VARD’S diversification strategy moving into implementation stage

Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”), one of the major global designers and shipbuilders of specialized vessels, today announced its financial results for the fourth quarter ended 31 December 2016 (“4Q 2016”), an

CMB Financial Leasing eyes bigger shipping assets, portfolio diversification

Shanghai-based CMB Financial Leasing, subsidiary of China Merchants Bank, has affirmed its interest in ship financing amid the industry downturn, with an aim to expand its current $2bn leasing assets in shipping and to diversify its portfolio. ...

Diversification is good, but shipowners also need to understand the risks

Diversification is good for shipping companies but only if companies understand the reasons why they are doing it and the risks involved, according to leading shipping executives speaking at Nor-Shipping 2015. ...

Fitch: Oil Producers Diversification Key to Weathering Price Drop

Sharp differences in export diversification and foreign net asset positions help explain why some oil-producing countries are likely to...

Diversification is the key to China’s shipbuilding future:CANSI

China’s shipbuilding industry is facing a structural change with the recently released shipbuilding white list...

Shipyard diversification a learning process at Drydocks World

Since the collapse of shipping markets during the financial crisis, many companies in the shipping...