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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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NYK introduced its initiatives of Green Bond

NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bon...

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APM Terminals Bahrain aims to raise $32m with IPO

APM Terminals Bahrain plans to raise around BHD12m ($32m) through its planned initial public offering (IPO). This is the first IPO for a transport ...

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Deutsche Post DHL Group and S.F. Holding in €700 million supply chain deal

Deutsche Post DHL Group, the world's leading mail and logistics company, has entered into a landmark deal that will transfer its supply chain o...

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Teekay Offshore Partners announces settlement agreements with Petrobras

Teekay Offshore Partners L.P. announced that certain of its subsidiaries have entered into a settlement agreement with Petróleo Brasileiro S...

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Ocean Yield announces investment in two chemical tankers with long-term charters

Ocean Yield ASA is pleased to announce that the Company has agreed to acquire two 2015 built 37,000 dwt IMO II chemical tankers with 12-year barebo...

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