Hydrogen Is the Ideal Zero-Emissions Fuel

water

Traver Kennedy, CEO of Joi Scientific, speaks on the potential of hydrogen as marine fuel.

CMBFL Secures Loan for 11,000 TEU Newbuilding Quintet

Certain subsidiaries of CMB Financial Leasing (CMBFL) have obtained a senior loan facility worth USD 318 million ...

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Navios Holdings to Sell USD 300 Mn of Senior Notes

Greek shipping firm Navios Maritime Holdings is looking to raise up to USD 300 million through a private ...

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Star Bulk Prices USD 50 Mn of Senior Notes

Greek dry bulk shipping firm Star Bulk Carriers Corp. has announced pricing of USD 50 million of senior unsecured ...

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Navios Holdings Repaying Loan a Year Early

Navios Holdings will fully prepay the loan facility entered into on September 19, 2016, with Navios Maritime ...

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HSH Gets Bids from Investors, Final Sale Talks Starting

Owners of the German-based provider of shipping finance HSH Nordbank have received several binding bids for the ...

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L.G.R. di Navigazione Secures Refinancing Deal

Naples-based shipping company L.G.R. di Navigazione has reached an agreement for a USD 28.8 million loan facility, ...

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Shipping Bonds Issuance Momentum Explained

Faced with the lack of available funding, a growing number of shipping companies have taken advantage of the low ...

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Update: Scorpio Bulkers Abandons Share Offering Plan

Dry bulk shipping company Scorpio Bulkers has determined not to proceed with its announced underwritten public ...

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Costamare Secures Loan, Reports Strong Quarter

Greece-based containership owner Costamare has entered into a loan agreement to finance the acquisition of 7,471 ...

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Alpha Bank Secures USD 250 Mn for Shipping Industry

Greek lender Alpha Bank has completed a financing transaction of USD 250 million through shipping securitisation ...

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Scorpio Bulkers Secures USD 85.5 Mn Loan

Monaco-based dry bulk shipping company Scorpio Bulkers Inc. has received a commitment for a loan facility of up to ...

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Safe Bulkers Secures Fresh Funds to Pay Back Loans

Monaco-based owner of dry bulk carriers Safe Bulkers has refinanced USD 74.9 million loans outstanding, the company ...

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Wilhelmsen Maritime Services Inks USD 640 Mn Loan

Wilhelmsen Maritime Services AS, part of Norwegian Wilhelmsen Group, has entered into a new 5-year credit facility ...

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Chinese Banks- New Source of Capital for Shipping?

Chinese banks seem to be the emerging power when it comes to securing capital for the shipping industry. The market ...

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India Secures Loan to Upgrade Alang Recycling Yard

The Government of India has signed a loan agreement worth USD 76 million for a project to upgrade the environment ...

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Enterprise Secures New Revolving Loans

US-based Enterprise Products Partners has, through its operating subsidiary, Enterprise Products Operating, entered ...

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Capital Product Partners Secures USD 460 Mn Loan

Greek shipping company Capital Product Partners has entered into a firm offer letter for a new senior secured term ...

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Frontline Agrees Loans to Partially Finance Four Ship Deals

Tanker owner and operator Frontline signed two senior secured term loan facilities of USD 110.5 million each to ...

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Petrofin Research: Bank Ship Lending Dwindles

The shipping industry saw USD 42.5 billion removed from the ship lending jar in 2016, according to Petrofin ...

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Korean Bank to Fund Philippines' New Cebu Port

South Korean bank Korea Eximbank (KEXIM) has granted its approval for a financial injection for the ...

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JP Morgan Targets Shipping Assets with New Fund

JP Morgan Asset Management has raised USD 480 million from insurers and pension funds aimed at investing into ...

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HSH Nordbank’s Shipping Loan Losses Reach USD 221 Mn

With persistent shipping woes, the German-based provider of shipping finance HSH Nordbank has seen its loan loss ...

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DSME Selling USD 702 Mn Worth of New Shares

In an effort to improve its financial situation, the South Korean shipbuilder Daewoo Shipbuilding & Marine ...

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New JV to Help Banks Outsource Exposure to Shipping Loans

Hamburg’s maritime asset management firm Ernst Russ AG and Jersey-based investment group Ecofin Holdings ...

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Moody's: German Shipping Lenders Face Squeeze on Profits

Albeit early signs of recovery became visible during the first months of 2017, the shipping industry’s ...

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ISH Moves Towards Emergence from Bankruptcy

Alabama-based shipping company International Shipholding Corporation (ISH) has received the necessary approvals ...

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Commerzbank Takes Step Toward Selling Bad Shipping Loans

German financial services company Commerzbank has returned its regulatory licence to conduct business concerning ...

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