Berita

HSH offloads shipping NPLs totalling billions – currency exposure decreases

13 Jul 2016
1595
INSA

HSH Nordbank transferred a portfolio of non-performing loans from ship financing with a volume of EUR 5 billion (as at 31 December 2015) to hsh portfolio-management AöR of majority owners Hamburg and Schleswig-Holstein effective 30 June 2016, as planned.

Greek parliament rubber-stamps sale of Piraeus stake to COSCO

13 Jul 2016
1551
INSA

Greek lawmakers on Thursday ratified the sale of a majority stake of Piraeus Port to China COSCO Shipping, a major privatisation project of the bailed-out nation under a left wing government.

Baltic index rises for eighth straight session

12 Jul 2016
1569
INSA

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its rise on Friday, for an eighth consecutive session, on stronger demand across all vessel segments.

Construction Start On Johan Sverdrup Riser Platform

12 Jul 2016
1580
INSA

Project director for Johan Sverdrup Kjetel Digre, project manager for the riser platform and the processing platform Ståle Nordal and head of Samsung Heavy Industries’ offshore division Younsang Won led the formal celebration of the construction start in

10 Ship Terms And Definitions Even Smart People Misuse

12 Jul 2016
17510
INSA

Ship terms related to the nautical industry are often misunderstood not only by the people outside of the industry but also from who are part of it. Such misunderstanding of terms or definitions can lead to confusion among people, resulting in accident, l