Eagle Bulk Strikes Long-Awaited Deal with Creditors
Marshall Islands-registered owner of Supramax dry bulk vessels Eagle Bulk Shipping has reached an agreement with ...
read more →Diana Secures Loan for Panamax Pair
Greek dry bulk ship owner Diana Shipping has obtained a term loan of up to USD 25.7 million to finance the ...
read more →Höegh LNG Nets USD 223 Mln to Finance New FSRU
Oslo-listed owner and operator of floating LNG import terminals, Höegh LNG Holdings, has received commitment ...
read more →Spanish Ship Finance Scheme Is Legal, Court Says
The General Court of the European Union has overturned the EU Commission’s decision that the Spanish tax lease ...
read more →Shipping Is Watching the Pennies
Total annual operating costs in the shipping industry fell by an average of 0.8% in 2014, according to findings ...
read more →BW LPG Secures USD 400 Mln Loan for Its VLGC Newbuilds
Very Large Gas Carrier (VLGC) owner BW LPG has signed an agreement for a debt facility worth up to USD 400 million ...
read more →Shipping Industry Faces Erroneous Payment Risks
The shipping industry is at a high risk of unauthorised and/or erroneous payments due to the nature of the movement ...
read more →Scorpio Pens Loan to Finance Capesize Newbuilds
Bulk transporter Scorpio Bulkers Inc. has signed a Memorandum of Understanding with ABN Amro Bank N.V. and the ...
read more →Safe Bulkers Takes Loan to Finance Newbuildings
Safe Bulkers, Inc., an international provider of marine dry bulk transportation services, has entered into a ...
read more →Dorian LPG to Finance Its VLGCs by Selling Shares
Dorian LPG Ltd., a liquefied petroleum gas shipping company and owner and operator of modern Very Large Gas ...
read more →Dorian LPG Raises Cash to Finance Newbuild VLGCs
Dorian LPG Ltd. has successfully completed a private placement of 28,182,000 new common shares of USD 0.01 par ...
read more →Diana Shipping Inks Term Loan Facility to Partially ...
Diana Shipping Inc. has completed a drawdown of US$18 million, through two separate wholly-owned subsidiaries, ...
read more →U-Ming Secures Loan to Finance Purchase of Three Bulk ...
The Japan Bank for International Cooperation (JBIC) has signed three buyer’ s credit agreements totaling up to ...
read more →Scorpio Tankers Sells Shares to Finance Vessels Acquisition
Scorpio Tankers Inc. announced yesterday that it intends to offer and sell 20,000,000 shares of its common stock in ...
read more →Vantage Drilling Raising Money to Finance Construction ...
Vantage Drilling Company announced today that it proposes to offer $75 million aggregate principal amount of ...
read more →ADIB to Finance GMS’ New Vessels (UAE)
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has closed a AED 1.32 billion ...
read more →KfW IPEX-Bank to Finance New Offshore Wind Farm ...
KfW IPEX-Bank has arranged the financing for two offshore wind farm installation ships for the Norwegian shipping ...
read more →Diana Shipping Inks Term Loan Facility to Finance New ...
Diana Shipping Inc., a shipping company specializing in the ownership and operation of dry bulk vessels, today ...
read more →Cyprus: Ocean Rig Secures Loan to Finance Its Newbuildings
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services has received a $1.35 billion Bank ...
read more →Boskalis Raises Money to Finance Dockwise Acquisition
Royal Boskalis Westminster N.V. (Boskalis) has successfully raised EUR 320 million of equity at a price of EUR ...
read more →Norway: PGS Inks Loan Agreements to Finance New Ramforms
In April 2011, PGS ordered two new generation Ramform Titan-class vessels, with options for another two vessels, ...
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