Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

NAT Agrees Financing Terms for Suezmax Trio

Bermuda-based Nordic American Tankers (NAT) has signed the main terms for the financing of the outstanding ...

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Alpha Bank Secures USD 250 Mn for Shipping Industry

Greek lender Alpha Bank has completed a financing transaction of USD 250 million through shipping securitisation ...

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Scorpio Bulkers Secures USD 85.5 Mn Loan

Monaco-based dry bulk shipping company Scorpio Bulkers Inc. has received a commitment for a loan facility of up to ...

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Royal Caribbean Inks Financing Deals for Icon Ships

Miami-based cruise company Royal Caribbean International has entered into credit agreements for the financing of ...

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Fleetscape Raises USD 400 Mn of Capital

Capital provider to the maritime industry Fleetscape Capital Holdings Limited (Fleetscape) has collected USD 400 ...

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BW Gas Gets Financing for BW Integrity FSRU

Credit Agricole Corporate and Investment Bank (CA-CIB) and KfW-IPEX Bank (KfW) have provided a USD 191.8 million ...

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Chinese Banks- New Source of Capital for Shipping?

Chinese banks seem to be the emerging power when it comes to securing capital for the shipping industry. The market ...

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Frontline Agrees Loans to Partially Finance Four Ship Deals

Tanker owner and operator Frontline signed two senior secured term loan facilities of USD 110.5 million each to ...

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Capital Product Partners Secures USD 460 Mn Loan

Athens-based shipping company Capital Product Partners has secured a new USD 460 million loan for the refinancing ...

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Costamare Secures Financing for Containership Duo

Greece-based containership owner Costamare has secured financing for two second hand vessels, the 4,957 TEU ...

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Höegh LNG Nets Financing for FSRU#8

Owner and operator of floating LNG import terminals Höegh LNG Holdings has received commitment letters for a USD ...

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Petrofin Research: Bank Ship Lending Dwindles

The shipping industry saw USD 42.5 billion removed from the ship lending jar in 2016, according to Petrofin ...

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Exmar Secures Final USD 200 Mn for Caribbean FLNG

Belgium’s LNG and LPG carrier owner and operator Exmar has secured a USD 200 million financing for its floating ...

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ICC: USD 1.6 Trn Gap in Global Trade Finance

There is a USD 1.6 trillion shortfall in trade finance globally, the International Chamber of Commerce (ICC) said ...

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Eimskip Secures Loan for Construction of Boxship Duo

Reykjavik-based shipping company Eimskip has reached an agreement for the financing of the construction of ...

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DryShips Eyes New Loans to Grow Fleet

Nasdaq-listed shipowner DryShips Inc. has fully repaid its remaining commercial loan facility worth USD 15.2 ...

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BW LPG Inks Refinancing for Six Ex-Aurora Ships

Singapore’s gas carrier owner BW LPG Limited has signed a debt facility agreement of USD 290 million for the ...

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Oman Shipping Secures Funds for 10 Tankers

Omani government-owned Oman Shipping Company (OSC) has secured USD 227 million in debt to finance the acquisition ...

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DHT Holdings Locks Financing for VLCC Newbuilds

Crude oil tanker operator DHT Holdings has secured bank financing for the two 318,000 dwt VLCCs newbuildings ...

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Euroseas Secures Loan to Finance Ultramax Newbuild

Greek shipping company Euroseas informed about the signing and service of a drawdown notice under a USD 10.86 ...

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Cosco Shipping Inks USD 26 Bn Financing Deal with CDB

Shipping giant China Cosco Shipping Group (Coscocs) has entered into a CNY 180 billion (USD 26 billion) financing ...

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