North Sea Port Ready to Invest in Hydrogen as Fuel

North Sea Port is looking to invest in hydrogen as marine fuel when time comes.

Ship Finance Fetches USD 400 Mn to Finance Boxship Quartet

Money

Ship Finance signed a USD 400 million lease financing to finance four 14,000 TEU container vessels.

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Monjasa Finds New US Banking Partner

Tanker

Monjasa unveils a new credit agreement in the US on the back of positive sales volume developments across the Americas.

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APM Terminals Bahrain Sets Sights on USD 32 Mn IPO

APM Terminals Bahrain

APM Terminals Bahrain is to raise around USD 32 million through its planned initial public offering (IPO).

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Okeanis Eco Tankers to Get Funds for Two VLCC Newbuilds

tanker

Okeanis Eco Tankers secures firm commitments for 2 secured loan facilities to finance its VLCCs.

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Ship Operating Costs Set to Rise in 2018 and 2019

Shipping

Moore Stephens: Total vessel operating costs are expected to rise by 2.7% in 2018 and by 3.1% in 2019.

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Costamare Gets Funds for Newbuilds, Opts for Scrubbers

Containership

Costamare secured financing for newbuildings, opted for scrubbers and bought more ships in 3rd quarter of 2018.

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Dynagas Partners Closes USD 55 Mn Offering

Money

Dynagas LNG Partners has closed its public offering of 2.2 million of 8.75% series B preferred units.

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Star Bulk Repays All Debt from 2016 Finance Restructuring

Petros Pappas, CEO of Starbulk

Star Bulk cleared all debt from its 2016 finance restructuring, making way for vessel additions and dividend payments.

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HMM to Sell USD 883 Mn of Bonds to KDB

HMM vessel

Hyundai Merchant Marine to sell KRW 1 trillion of bonds to state-owned Korea Development Bank.

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Hapag-Lloyd Cruises Secures Funds for 3rd Hanseatic Ship

Money

Germany's KfW IPEX-Bank and Commerzbank are financing the third expedition ship for Hapag-Lloyd Cruises.

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Dynagas LNG Partners Eyes USD 55 Million from Share Offering

Lena River LNG carrier

Dynagas LNG Partners LP to collect a total of USD 55 million from the public offering of its shares.

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Klaveness Combination Carriers Starts Trading on NOTC

combination carrier

Norway's shipping company Torvald Klaveness has registered its combination carrier subsidiary on NOTC.

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EuroDry Refinances Bulker Quartet, Eyes Acquisitions

bulker

 EuroDry secured refinancing for four vessels, cashing in USD 8 million of extra liquidity.

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Flex LNG to Buy Five LNG Newbuildings

LNG carrier

Flex LNG is to acquire a batch of five LNG newbuldings from affiliates of Geveran Trading.

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South Korea Unveils Support for Struggling Shipping Firms

Money

Korea Ocean Business Corp to support financially troubled shipping firms and fund eco-friendly projects.

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Star Bulk Carriers Finance Scrubbers with Green Loan

etros Pappas, CEO of Starbulk

Star Bulk secures USD 70 million to buy scrubbers and install them on board vessels.

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Scorpio Tankers Raising Fresh Funds via Share Offering

Tanker

Scorpio Tankers is looking to raise up to USD 300 million through a public offering of over 162.1 million common shares.

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EU Provides Funds for Tallinn-Helsinki Maritime Link Upgrade

Money

EU is supporting infrastructure upgrades on Tallinn-Helsinki maritime link TWIN-PORT with an EUR 21.4 million funding.

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USD 90 Mn Loan in the Bag for Scorpio Bulkers

Bulker

Scorpio Bulkers has scored yet another loan, continuing its successful fleet financing streak.

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Exmar Refinances 10 Ships

USD

Exmar has received a firm commitment for the refinancing of its ten owned pressurized vessels.

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Eagle Bulk Eyes Bond Amendment to Finance Scrubber Retrofits

Money

Eagle Bulk Shipping is looking to secure bond amendment in an effort to finance more scrubber retrofits.

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Nordic Shipholding Breaches Loan Covenants

Tanker

Nordic Shipholding A/S has breached some of its loan covenants amid market woes.

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Seacor Marine Secures USD 130 Mn Loan

Money

SEACOR Marine has entered into a USD 130 million loan with DNB Bank.

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Pyxis Completes Refinancing of MR2 Tanker

Tanker

Pyxis Tankers completes the refinancing of a previous loan facility for one of its vessels, Pyxis Epsilon.

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Carnival Corp's Income Continues Rising

Carnival Cruise Line

Carnival Corp delivered record third quarter revenues and earnings.

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Diana Shipping Closes USD 100 Mn Bond Offering

Money

Diana Shipping closed its USD 100 million bonds placement maturing in September 2023.

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IMSK SE’s Restructuring Efforts Go Bust

time and money

IMSK SE is likely to be liquidated having failed to secure support for its restructuring plan.

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