Following a challenging period for the global economy and shipping in a year which saw a record level of International Group (IG) pool claims, North is reporting positive returns for its 2020-2021 financial year.

On March 30, COSCO SHIPPING Specialized Carriers Co., Ltd. (COSCO SHIPPING Specialized) released its 2020 annual results, which shows a year-on-year increase in the operating profit.

The annual report 2020 for the DESMI Group, which is described satisfactory, has just been approved.

Global safety solutions leader Survitec announcedthat it has completed a £270 million refinancing with funds managed or advised by the Credit Group of Ares Management Corporation (“Ares”), a leading global alternative investment manager. 

The rating agencies Moody’s Investor Service (Moody’s) and Standard & Poor’s Global Rating (S&P) have today published updated credit ratings for Hapag-Lloyd.

Resilience in the face of volatility during an extraordinary year.