Jinhui cuts losses in 2016

February 28, 2017 Michael Grinter 0

Hong Kong-listed Jinhui Shipping and Transport managed to reduce losses in 2016, from the 2015 figure of US$378.74m to US$189.09m. The 2016 result was marred by impairment loss on owned vessels worth US$113.01m, together with […]


Captive insurance: for and against

February 21, 2017 Michael Grinter 0

Following the news that China Cosco Shipping has established its own captive insurance vehicle, China Cosco Shipping Captive Insurance Co. Are such moves toward corporate self-insurance likely to increase? Captive insurers are not unknown in […]

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