U.S. Will Be Favored as LNG Bunkering Hub

Jonathan Harris; Senior Business Development Manager Puget LNG

Puget LNG's Jonathan Harris believes U.S. will be favored as an LNG bunkering hub.

Latsco Gets More Funds to Finance Construction of MRs

Tanker

Latsco Shipping secures more money to finance the construction of its MR product tankers.

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Höegh LNG Agrees Financing for Ninth FSRU

Money

Höegh LNG has received commitment letters for a USD 177 million debt financing for FSRU #9.

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Chinese Bank Provides Funding for Navibulgar's Newbuilds

The Export-Import Bank of China is to provide USD 94 million in financing for Navibulgar's six new bulk carriers. 

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Irish Continental Group Gets Loan for New Ferry

Irish Continental Group has secured a loan to finance the construction of the 2nd new vessel for Irish Ferries.

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Scorpio Tankers to Raise USD 334 Mn of New Liquidity

Scorpio Tankers is looking to raise up to USD 334 million through a series of bank loans and sale leasebacks.

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Dorian LPG Agrees Sale and Leaseback for Corvette

Dorian LPG entered into a sale and bareboat charter arrangement for its 84,000 cbm carrier Corvette.

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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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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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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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Ocean Yield Provides Financing for NAT's Suezmax Trio

Norwegian shipowner Ocean Yield has inked a deal to acquire Nordic American Tankers’ (NAT) three Suezmax ...

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Flex LNG Secures USD 315 Mn to Finance Newbuildings

Oslo-listed ship owner and operator Flex LNG has reached an agreement on a loan facility to finance three of its ...

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Teekay LNG Nets USD 327 Mn of Financing

Teekay LNG Partners has secured a USD 327 million long-term debt facility to finance a Floating Storage Unit (FSU), ...

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COSCO Shipping Selling USD 2 Bn of Shares to Fund Boxships

China’s COSCO Shipping Holdings has unveiled its intentions to raise up to CNY 12.9 billion (USD 1.9 billion) ...

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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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NAT Agrees Financing Terms for Suezmax Trio

Bermuda-based Nordic American Tankers (NAT) has signed the main terms for the financing of the outstanding ...

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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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Royal Caribbean Inks Financing Deals for Icon Ships

Miami-based cruise company Royal Caribbean International has entered into credit agreements for the financing of ...

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Fleetscape Raises USD 400 Mn of Capital

Capital provider to the maritime industry Fleetscape Capital Holdings Limited (Fleetscape) has collected USD 400 ...

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BW Gas Gets Financing for BW Integrity FSRU

Credit Agricole Corporate and Investment Bank (CA-CIB) and KfW-IPEX Bank (KfW) have provided a USD 191.8 million ...

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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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