Everybody Is Looking into LNG as Marine Fuel

WinGD: LNG is one of the most appealing marine fuel options ahead of 2020 sulphur cap.

Seaspan Unveils Share Offering

Money

Seaspan to use net proceeds from share offering for general purposes, which may include acquisitions.

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TOP Ships Secures Financing for New Suezmaxes

Money

TOP Ships received approval for USD 92.5 million via sale and leaseback deals to finance two Suezmax newbuildings.

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Scorpio Bulkers Adds USD 34 Million to Loan Tally

money

Scorpio Bulkers has received a commitment for a loan facility of up to USD 34 million.

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Navios Maritime Containers Launches IPO

money

Navios Maritime Containers has commenced an initial public offering of over 5.2 million common units.

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GoodBulk Eyes USD 83 Mn in New Capital

Bulk carrier

GoodBulk has embarked on an ambitious capital raising campaign as it welcomes new ships into the fleet.

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Seaspan Inks USD 150 Mn Credit Facility

Financing

Seaspan Corporation has closed a USD 150 million revolving credit facility.

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Höegh LNG Seals USD 206 Mn to Finance FSRU #10

Hoegh Grace

Höegh LNG has received a commitment letter for a sale and leaseback financing for FSRU #10.

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Hoegh LNG Marks 'Good Progress' on FSRU #10 Financing

Hoegh Grace

Höegh LNG is pushing ahead with securing financing for its newbuild FSRUs.

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Teekay LNG Raises USD 100 Mn from Bond Issuance

Finance

Teekay LNG Partners L.P. has collected around USD 100 million from the issuance of NOK 850 million of bonds.

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Mercuria Becomes Aegean Marine's Sole Lender

Money

Mercuria became the sole lender under Aegean Marine's U.S. and global revolving credit facilities.

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DHT Holdings Raises Fresh Funds, Agrees Convertibles Deal

DHT Leopard

DHT Holdings agreed to exchange existing convertible notes due 2019 and entered into private placement contracts.

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Genco Receives 2 Capesize Bulkers, Signs New Credit Facility

Bulker

Genco Shipping & Trading Limited takes delivery of two Capezise vessels and inks a five-year credit facility. 

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Danaos Slashes Debt by Over Half a Billion USD

Danaos

Danaos Corporation has cut its debt by over half a billion dollars.

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DIS Bags Another Sale and Leaseback Deal for MR Tanker

product tanker

d’Amico International Shipping inks sale and leaseback deal for another medium-range product tanker.

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Latsco Gets More Funds to Finance Construction of MRs

Tanker

Latsco Shipping secures more money to finance the construction of its MR product tankers.

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MSC Cruises Agrees USD 1.7 Bn Loan for New Seaside EVO Ships

MSC Meraviglia

MSC Cruises secured an EUR 1.5 billion financing for two new Seaside EVO class cruise ships.

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Scorpio Bulkers to Finance 12 Ships with New Loan

Money

Scorpio Bulkers has received a commitment for a loan facility of up to USD 184 million.

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Höegh LNG Agrees Financing for Ninth FSRU

Money

Höegh LNG has received commitment letters for a USD 177 million debt financing for FSRU #9.

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SC Lowy Acquires Shipping Loan Portfolio from Italian Bank

Money

SC Lowy acquires the portfolio of bad shipping loans from Banca Monte dei Paschi di Siena.

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CLdN Cobelfret Gets Loan to Buy RoRo Pair

CLdN Cobelfret has secured a loan from a German bank to buy two new roll-on/roll-off vessels. 

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KOBC to Offer Financial Support to 10 Shipping Firms

Money

KOBC said it would offer financial support to ten small and medium-sized shipping companies.

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FSL Trust Refinances Existing Syndicated Loan

Money

FSL Trust completed the refinancing of all outstanding amounts under an existing syndicated loan.

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Frontline Eyes Up to USD 100 Mn from ATM Equity Offering

tanker

Frontline hires Morgan Stanley to sell up to USD 100 million of its common shares.

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TOP Ships Looking to Secure Funding for Newbuilding Trio

Money

TOP Ships is in talks on financing deals related to its three newbuildings under construction in South Korea.

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TOP Ships Clears the Way for MR2 Newbuilding Delivery

USD

TOP Ships secures all of the required shipyard installments for taking delivery of M/T Eco Marina Del Ray.

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Liberia: Financing Charters to Be Recorded as Ship Mortgages

Liberia amends its maritime law to allow lease financing structures to be recorded as mortgages.

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Diana Shipping Agrees New USD 75 Mn Loan

Money

Diana Shipping signed a term loan facility with French banking group BNP Paribas for up to USD 75 million.

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