Ukrainian Ports to Become Deeper and Greener

USPA

USPA is making Ukrainian ports greener through a new concept.

Quantum Pacific Shipping Gets USD 40 Mn Loan for Scrubbers

Money

Quantum Pacific Shipping secured a loan to finance the purchase and installation of scrubbers.

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Color Group Nabs USD 141 Mn for M/S Color Magic

Color Lines vesseč

Color Group AS concluded a USD 141 million 5-year financing agreement for its cruise ferry M/S Color Magic.

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Noble's Relisting Plans Face a Hurdle

Singapore authorities will not allow Noble Group to transfer its listing status to New Noble.

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TOP Ships Seals USD 92.5 Mn Sale and Leaseback Deal

Finance

TOP Ships has concluded the USD 92.5 million financial deal for two Suezmaxes under construction at Hyundai Samho.

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Ardmore Concludes Refinancing of Three MR Tankers

ardmore

Ardmore Shipping signs binding agreements for the refinancing of three vessels.

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BC Ferries to Invest USD 3 Bn in Fleet, Terminals

bc-ferries

BC Ferries is to embark on a CAD 3.9 billion capital plan, the largest in the company's history.

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Okeanis Eco Tankers Reaches Its Fundraising Goal

Money

Okeanis Eco Tankers secured USD 45 million as part of its efforts to finance its newbuildings.

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NCL Owners to Raise USD 962 Mn by Selling Shares

Norwegian Bliss

Norwegian Cruise Line owners are looking to collect USD 962.7 million through a public offering.

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Okeanis Eco Tankers Nets USD 59 Mn for VLCC Newbuild

tanker

With the latest facility, the company has secured competitive financing for three of its last four VLCC newbuildings.

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COSCO Shipping Gets “All Clear” to Raise USD 2 Bn

CHINESE YEN

COSCO Shipping Holdings received regulatory approval to raise RMB 15 billion via sale of notes and commercial paper.

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HSH Nordbank AG Officially Privatized

euro

HSH Nordbank AG has become the first successfully privatized state-owned bank in Germany.

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FSL Trust to Raise USD 31.3 Mn for New Ships

Money

First Ship Lease Trust is to raise USD 31.3 million through a non-underwritten preferential offering.

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OSG Closes USD 27.5 Mn Financing

Money

Overseas Shipholding Group closed on a USD 27.5 million of financing from Wintrust Commercial Finance.

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Corpus Christi Gets USD 59 Mn for Ship Channel Deepening

Port of Corpus Christi

US is providing an additional USD 59 million for the Corpus Christi Ship Channel Improvement Project.

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EU Commission Approves Sale of HSH Nordbank

EU Commission

EU Commission approved the sale of HSH Nordbank by Hamburg and Schleswig-Holstein to private investors.

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Seaspan Prepays Credit Facility on Six Vessels

Money

Seaspan Corporation has prepaid a credit facility which was secured by six of its vessels.

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KfW IPEX-Bank Finances Royal Arctic Line's Boxship Duo

Containership

KfW IPEX-Bank is providing USD 34 million to finance two new feeder vessels for Greenland's Royal Arctic Line.

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Aegean Marine Unlocks Funds after First Day Motions Approval

Money

Aegean Marine unlocked USD 532 million in financing after it received court approval of first day motions.

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South Korea Unveils Financial Boost for Smaller Shipbuilders

Money

South Korea has prepared a financial boost to help the country's small and mid-sized shipbuilders.

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Pacific Basin Closes USD 40 Mn Loan Facility

bulker

Pacific Basin Shipping closes a USD 40 million 7-year term loan facility with Danish Ship Finance.

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US Injecting USD 41.4 Mn into Charleston Deepening Project

South Carolina Ports Authority

Up to USD 41.4 million of federal funding has been designated for the Charleston Harbor Deepening Project.

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Nordic Shipholding Reaches Deal on Covenant Breach

Tanker

Nordic Shipholding reached an agreement with shareholder and lenders on covenant breach.

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NYK Plans to Develop E-Money Network

container-ship-

NYK to create a network for onboard financial settlements through the remittance of e-money.

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Fjord1 Agrees New Loan, Gets Ferry Services Deal in Norway

Money

Fjord1 secured a new USD 150.6 million loan and agreed major ferry connection contracts in Norway.

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Atlantska Plovidba Refinances Kamsarmax Duo with New Loan

Bulker

Atlantska Plovidba secured a new loan to refinance two Kamsarmax vessels.

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Ardmore Abandons Public Offering Plan

Ardmore Seavaliant

Ardmore Shipping has decided to abandon its public offering plan as revealed on November 19.

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GulfNav to Buy Four Livestock Carriers

UAE

GulfNav plans to buy four livestock carriers in an effort to diversify its commercial operations.

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