China Sees Second Shipbuilder Default This Year as Economy Slows

A Chinese shipbuilder failed to make a bond payment due Monday, becoming the second such company to default in the onshore market this year.

REM Offshore hit by charterer default

Charterer Adams Offshore has defaulted on a charter for a CSV owned by REM Offshore. ...

Former senior officials sue Jiangzhou Union Shipbuilding over salary default

Two former senior officials of Jiangzhou Union Shipbuilding, have filed a lawsuit at a local court against the yard over salary payment disputes.

Greece and creditors play down fears of imminent default

Greece and its European creditors on Tuesday sought to play down fears that Athens would default on a payment to the International Monetary Fund next week. ...

Chinese shipping firm hit by rent default

Shenzhen-listed Chang Jiang Shipping Group Phoenix Co Ltd said on Tuesday that it has failed...

Why credit default swap affects dry bulk shipping stocks

Credit default swap (CDS) is an instrument investors use to protect a debt investment from defaulting over a...

Recommendation: Use credit default swap price to time entry for shipping companies

Credit default swap (CDS) is an instrument used to protect a debt investment from defaulting over a specific...