BW LPG enters agreement to sell two large gas carriers
BW LPG Limited, has entered into a Memorandum of Agreement (MOA) to sell the remaining two Large Gas Carriers (LGCs) in the fleet. BW Nantes and B...
Read MoreSovcomflot signs financing and time-charter agreements
SCF Group and VEB.RF Group, a Russian financial institution, signed an agreement for lease financing of the lead ship in a series of icebreaking LN...
Read MoreBahri’s net profit surges 81 pc in Q3
Bahri, a global leader in logistics and transportation, announced strong financial results for the third quarter ended September 30, 2019, on the b...
Read MoreBoskalis awarded EUR 45 million dredging project in the Republic of Maldives
Royal Boskalis Westminster N.V. has been awarded a contract by the Ministry of National Planning and Infrastructure, Republic of Maldives, in relat...
Read MoreTT Club wins Marine Insurance Award in Middle East
TT Club received the award for Marine Insurer of the Year at a ceremony held at Atlantis The Palm, Dubai. The award celebrates an insurance compan...
Read MoreTrafigura secures USD 1.5 billion-equivalent syndicated revolving credit facility
Trafigura Pte Ltd, a market leader in the global commodities industry, announced the closure of its new Syndicated Revolving Credit Facility and Te...
Read MoreChapman Freeborn OBC expands global footprint with new office in Los Angeles, California
Chapman Freeborn OBC has expanded its global network of offices to Los Angeles, California to help provide dedicated support for customers in the U...
Read MoreApollo Asset grants Revolving Credit Facility of USD 15m for Hunter Tankers
Hunter Tankers AS, a wholly owned subsidiary of Hunter Group ASA, has entered into a USD 15.0 million revolving credit facility agreement with Apol...
Read MoreScorpio Bulkers sold 2 ultramax bulk carriers for $37.9 million
Scorpio Bulkers Inc. announced that the Company has entered into agreements with an unaffiliated third party to sell the SBI Puma and SBI Cougar, 2...
Read MoreOSC signs USD 110mn loan to refinance 5 ships
Muscat-based Oman Shipping Company (OSC) has agreed a new USD 110 million ship financing deal with banking and financial services company Standard ...
Read MoreHapag-Lloyd launches online marine insurance "Quick Cargo Insurance"
Hapag-Lloyd is expanding its digital product portfolio. As one of the first container shipping companies, Hapag-Lloyd is now offering its customers...
Read MoreEpic Gas completes refinancing of two ships
Epic Gas Ltd., the leading LPG shipping solutions company, announced that it has completed the refinancing of two ships – the Epic Bali and E...
Read MoreHeartland Express acquires Millis Transfer for US$150m
Heartland Express, Inc., one of North America’s largest and most profitable truckload transportation companies, announced that it has acquire...
Read MoreSwissport successfully closes debt refinancing
Swissport Group S.à r.l., an indirect parent company of Swissport International AG, Swissport Financing S.à r.l. and Swissport Invest...
Read MoreFrontline, Golden Ocean invest in bunkering joint venture with Trafigura
Frontline Ltd. and Golden Ocean Group Limited announced that they have entered into a non-binding term sheet agreement with Trafigura Group to esta...
Read MoreBoskalis, Kotug complete the sale of Kotug Smit Towage to Boluda
Royal Boskalis Westminster N.V., together with its co-shareholder Kotug International B.V., have completed the sale of Kotug Smit Towage to Boluda ...
Read MorePiraeus Bank explores financing for Greek shipping companies
Piraeus Bank announces that it is exploring a potential strategic partnership opportunity with a major Asian Pacific financial conglomerate operati...
Read MoreTallink secures loan for a new LNG-powered Fast Ferry
AS Tallink Grupp's subsidiary Tallink Superfast Ltd. and KfW IPEX-Bank GmbH have signed the loan agreement in the amount of EUR 197,6 million t...
Read MoreNovus, VietJet sign MoU for financing $1.3 billion deal for 10 jets
Global aircraft leasing and financing company Novus Aviation Capital and new-age carrier Vietjet Air have signed a Memorandum of Understanding (MoU...
Read MoreDAE signs a new US$440 million unsecured revolving credit facility
Dubai Aerospace Enterprise (DAE) Ltd. announced that it has signed a new long-term unsecured revolving credit facility (the with First Abu Dhabi Ba...
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