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China oil storage lease helps revive Caribbean refiner Hovensa

By Joshua Schneyer From Reuters Dec 1 A long-sought deal to bring a Caribbean oil refinery out of bankruptcy emerged on Tuesday, unexpectedly including a partnership with U.S. commodity trader Freepoint and handing Asia’s biggest oil refiner, Sinopec, access to…

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What Norwegian Cruise Line’s China move means for the cruise industry

By: Susan Young From Travel Agent Central Today [Oct 12], Norwegian Cruise Line Holdings (NCLH) became the latest cruise company to announce its entry into the Chinese cruise market with a purpose built ship for 2017. Looking at the big…

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Conyers Dill & Pearman launches Asia disputes team

By Natasha Mellersh From CDR The offshore firm has launched an Asia disputes and restructuring group in Hong Kong, appointing a prominent senior advocate to head up the new team. Conyers Dill & Pearman has responded to increasing demand for…

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Charles Fourtree | Papua New Guinea

From the Travel Photograph Papua New Guinea seems to be the end of the earth. It almost is. And it offers intrepid travel photographers some incredible opportunities to document its indigenous culture and traditions. The Goroka festival is probably the…

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Walkers represents beneficial interest holders in successful petition for winding up in the Cayman Islands Court

By Fraser Hern, Joanne Collett, Barnaby Gowrie and Peter Kendall From Walkers Last Updated: 14 September 2015 The frustration of funds and investment houses, holding beneficial interests in notes issued by defaulting Asian corporates, in not being able to cause…

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Law firms eye global market turmoil, China plunge

By Susan Beck, From The Am Law Daily A plunge in stock prices in China, with its nerve-rattling aftershocks in the U.S., may prompt law firms to further scrutinize their strategy in China. The Shanghai Composite Index tumbled 8.5 percent…

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Major greenhouse gases hit record highs in 2014: report

From Caribbean Digital Network | July 17, 2015 (AFP) – All the major greenhouse gases that fuel global warming hit record highs last year, while the planet’s surface temperature reached its hottest point in 135 years, international researchers said Thursday….

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Digicel Sportsmax acquire rights to the IAAF Diamond League 2015 to 2017

Friday, 15th May 2015 – Kingston, Jamaica: Caribbean sports cable giants, Digicel SportsMax today announced that it has acquired the broadcast rights to the coveted IAAF Diamond League 2015 through to 2017. Digicel SportsMax will take Caribbean athletic fans to…

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Uber to raise new funding at a monster $40 billion valuation

By Stan Schroeder From Mashable Uber is close to raising a new round of funding which would bring the company’s valuation to $40 billion, Bloomberg reported Wednesday, citing insider sources. Uber is reportedly looking to raise at least $1 billion….

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Egypt plans to dig new Suez Canal

From Otago Daily Times Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project to expand trade along the fastest shipping route between Europe and Asia. The project, to be run…