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Hedge funds hunt for shipping debt in new market push

(Corrects Feb. 20 story to remove incorrect reference to sale of loans by Varde and Oakhill) By Jonathan Saul and Maiya Keidan LONDON (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking... More »

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China`s COSCO Shipping offers $6.3 billion for Orient Overseas Ltd

FILE PHOTO: Containers from China Ocean Shipping Company (COSCO) are pictured at a port in Shanghai, China, February 17, 2016. REUTERS/Aly Song/File Photo COSCO Shipping Holdings Co Ltd (601919.SS) has offered to buy Orient Overseas International Ltd (OOIL) (0... More »

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Mondelez 2nd-qtr revenue growth hit by global cyber attack

The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. REUTERS/Michael Buholzer Mondelez International Inc (MDLZ.O), the world’s second-largest confectionary company, said its second-quarter revenue growth would b... More »

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Maersk says too early to predict financial impact of cyber attack

FILE PHOTO: Empty Maersk shipping containers are seen stacked at Peel Ports container terminal in Liverpool northern England, December 9, 2016. REUTERS/Phil Noble/File Photo Maersk said it was too early to predict the financial impact of last month’s global Pe... More »

Factbox: Hanjin Shipping collapse – by numbers

Container vessel Hanjin Rome sits in the eastern anchorage area in Singapore September 9, 2016. REUTERS/Edgar Su The collapse of South Korea’s Hanjin Shipping (117930.KS), the world’s seventh-largest container carrier, has disrupted global trade networks and d... More »

Hanjin Shipping filed for U.S. bankruptcy protection: WSJ

A crane carries a container from a ship of Hanjin Shipping at Hanjin container terminal at the Busan New Port in Busan, about 420 km (261 miles) southeast of Seoul in this August 8, 2013 file photo. REUTERS/Lee Jae-Won/File Photo Troubled container shipper Han... More »