Hapag-Lloyd secures USD 113 Mn loan

Hapag-Lloyd AG has entered into a new EUR 100 million revolving credit facility, to be made available for utilisation from 14 June 2019 for differe...

Read More

ATSG extends and expands credit facility

Air Transport Services Group, Inc. announced that it has obtained lender commitments for a one-year extension through May 2024 of its secured cred...

Read More

Sovcomflot concludes USD 297 million credit facility

Sovcomflot (SCF Group) has signed a new USD 297 million limited recourse credit facility, for up to ten years, with three leading international ban...

Read More

Flex LNG signs $550m of financing for four LNG carriers

Flex LNG Ltd. is pleased to announce that it has entered into a sale-charterback transaction with Hyundai Glovis Co. Ltd. for the vessels Flex End...

Read More

Diana Shipping sold a 2004-built panamax bulk carrier for $7 million

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that it has signed, through a separate ...

Read More

Teekay secures loan for shuttle tanker newbuilds

Teekay Offshore Partners L.P. announced that it has secured a new $414 million long-term debt facility that will be used to finance four LNG-fuele...

Read More

Belships ASA acquires supramax bulk carrier

Belships ASA has agreed to acquire the 55,866 dwt bulk carrier M/V SEPHORA from Prospero Marine Ltd, a company controlled by Greek shipowner Elias ...

Read More

Panalpina and DSV agree to join forces

DSV is pleased to announce an all share voluntary public tender offer for all publicly held shares of Panalpina. DSV and Panalpina have reached an...

Read More

Scorpio Bulkers to increase Credit Facilities by USD 41 million to Finance Scrubbers

Scorpio Bulkers Inc. announced that the Company has reached agreements with certain lenders to increase certain existing credit facilities by a to...

Read More

Hamburg Süd closes sale of dry bulk business to China Navigation

Hamburg Süd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, have completed the sale of Hamburg Süd’s dry ...

Read More

Contship Italia S.p.A. has entered into negotiations for sale of MCT

Contship Italia S.p.A. has entered into negotiations with MSC for the sale of its 50% shares in CSM Italia Gate S.p.A., the company that controls M...

Read More

Scorpio Bulkers announces sale and leaseback agreements for 7 dry bulk vessels

Scorpio Bulkers Inc. announced that it has agreed to sell and leaseback three Ultramax vessels (SBI Pegasus, SBI Subaru and SBI Ursa) and four Kams...

Read More

Scorpio Bulkers Inc. announces the sale of two Kamsarmax Vessels

Scorpio Bulkers Inc. announced today that the Company has entered into agreements to sell two Kamsarmax vessels for $48 million and provided an upd...

Read More

Diana Shipping reports financial results for the fourth quarter for year 2018

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, reported net income of $2.9 million and net income...

Read More

Euronav sells LR1 Genmar Compatriot

Euronav NV announces that the Company has sold the LR1 Genmar Compatriot (2004 – 72,768 dwt) for USD 6.75 million. The vessel will be deliver...

Read More

DIS announces the sale of one of the vessels owned by its JV DM Shipping

d’Amico International Shipping S.A. an international marine transportation company operating in the product tanker market, announces that DM ...

Read More

Moody's upgrades Hapag-Lloyd credit rating to B1

Rating agency Moody’s has upgraded Hapag-Lloyd’s corporate family rating (CFR) to B1 from B2 and its senior unsecured bond rating to B3...

Read More

Cargolux closed its first JOLCO on a Boeing 747-400 freighter

On January 29, Cargolux Airlines International S.A. closed its first Japanese operating lease with call option (JOLCO) transaction for a Boeing 747...

Read More

Ethiopian Airlines and Hibret Bank launch new co-branded debit card

Ethiopian Airlines and Hibret Bank have launched the first Co-branded debit card tailored to provide Ethiopian Sheba Miles members with bonus miles...

Read More

Panalpina successfully issues a CHF 150 million bond

Panalpina World Transport (Holding) Ltd successfully placed a CHF 150 million debut bond in the Swiss capital market. The new issue was very well ...

Read More