Assets News
CMV's Cruise Ships Ordered Auctioned as Former CEO Acquires AssetsSeven weeks after the UK-focused cruise line Cruise and Maritime Voyages collapsed due to the pandemic and went into administration, a British court has ordered the sale of the cruise ships the company formerly marketed.10 September 2020 Thursday 13:00
Hess Corp Sells Offshore Equatorial Guinea AssetsHess Corporation has entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017.25 October 2017 Wednesday 14:11
World Marine sells chunk of assets to ST Engineering for $25mRig repair, fabrication and services company World Marine of Mississippi (WMM) has sold a number of its assets to Singapore Technologies Engineering for $25.29 August 2017 Tuesday 00:04
Sinotrans to acquire logistics assets of China MerchantsSinotrans to acquire logistics assets of China Merchants23 August 2017 Wednesday 16:57
Dalian Port integtares container terminal assetsDalian Port Group has announced a plan to integrate its container terminal assets.04 August 2017 Friday 17:30
Turkish Petr. transfers assets to Turkish Petr. Int. CoThe cabinet decree for transfer is published in Official Gazette on Thursday20 July 2017 Thursday 16:03
UCL Holding mulls IPO of transport assetsRussia's UCL Holding, which manages the transport assets of steel tycoon Vladimir Lisin, is looking to list its rail, shipping and stevedoring firms according to Lisin's son.19 July 2017 Wednesday 15:45
JP Morgan Targets Distressed Shipping Assets with USD 480 Mn FundJP Morgan Asset Management has raised USD 480 million from insurers and pension funds aimed at investing into distressed shipping assets.21 June 2017 Wednesday 00:04
COSCO Shipping to Sell Stake in Shipyard AssetsCOSCO Shipping International (Singapore) has decided to sell equity interest in its shipyard assets for a price of CNY 1.46 billion (USD 211.5 million) to COSCO Shipping Heavy Industry.06 May 2017 Saturday 11:14
Ship Finance Continues to Diversify Its Assets PortfolioBermuda-based ship owner Ship Finance International Limited reported a net income of USD 28.5 million for the quarter ended December 31, 2016, down from USD 32.2 million seen in the previous quarter.01 March 2017 Wednesday 11:42
Korea Line’s Shareholders Reject Purchase of Hanjin AssetsThe shareholders of the South Korean shipping company Korea Line Corp., part of SM Group, have refused to approve the purchase of Hanjin Shipping’s Asia-US route network, according to Yonhap News Agency.03 January 2017 Tuesday 10:14
Hanjin Shipping tells bankruptcy court its US assets are far less than its liabilitiesFailed South Korean giant Hanjin Shipping told a New Jersey bankruptcy court on Tuesday that its liabilities in the US are far greater than its assets there.28 December 2016 Wednesday 10:28
Petrobras sold offshore oilfield assets worth 2.2 billion USD to TotalThe Brazilian state-owner oil giant Petrobras sold offshore oilfield assets to French energy company Total for 2.2 billion USD.23 December 2016 Friday 13:24
Pacific Radiance integrates Mexico assetsOffshore marine services provider Pacific Radiance is transferring its key operations and assets in Mexico into a joint venture.23 December 2016 Friday 10:46
Fredriksen old boys’ club targets cheap drilling assets with ‘son of Seadrill’A clutch of former confidantes of John Fredriksen have come together to make a big splash in the drilling sector.20 December 2016 Tuesday 12:03
China Cosco Shipping Pools Shipbuilding AssetsChina Cosco Shipping Group has integrated all of its shipbuilding assets into one unit – Cosco Shipping Heavy Industry (CSHI).17 December 2016 Saturday 13:26
Statoil takes over Brazilian offshore assets from PetrobrasNorwegian oil major Statoil has announced that it has completed the acquisition of Petrobras’ 66% operating interest in the BM-S-8 offshore licence in Brazil’s Santos basin.23 November 2016 Wednesday 14:38
HMM and Korea Line vie for Hanjin’s US assetsIt’s come down to a straight shot between Hyundai Merchant Marine (HMM) and Korea Line Corp for the assets of Hanjin Shipping’s US operations, including five 6,500 teu ships and a stake in a terminal in Long Beach.11 November 2016 Friday 09:42
