Finance News
Hyundai Merchant Marine Posts Q3 LossKorean carrier will “put its utmost efforts to stably secure additional cargoes” to fill the 20 ships on order.16 November 2018 Friday 17:31
Hapag-Lloyd More Than Doubled Its ProfitGerman container carrier Hapag-Lloyd more than doubled its bottom line in the third quarter compared to the same period last year. "We remain cautiously optimistic for the rest of the year," says CEO Rolf Habben Jansen.09 November 2018 Friday 09:39
Ship Finance International Buys 4 ContainershipsShip Finance International Limited has inked a deal to acquire four 14,000 TEU containerships in combination with long-term time-charters to an unrevealed container line.07 November 2018 Wednesday 11:05
Final Stage on The Canal Istanbul Project Almost CompletedThe studies of Canal Istanbul Project has carrying out at full steam. Cahit Turan, Minister of Transport and Infrastructure declared that the surveying studies of the Project is about the be finished.06 November 2018 Tuesday 19:10
Seanergy Maritime Holdings Refinances Two Capesize VesselsSeanergy Maritime Holdings announced that it has successfully completed the refinancing of a previous loan facility secured by M/Vs Lordship and Knightship.10 July 2018 Tuesday 13:45
Sberbank, Sovcomflot Sign $106m Finance DealThe largest bank in Russia Sberbank and shipping company Sovcomflot have signed a new USD 106 million project financing agreement, with a term of up to 14 years.14 February 2018 Wednesday 16:55
China to finance major Bangladesh pipeline projectChina continues to reshape energy flows into the Bay of Bengal.30 October 2017 Monday 17:19
Marine Finance for Brown Water OperatorsA primer for navigating the ‘ups and downs’ of marine money for domestic stakeholders.26 October 2017 Thursday 11:30
Vale sells VLOC pair to Bank of Communications Finance LeasingBrazilian miner Vale has sold two 400,000 dwt very large ore carriers (VLOCs) to nominees of China's Bank of Communications Finance Leasing for a total of around $178m.10 August 2017 Thursday 13:01
Port of Oakland refinances $324m of debt with bond saleThe Port of Oakland on Monday announced it has sold a significant quantity of bonds to lower debt costs.08 August 2017 Tuesday 14:19
Ship Finance in Fleet Renewal ModeBermuda-based shipowner Ship Finance International (SFL) continues with diversification and renewal of its fleet as it recently took delivery of the second 19,200 TEU boxship and sold two older oil tankers.31 May 2017 Wednesday 10:03
SM Group Tied to Korea Ship Finance TakeoverEmerging South Korean maritime player Samra Midas (SM) Group has been linked to a purchase of a stake in Korea Ship Finance from the ailing shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).08 April 2017 Saturday 11:29
Ship Finance Continues to Diversify Its Assets PortfolioBermuda-based ship owner Ship Finance International Limited reported a net income of USD 28.5 million for the quarter ended December 31, 2016, down from USD 32.2 million seen in the previous quarter.01 March 2017 Wednesday 11:42
Ship Finance Orders Two LR2 Tankers from DaehanBermuda-headquartered Ship Finance International Limited (SFL) has ordered two long range 2 (LR2) tankers from South Korea’s Daehan Shipbuilding, with an option for two more ships, VesselsValue’s data shows.25 January 2017 Wednesday 13:36
Euroseas Secures Loan to Finance Ultramax NewbuildGreek shipping company Euroseas informed about the signing and service of a drawdown notice under a USD 10.86 million loan to finance the recently acquired Ultramax newbuilding.25 January 2017 Wednesday 13:05
China Exim Bank to finance 10 valemaxes for China MerchantsChina Merchants Energy Shipping (CMES) is expected to secure a financing deal with China Exim Bank for the construction of 10 valemaxes.24 December 2016 Saturday 12:10
Ship Finance Adds First 19,200 TEU BoxshipBermuda-based ship owner Ship Finance International Limited has taken delivery of MSC Anna, the first of two 19,200 TEU container vessels ordered from South Korean shipbuilder Hyundai Heavy Industries (HHI).22 December 2016 Thursday 16:47
Emas Offshore reaches deal to refinance debtEmas Offshore, part of Singapore’s Ezra Holdings, says it has reached a deal with lenders to refinance its financial obligations over a period of five years.13 December 2016 Tuesday 10:15
Concordia Maritime Refinances P-MAX Tanker FleetSwedish tanker shipping company Concordia Maritime has signed two separate agreements to refinance its ten P-MAX ships.24 November 2016 Thursday 16:10
Concordia Maritime refinances entire MR tanker fleetSweden’s Concordia Maritime says it has signed two agreements to refinance its fleet of ten P-Max MR tankers.24 November 2016 Thursday 14:00
FRONT ROW
Liftboat Taking on Water in US Gulf
Shearwater Completes Acquisition of Schlumberger's Seismic Fleet- Ampelmann Completes Half a Million Safe Transfers for BP
- Liberia Becomes First Flag State to Join the Maritime Anti-Corruption Network
- Investigation into Suspected Vandalism of Canadian Coast Guard Vessel
- USS Sioux City First US Navy Ship to Enter Service at US Naval Academy
- Foul Play Suspected in Canadian Coast Guard Shipyard Incident
- Argentine Submarine Discovered One Year After Disappearance
- Biologists Urge Russia to Stop Capturing Whales
- Carnival Cruise Cuts Steel on First LNG-Powered Ship
- Rotten Fish to Help Power Hurtigruten Cruise Ships
- Bulker's Crew Managed to Halt Flooding During Severe Storm
- LE SOLEAL's Trip Cancelled due to Trouble in Patagonia
- Bulk Carrier in Distress Off Newfoundland
- Hopper Dredger Aground off India
- Hyundai Merchant Marine Posts Q3 Loss
- HMAS Melbourne Returns to Australia After Six-Month Deployment
- Successful First Launch for Marte ER Anti-Ship Missile
- Steel-Cutting Ceremony for Carnival Cruise's Largest Ship
- Capesize Bulk Carrier Resumed Sailing in Atlantic,
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