Bigger Ships on the Horizon for Fujairah

CEO of Fujairah Terminals

CEO of Fujairah Terminals updates on the progress with expansion plans at the port.

JBIC to Finance Ta-Tong Marine's New Ore Carrier

JBIC agreed to provide a loan to Taiwanese shipowner Ta Tong Marine to purchase a newbuilding ore carrier.

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Teekay Offshore to Collect USD 115 Mn in Public Offering

Teekay Offshore Partners to raise up to USD 115 million through a pubic offering of 4.6 million units.

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PNCT Secures Financing for Expansion Works

Port Newark Container Terminal (PNCT) has secured USD 298 million to refinance debt and invest in terminal development.

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SCHNIGGE Wants to Buy Rickmers Holding Bonds

Rickmers Holding has received an offer from SCHNIGGE Wertpapierhandelsbank SE related to the company's bonds. 

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COSCO to Create a Shipping Fund with China Cinda

Cosco Shipping Development is planning to establish a shipping fund with China Cinda.

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Bahri Dry Bulk Secures Funds for Newbuilding Quartet

Bahri Dry Bulk has secured a funding of USD 96 million from Bank Albilad to finance the purchase of four new bulkers. 

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GasLog Partners to Collect USD 97 Mn in Public Offering

GasLog Partners is to raise up to USD 97 million by selling shares to finance future fleet expansion.

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AAPA Eyes USD 66 Bn Funding for Port Upgrades

AAPA is looking to secure USD 66 billion for federal port-related infrastructure investments.

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KfW IPEX-Bank Finances Arklow's Bulker Quartet

German KfW IPEX-Bank is to finance four bulker newbuildings owned by Irelands' Arklow Shipping. 

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JR Shipping Nabs Refinancing Deal

JR Shipping Group has sealed a refinancing deal with a London-based credit investment for eleven container feeders.

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Oman Gets Funding from Saudi Arabia to Develop Duqm Port

Saudi Arabia is to provide USD 201 million grant to Oman for two development projects at the Port of Duqm.

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Seaspan Eyes USD 250 Mn Debt from Fairfax

Seaspan Corporation is to secure up to USD 250 million of investment from Fairfax.

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GulfNav Gives Nod to USD 250 Mn Sukuk Issue

Gulf Navigation Holding PJSC has decided to move forward with the issuance of new shares.

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Editor's Picks of 2017

2017 Year in Review: Editor's picks of the year

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Star Bulk Sees No Further Need for Amortization Holiday

Star Bulk Carriers is to make debt principal repayments starting from the first quarter of 2018.

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DryShips Inks New Loans, Disposes of Panamax Bulker

DryShips has received commitments for credit facilities of up to an aggregate of USD 125 million.

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Hyundai Heavy Unveils Rights Issue Plan to Raise USD 1.2 Bn

HHI revealed plans to raise USD 1.21 million via a share issue to improve its financial structure.

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Fjord1 Obtains New Loans

Norwegian ferry company Fjord1 ASA has obtained new loans from two banks. The company said it has secured committed ...

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Royal Caribbean Scores USD 3 Bn Loan for Icon Duo

Royal Caribbean has secured USD 2.96 billion to finance construction of its two new Icon-class ships.

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FSL in Talks to Extend USD 479 Mn Loan

Singapore-based FSL Trust Management has launched negotiations with lenders to extend the maturity of its USD 479.5 ...

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SASAC Gives Nod to COSCO Shipping's USD 1.9 Bn Share Plan

SASAC has approved COSCO Shipping Holdings' USD 1.9 billion share issuance plan.

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Scorpio Bulkers Targets USD 500 Mn with Mixed Shelf

Scorpio Bulkers has filed a registration for a mixed shelf offering targeting up to USD 500 million.

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NAT Launches Public Offering as Part of Recapitalization

NAT has announced an underwritten public offering of USD 100 million of its common shares.

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GoodBulk to Raise USD 80 Mn for CarVal Ships

GoodBulk is selling its shares to collect up to USD 80 million to finance the purchase of six CarVal dry bulkers.

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Brittany Ferries Inks Financing for LNG-Powered Unit

EIB, Societe Generale and Brittany Ferries sign first green maritime financing under Green Shipping Guarantee (GSG) ...

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PT2SB Pens USD 1.25 Bn Financing Deal for Malaysian Terminal

A USD 1.25 billion senior financing agreement has been signed to fund the PT2SB oil storage terminal in Pengeran.

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Eagle Bulk Secures USD 265 Mn Refinancing

Eagle Bulk Shipping has entered into a series of refinancing transactions totalling USD 265 million.

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