Owners Not Ready to Give Up Control to Smart Ships

Orca AI: Maritime industry slow at adapting solutions vital to avoiding collisions.

EIB Provides Long-Term Loan to ICG for Two New Ferries

w-b-yeats

EIB is providing EUR 155 million to finance two new Irish Ferries' ships.

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TOP Ships Pens USD 45.8 Mn Financing Deal

Tanker

TOP Ships has concluded financing agreements worth up to USD 45.8 million.

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Eagle Bulk Nabs USD 208 Mn Loan

usd

Eagle Bulk Shipping received a commitment for a loan facility worth USD 208 million.

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Seaspan's Unencumbered Vessel Pool Increased to 32 Ships

containership

Seaspan Corporation informed that it had prepaid a credit facility which was secured by eight of its vessels.

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Seaspan Completes 2nd Tranche of Investment with Fairfax

Money

Seaspan Corporation closes the second tranche of the USD 1 bn investment by Fairfax Financial Holdings Limited.

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2020 Bulkers to Finance New Ships with USD 240 Mn Loan

Money

2020 Bulkers signed a USD 240 million deal for the post-delivery financing of its newbuilding program.

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EIB Unveils 1st Green Support for European Shipping Operator

EIB unveils the first green shipping loan through Dutch bank ABN Amro.

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DeA Capital Extends Its Roots to Shipping

Finance

DeA Capital Alternative Funds has expanded its business into the shipping industry in Italy.

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NCL Refinances Its Senior Secured Credit Facility

Norwegian Cruise Line

Norwegian Cruise Line Holdings has agreed a refinancing of its senior secured credit facility.

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NYK Wins Green Loan for Its Methanol-Fueled Chemical Tanker

NYK Line

NYK has secured a green loan to finance the construction of its first methanol-fueled chemical tanker.

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OSG Seals USD 325 Mn Loan

money

Overseas Shipholding Group has closed a five-year USD 325 million term loan credit facility.

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Globus Maritime Pens USD 13.5 Mn Loan

usd

Globus Maritime Limited has refinanced two ships through a long-term credit facility with investment bank Macquarie.

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BC Ferries Spending USD 42 Mn to Upgrade 17 Vessels

BC Ferries

BC Ferries is to spend CAD 57 million in British Columbia to support its fleet during the current refit cycle.

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Noble Group Completes USD 3.5 Bn Restructuring

Bulker

Noble Group completed its USD 3.5 billion restructuring on December 20.

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Navios Containers Pushes Debt Maturities until 2022

Containership

Navios Maritime Containers has secured a loan to finance its latest boxship acquisitions.

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Teekay LNG Unveils USD 100 Mn Share Repurchase Plan

Money

Teekay LNG Partners has received approval for a USD 100 million repurchase program of common units.

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Havyard Receives Funds for Hydrogen-Powered Project

Illustration, New Havila Kystruten ships

The Havyard project with Havila Kystruten is to receive USD 12 million in funding from Pilot-E.

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Sovcomflot Secures USD 264 Mn Loan

Sovcomflot agreed a new USD 264 million six-year revolving credit facility with five international banks.

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SFL Pens USD 270 Mn Lease Financing Deals

Maersk containership

SFL secures USD 270 million to finance three boxships chartered out to Maersk Line.

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Aegean Marine Agrees New Restructuring Plan with Mercuria

Money

Aegean Marine Petroleum Network has entered into a new restructuring support deal with Mercuria Energy.

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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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