Transformation of How Ports Operate Imminent

IBM expert discusses digitization of the maritime industry.

NordLB's Loan Losses Surge Due to Shipping Woes

Due to the repeated deteriorating situation in the shipping markets, German shipping bank Norddeutsche Landesbank ...

read more →

Scorpio Bulkers, Lenders Modify Loan Terms

NYSE-listed dry bulk owner and operator Scorpio Bulkers, Inc. has struck a deal in principle with its lenders to ...

read more →

EU Approves HSH Nordbank Sale

The European Commission has adopted a resolution on state aid proceedings for Germany’s HSH Nordbank, ...

read more →

Yamal LNG Secures Funding from Chinese Banks

Russia’s USD 27 billion Yamal LNG project has secured financing from two Chinese banks worth a total of USD ...

read more →

DryShips' Ability to Continue Compromised?

 New York-listed owner of drybulk carriers and offshore support vessels DryShips said that it had defaulted on some ...

read more →

Globus Maritime Delays Loan Payments

Greek dry bulk shipping company Globus Maritime Limited has reached agreements with two of its lenders to postpone ...

read more →

CSSC Shipping Secures USD 245 Mn Loan for Six Bulkers

CSSC (Hong Kong) Shipping, a ship owning and leasing arm of China State Shipbuilding Corporation (CSSC), has ...

read more →

Deutsche Bank Disposing of Maher Terminals USA

Germany’s commercial and investment bank Deutsche Bank has reached an agreement with Macquarie Infrastructure ...

read more →