Historic coin company enters administration after 20 years

The London Mint Office, which distributes commemorative coins and medals, appointed administrators on July 31 after 20 years in business. The company’s website now displays a message confirming the appointment of Michael Magnay and Jonny Marston of Alvarez & Marsal Europe LLP as joint administrators. A spokesman for Alvarez and Marsal said: “On July 31…

US sanctions push SeaLead Shipping into liquidation

Singapore-headquartered SeaLead Shipping is being liquidated, marking the final chapter in one of container shipping’s most dramatic rises and falls of recent years. Splash understands the company has moved into liquidation following sweeping US sanctions imposed last month that effectively cut the liner operator off from normal international business. The move comes little more than…