Cosco takeover of OOCL cleared for completion

Cosco Shipping Holdings has received all the approvals required for its takeover of Orient Overseas International one day ahead the 30 June deadline for the $6.27bn.

Completion Of The Winding Up Of Rickmers Maritime

Rickmers Trust Management Pte. Ltd., in its capacity as trustee-manager (the “Trustee-Manager”) of Rickmers Maritime (the “Trust”) refers to the announcement dated 15 August 2017 in relation to the final distribution made to the unsecured creditors of the

Egypt on verge of completion of Suez Canal expansion

Egypt is to complete the Suez Canal Expansion project on 1 August, according to one of the leading international dredging companies involved in the project. ...

Sainty Marine faces troubles with newbuilding deliveries and completion

Chinese shipyard Sainty Marine has announced that Precious Shipping has refused to take delivery of two 64,000 dwt bulkers, and it may not be able to fulfil some newbuilding contracts. ...

CNOOC announces completion with BG Group for additional interests in QCLNG project

China National Offshore Oil Corporation (hereinafter referred to as "CNOOC") finalizes the completion with BG Group...