Connecting gears of the energy transition
The energy transition is one of the greatest challenges of our time
→Royal Caribbean Secures USD 2.2 Bn Loan to Bolster Liquidity
Royal Caribbean Cruises secures a USD 2.2 billion 364-day secured term loan facility to boost its liquidity.
read more →Sumitomo Mitsui Trust Bank Joins Poseidon Principles
Sumitomo Mitsui Trust Bank becomes the first Asian financial institution to join the Poseidon Principles.
read more →NYK Announces World’s 1st Onboard Use of Digital Currency
Japanese shipping giant NYK unveiled what it claims to be the world’s first onboard use of digital currency.
read more →Klaipėdos Nafta Secures Financing for FSRU Purchase
The Nordic Investment Bank and AB Klaipėdos Nafta ink a 25-year loan agreement to finance FSRU.
read more →Frontline Raises Cash to Finance Ten Trafigura Suezmaxes
Frontline signs a USD 544 million sale-and-leaseback agreement with China’s ICBCL.
read more →Seanergy Secures USD 30.6 Mln in Refinancing
Seanergy Maritime Holdings has received a refinancing commitment from one of its existing lenders.
read more →Norden Reports Its Best Quarterly Result in 5 Years
Danish shipping company Norden wrapped up 2019 with profit.
read more →CSSC Taps ‘Virus Bonds’ to Raise USD 717 Mln
China State Shipbuilding Corp. raised USD 717 million to curb the impact of the coronavirus outbreak.
read more →Wartsila-Led Team to Raise Fuel Efficiency in New Project
A Wärtsilä-led consortium gets EU funding for a project aimed at reducing ships’ fuel consumption.
read more →Höegh LNG Settles LNG Boil-Off Dispute with Total
Höegh LNG agrees with Total to settle the boil-off dispute regarding Neptune and Cape Ann.
read more →Maersk Secures USD 5 Bn Loans to Reach Green Shipping Target
Maersk has secured a new sustainability-linked revolving credit facility of USD 5 billion.
read more →Piraeus Bank, ORIX Corporation Team Up on Maritime Financing
Piraeus Bank, ORIX Corporation to provide financing solutions to the Greek maritime sector.
read more →Hunter Nets USD 220 Mln Loan to Finance VLCC Newbuilds
Hunter Tankers AS secures USD 220 million loan facility.
read more →Ystad Gets EIB Loan for Port Expansion
EIB signs a USD 46 million loan agreement to enable the Port of Ystad to accommodate climate-friendly vessels.
read more →GOGL Refinances USD 284 Mn Loan
GOGL refinances USD 284 million loan facility covering 15 vessels.
read more →EU Launches BlueInvest Fund to Boost Innovation
The EC and EIF launch the BlueInvest Fund in an effort to support innovations in the maritime sector.
read more →Bpifrance Becomes Signatory to the Poseidon Principles
French national investment bank Bpifrance signs up to the Poseidon Principles.
read more →CSAV Ups Stake in Hapag-Lloyd
CSAV has acquired an additional stake in Hapag-Lloyd, becoming the majority shareholder in the German shipping major.
read more →Teekay Tankers Seals USD 533 Mn Loan, Sells Assets
Teekay Tankers has closed a new five-year, USD 533 million revolving credit facility to refinance 31 vessels.
read more →Castor Maritime Raises Money to Expand Fleet
Castor Maritime entered into two financing deals that would result in acquiring capital for future fleet expansion.
read more →EUR 250 Mn Fund for Dutch Shipping Launched
Dutch shipowners will now be able to benefit from a newly-inaugurated EUR 250 million fund.
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BNP Paribas, Credit Suisse Join Poseidon Principles
Two more banks have become signatories to the Poseidon Principles.
read more →Schulte, DEVK Create Maritime Asset Investment Platform
Schulte Group and DEVK have established Navigo, a maritime asset investment platform for institutional investors.
read more →Safe Bulkers Agrees Sale and Leaseback for Eight Ships
Safe Bulkers has entered into sale and leaseback agreements with respect to eight vessels.
read more →Genting Hong Kong Raises USD 900 Mn
The sale and leaseback transaction was closed with a consortium of four Chinese leasing companies.
read more →TORM Nets USD 496 Mn for Debt Refinancing
TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders.
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