Finance lessor shows support for shipbuilder on new lease of life
CST will acquire its peer company, Rigel, operating in Bremen with 23 employees.
Order will raise Norwegian owner’s Kamsarmax fleet to 10 units.
Wah Kwong turns to its regular builder to expand bulker fleet.
Wilmar continues to expand its owned fleet with newbuilding orders.
Sale highlights company’s poor profitability; third consecutive loss looming.
Perth-based shipbuilder supplying US and Australian defence forces has come under attack. Credit: Shutterstock
Following a substantial newbuilding order for 20 feeder ships, Taiwanese intra-Asia carrier has contracted 16,100 containers.
Fleet to transport coal for German energy group RWE.
The transaction points to the growing popularity of Chinese financial leasing.