The Latest Breaking News from Oceanwide

Could cruise ship passengers sue over the hantavirus outbreak?

Travelers on the MV Hondius find themselves with few legal recourses following a hantavirus outbreak. Oceanwide Expeditions, the company behind the voyage, could face liability if gross negligence is established. All claims will need to be submitted in the Netherlands, where families of those who passed away can also seek…

The Economic Times · May 13

A cruise ship is waiting for help after three people died in a suspected hantavirus outbreak

A cruise ship faces a health crisis off Cape Verde after three passengers died and others fell seriously ill from suspected hantavirus. The vessel, MV Hondius, is denied docking due to public health concerns. Authorities are coordinating evacuations and investigations into the rare, rodent-borne illness. The ship began its journey…

The Economic Times · May 5

L.A.’s notorious ‘graffiti towers’ finally find a buyer in $1.2BN renovation project

Oceanwide Plaza in downtown LA has been acquired through a joint venture between KPC Group and Landlease

The Independent UK · Mar 3

Three Bidders Fight for Minsheng Securities’ Shares in Auction

As debt-laden Oceanwide Holdings offers 30% Minsheng stake for $827 million to cover a $291 million default, bidders include Soochow Securities and Zheshang Securities

Caixin Global · Mar 14, 2023

Developer Oceanwide and Tycoon Lu Zhiqiang Sued in $1 Billion Loan Dispute

China Minsheng Bank is pursuing the firm and its de facto controller for billions of yuan in unpaid debt that they guaranteed

Caixin Global · Jan 23, 2023

Sunac China Gets $1.15 Billion Cash Injection for Shanghai Project

State-owned Huarong and Citic take nearly 90% stake in Sunac unit that owns the incomplete Dongjiadu development

Caixin Global · Dec 1, 2022