Maritime Banking

Latest News for: Maritime banking

Edit

US approaching China from position of patience and is not in hurry: White House

Indian Express 10 Apr 2021

“We remain concerned by the amassing of Chinese maritime militia vessels in the Union Bank area of the South China Sea ... Business Aviation Banking & finance Budget Business Other Companies Economy Market Education Students Voice Study Abroad More Elections Brand Solutions.

Edit

Taylor Maritime targets London listing

Splash24/7 08 Apr 2021

Taylor Maritime is closing in on an IPO on the London Stock Exchange, Splash can exclusively reveal, set to be the first shipping listing in the UK capital for a number of years. Taylor Maritime was founded in 2014 ... up support, with Jefferies the appointed bank.

Edit

Pole Star Receives Significant Growth Investment to Accelerate Maritime Trade Digitalisation, Surveillance, and Sustainability Solutions

The Marshall News Messenger 07 Apr 2021

“All components of the maritime sector are now entering a significant digitalisation phase, driven by ... The company provides services to over 1500 clients including shipping companies, government agencies & ports, banks & commodity trade finance firms, along with many other maritime services stakeholders.

Edit

Harris Antoniou returns with new leasing company backed by the Latsis family

Splash24/7 06 Apr 2021

Antoniou, whose background includes stints with ABN AMRO and Amsterdam Trade Bank, has founded Neptune Maritime Leasing with the Lastis’ Latsco family office as anchor investor ... The strategy laid out by Antoniou is buy assets and get involved in sale and leaseback transactions across a diverse range of maritime sectors.

Edit

China intrudes yet again in South China Sea

Beijing News 05 Apr 2021

China is making a move from its playbook for additional maritime territory ... There is no Chinese Maritime Militia as alleged ... Indeed, research proves that elements of the People's Armed Forces Maritime Militia (PAFMM), a subset of the PLA's long chain of command, are heavily present in the Union Banks.

Edit

Philippines warns China to 'get out' as boats gather in disputed waters

Yahoo Daily News 05 Apr 2021

An investigation by Foreign Policy last week revealed at least seven of the vessels operating in the last month around the Union Banks, and Whitsun, belonged to the People’s Armed Forces Maritime Militia (PAFMM), citing evidence from automatic identification system (AIS) signals.

Edit

Wind ... or worse: was pilot error to blame for the Suez blockage?

The Observer 04 Apr 2021

The speed of the ship’s liberation – six days - can be a source of pride to Egyptians, with their plucky tugs and tireless excavators, though the wisdom of sending a ship that had rammed into a bank at speed, up the canal using its own engine, would have most maritime safety experts scratching their heads ... “Maritime laws are written in blood.”.

Edit

"Illegal Structures" Spotted at Contested S. China Sea Reefs

The Maritime Executive 03 Apr 2021

On Thursday, the Philippine military said that it has found "illegal" structures on reefs at Union Banks, a drowned atoll where Chinese maritime militia vessels have been massing over the course of the past month ... Union Banks is located in the Spratly Islands, about 50 miles to the west of Chinese-occupied Mischief Reef.

Edit

Iran Plans to Export Gas, Power to Oman

Kayhan 03 Apr 2021

He further explained that, "The mutual agreements include facilitation of maritime transport, banking relations between the two countries, facilitation of trade between the two countries, the establishment of business centers and marketing offices for companies, as well as the exchange of trade delegations.” ... ....

Edit

From Liechtenstein to Hong Kong: How Cuba uses shell companies to thumb its nose at embargo

Finger Lakes Times 02 Apr 2021

The findings build on earlier reporting published in February as part of a global investigative collaboration called OpenLux, which spotlighted how the small European nation of Luxembourg was used as a camouflage for Cuban maritime operations ... The bank was incorporated as a joint venture in 1993, and Acemex was one of two Cuban partners in it.

Edit

Philippines says illegal structures found on reefs near where Chinese boats swarmed

The Citizens 01 Apr 2021

The Philippine military said Thursday it has discovered illegally built structures on features in the Union Banks, a series of reefs in the South China Sea near where Manila says Chinese maritime militia boats have been swarming in recent weeks.

Edit

‘Offense to PH sovereignty’: Sobejana confirms illegal, man-made structures in Palawan’s Pagkakaisa Banks

Manila Bulletin 01 Apr 2021

... on some features of Palawan’s Pagkakaisa Banks ... Sobejana said the discovery was made during regular maritime patrol (marpat) Wednesday, March 30 in the Pagkakaisa or Union Banks that are within the Kalayaan Islands Group (KIG) under the Municipality of Kalayaan, Palawan.

Edit

Crucial to tone down hype over Whitsun Reef in S China Sea

Asiatimes 01 Apr 2021

Erickson (and a co-author, Ryan Martinson) subsequently qualified this allegation in a Foreign Policy article by asserting that at least seven of the more than 200 Chinese vessels are maritime militia that have been operating at the Union Banks, including Whitsun Reef.

Edit

‘Illegal structures’ spotted in Union Banks in WPS — AFP

The Philadelphia Inquirer 01 Apr 2021

The AFP said a maritime patrol was conducted on March 30 over the "Pagkakaisa Banks" or Union Banks, a group of features that are within ...

Edit

Suez planners ponder changes in wake of Ever Given grounding

Splash24/7 01 Apr 2021

On whether upgrades will need to be made to Suez infrastructure, Ninan Oommen Biju, senior port and maritime transport specialist at the World Bank, told Splash ... A spokesperson for the SCA said that studies of the maritime course, whether by adding channels or deepening, are subject to periodic studies.