Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

Navigator Holdings Inks USD 160 Million Loan

Owner and operator of handysize liquefied gas carriers Navigator Holdings has entered into a secured facility ...

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DryShips Bags Financing for Four VLGCs

Greek shipowner DryShips has won “firm commitment” for a senior secured credit facility of up to USD ...

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Dynagas LNG Partners Secures USD 480 Mn Loan

Monaco-based owner and operator of LNG carriers Dynagas LNG Partners has closed a USD 480 million Senior Secured ...

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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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Gas Ray Shipping to Get Financing for LPG Carrier

Shipowner Gas Ray Shipping LLC has secured a USD 11.8 million loan facility from Cyprus’ Hellenic Bank to ...

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Globus Maritime Gets a Breather from Lenders

Greece-based dry bulk shipping company Globus Maritime Limited said that it has reached agreements with DVB Bank ...

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Rickmers Trust Management Prepays Debt to BNP Syndicate

Rickmers Trust Management, the trustee-manager of Rickmers Maritime, has carried out a voluntary prepayment of ...

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Banks Agree to Delay Seanergy’s Loan Payments

Greek dry bulk owner and operator Seanergy Maritime Holdings Corp. has obtained waiver and deferral for major ...

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Navios Partners Prices New USD 405 Mn Loan

Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has priced its new USD 405 ...

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Latvian Shipping Company Fixes USD 121 Mn Loan

Latvian Shipping Company has completed its loan refinancing procedure, securing a loan of USD 121 million from a ...

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Navios Partners Sees Red Ink, Eyes USD 400 Mn Loan

Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has plunged into red as it ...

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Bahrain LNG Lands USD 741M Loan

Bahrain LNG WLL, the developer and owner of the first liquefied natural gas (LNG) receiving and regasification ...

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Genco Closes New USD 400 Mn Financing

Dry bulk specialist Genco Shipping & Trading Limited has closed on a new USD 400 million loan which will be ...

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Bahri Secures Loan for Five Chemical Tankers

The National Shipping Company of Saudi Arabia (Bahri) has signed an agreement for a USD 133.2 million loan facility ...

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Konecranes Secures Loan to Buy Terex’s MHPS

Finnish manufacturer of cranes Konecranes Plc has signed EUR 1.5 billion (USD 1.6 billion) unsecured financing ...

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Scorpio Tankers Secures USD 300 Mn Loan

Monaco-based tanker owner Scorpio Tankers has received an approval for a loan of up to USD 300 million from ABN ...

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Financial Troubles Push DryShips to Offer Shares

After its shares plunged on Tuesday due to defaulting on three loan payments, the Athens-based owner of drybulk ...

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Scorpio Bags Financing for MR Duo

NYSE-listed tanker owner Scorpio Tankers has received a commitment from NIBC Bank N.V. for a loan facility of up to ...

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DryShips' Ability to Continue Compromised?

 New York-listed owner of drybulk carriers and offshore support vessels DryShips said that it had defaulted on some ...

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Globus Maritime Delays Loan Payments

Greek dry bulk shipping company Globus Maritime Limited has reached agreements with two of its lenders to postpone ...

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Navios Holdings, Navios Acquisition Axe Loan after Lawsuit

Navios Maritime Holdings Inc. and Navios Maritime Acquisition Corporation have terminated the USD 50 million loan ...

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