Shipping’s Decarbonization Will Need Major R&D Investment

Collaboration and investment in technology development key for meeting IMO's targets

NordLB to Face Execution Risks if It Cuts Shipping Loans

The German shipping bank Norddeutsche Landesbank (Nord/LB) could encounter high execution risks if it goes through ...

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Aurora LPG Inks Loan for Final Newbuilding

Oslo-listed LPG tanker owner Aurora LPG Holding ASA has signed the term sheet for the financing of its sixth and ...

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NordLB's Loan Losses Surge Due to Shipping Woes

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

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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 ...

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EU Approves HSH Nordbank Sale

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

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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 ...

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DryShips' Ability to Continue Compromised?

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

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Globus Maritime Delays Loan Payments

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

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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 ...

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Deutsche Bank Disposing of Maher Terminals USA

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

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