GMS: June A Busy Month As Leading Cash Buyer Attends Events In Norway And Geneva

We kick-started June participating at NOR-SHIPPING Week, the largest maritime fair in Norway, where shipping...

Less Cash Onboard Isn’t Just A Saving, It’s Necessary For Sustainability, Says ShipMoney

Speaking at CrewConnect Europe earlier today, global maritime financial services company ShipMoney has advised maritime leaders that reducing the amount of cash onboard can help in the industry’s drive towards sustainability.

Hanjin Shipping sells London property for $57m to raise cash

South Korea’s Hanjin Shipping announced that it has sold its London office for KRW66.7bn ($57.2m) as the...

Yangzijiang takes up cash management solution at China Merchants Bank

Yangzijiang Shipbuilding has signed up for a cross-bank solution for cash management (CSB) service provided by China Merchants Bank’s Wuxi branch, designed to help the company meet cash and treasury management needs. ...

Pension, labor disputes dog Greek talks as cash dwindles

Wide differences over pension and labor reforms continued to dog intensive negotiations between Greece’s leftist government and its international creditors despite...

Greece’s cash crunch is getting serious

Treasury bill auctions are supposed to be boring and routine, so it isn’t encouraging that Greece’s attempt on Wednesday to...

Greece pleads cash running out, told to hasten reforms

Greece made another plea to the euro zone for cash to avert bankruptcy but was told to present an improved list of...