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Chinese politics & policy
Family squabbles rock boat in landmark China reparations case
...Activists and lawyers seeking reparations from Japanese companies for other Chinese citizens said the fight over the Chen money was as unusual as Chung Wei Steamship Co’s original claim....
April 25, 2016
UK banks
Co-op Bank shares to be traded in online auction
...Asset Match’s system has been used for private company investments from the 95-year-old Isles of Scilly Steamship Company to BrewDog, the “punk” beer maker that has crowdfunded at least £10m of investment...
August 31, 2015
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
World
Mitsui OSK settles to free ship impounded in China
...The Chen family, heirs to Chung Wei Steamship Co, have pursued their commercial case for decades in Tokyo and Shanghai....
April 24, 2014
Shipping
The Chen family’s ship comes in, after four generations
...The court said Chung Wei Steamship Co no longer existed. The brothers – who operated a small trading company importing toys and wine to Shanghai – registered a company in Hong Kong under that name....
April 25, 2014
World
Japanese ship seized in wartime claims row
...The case is a rare victory for the descendants of Chen Shuntong, the owner of Chung Wei Steamship Co, who lost his fortune in the war....
April 21, 2014
Shipping
STX Pan Ocean files for receivership
...Its application for receivership follows the bankruptcy last year of Sanko Steamship, while another Japanese competitor, Daiichi, received emergency financing from a large shareholder in October....
June 7, 2013
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Inside BusinessBanks
Japan, where capital flows to yesterday’s companies
...In July, Sanko Steamship filed for bankruptcy with $2bn of debt – a victim of shipping oversupply, rising fuel prices and declining freight charges....
September 4, 2012
Shipping
Sanko bankruptcy blow for bulk shipping
...Sanko Steamship, one of Japan’s largest shipping companies, is meeting international creditors in London on Monday to discuss its restructuring plan after it filed for bankruptcy and stopped paying full...
July 8, 2012
Shipping
Sanko Steamship seeks standstill on pay
...Shipowners worldwide could be facing the biggest single default of the global shipping crisis after Sanko Steamship, one of Japan’s largest privately held shipping lines, asked owners of its more than 150...
March 26, 2012
US & Canadian companies
General Electric likes the view Down Under
...Named after a steamship that used to ply the local waters, Gorgon will cost A$43bn ($44bn) to develop and once fully operational will produce 15m tonnes a year of liquefied natural gas – equal to eight months...
July 30, 2012

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