent filing with the SEC.

  • “Finance friendly” France scores late points in...

    A government push to make France more “finance-friendly” is raising Paris’ chances of attracting Brexit-fleeing banks from London although it is raising its game at a late stage in the process, a group of senior financial industry executives said.

  • J.P. Morgan Global Alternatives Raises Nearly $...

    J.P. Morgan Asset Management today announced the closing of its Global Maritime Investment Fund II with $480 million in capital commitments from a broad range of international institutional investors, including pension plans, insurance companies, and endowment and health care entities.


Energising the shipbuilding industry

Shipbuilding has in recent years emerged in Bangladesh as a significant means of export diversification. It has high potential. In a short period, the industry has made a good reputation in the global market. 


Tanker Owners Continue to Order

There have been 146 tanker orders placed through July, compared to just 56 during the same time period last year. The bulk of these orders have stemmed from the VLCC and MR2 classes as 39 and 47 firm orders have been placed.