May 15, 2024
Property

China Credit Calm Will Be Tested by Maturities, Property Crisis

January 16, 2024, 7:00 AM UTC China’s calmest offshore credit market in years will be tested in coming months by maturities at major developers and ongoing weakness in the property market. A gauge of credit stress in the nation’s offshore bond market held at 1 in December, according to Bloomberg’s China Credit Tracker, matching November’s

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Investment

MOL Expands Investments in Wind Energy by Buying Maintenance Company

As part of its strategy to expand into the offshore wind energy sector and other non-shipping businesses, Mitsui O.S.K. Lines has agreed to acquire a majority of the outstanding shares of Hokutaku Co., Japan’s largest wind turbine maintenance company. The acquisition represents an expansion of a relationship between the companies that also includes a wind

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