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Munich Re closes on full-year profit target after less profitable Q3
Reinsurance giant Munich Re has nearly reached its full-year profit target for 2018 after the first nine months of the…
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AIG unit Validus to exit Iran-related insurance
(Reuters) - American International Group Inc. is exiting business activities in Iran that came with a subsidiary it acquired and…
Royal Caribbean Opens New PortMiami Terminal
Miami-based cruise line operator Royal Caribbean Cruises officially opened its new terminal at PortMiami on November 2. The new cruise…
Virgin Voyages Orders Another Ship from Fincantieri
Italian shipbuilder Fincantieri has signed a contract to build a fourth cruise ship for the cruise ship company Virgin Voyages.…
COSCO Shipping Ports’ Profit, Revenue Jump in 3Q
Hong Kong’s port operator COSCO Shipping Ports (CSP) delivered a rise in profit attributable to equity holders, as revenue surged…
DryShips to Purchase Quartet from Economou Entities
Greece-based ship owner and operator DryShips has reached an agreement to buy four vessels from entities owned by its Chairman…
Cyprus: Revenue from ship management climbs to a five-year high
Revenue generated by the Cyprus ship management industry in the first half of 2018 amounted to €506 mln, or 5.1%…