December 11th, 20190Cosco Shipping Development has announced that its financial leasing unit Cosco Shipping Leasing has applied for loans totalling RMB1.61bn ($229m) from three banks, and...
December 3rd, 20190Across Marintec China in Shanghai today the latest issue of Maritime CEO magazine launches. Dagfinn Lunde reacts to news that Splash readers have voted China’s rise as...
November 29th, 20190China’s CDB Leasing has acquired 9,400 teu boxship pair MSC Elma (built 2016) and MSC Romane (2017) from HNA Group’s SinoOceanic Shipping. CDB has paid $172.78m...
November 27th, 20190John Fredriksen’s Frontline says it has struck a deal with China’s ICBC Financial Leasing for the sale-and-leaseback of ten suezmaxes it recently agreed to acquire...
November 26th, 20190Greek dry bulk owner Castor Maritime has sealed an $11m secured term loan facility with Alpha Bank, which it expects to be drawn down before the end of the year. The...
November 25th, 20191Mr Prospector has found the time to go through 43 recent earnings reports. He is less than impressed. The gloomy weather up here in Airdrie has not been conducive to...
November 22nd, 201912The traditional start to any Maritime CEO Forum around the world is to get an analyst in the hot seat for a quick fire 30-minute Q&A to set the markets scene for...
November 21st, 20190New York-listed Diamond S Shipping has announced the launch of an underwritten secondary offering of 4,021,604 shares belonging to private equity firm First Reserve and...
November 19th, 20190Teekay Tankers (TNK) is taking the long road back to investors’ portfolios. After many lonely years out in the wilderness of “penny stocks”, Teekay Tankers...
November 19th, 20190China's SPDB Financial Leasing, the leasing unit of Shanghai Pudong Development Bank, has completed an operating lease deal for two containerships with CMA CGM. Under...
November 15th, 20190The classification sector shows no signs of slowing its diversification drive as ship orders dry up. Britain’s Lloyd’s Register is now getting into the financial...
November 14th, 20190Tor Olav Trøim’s Golar LNG has inked a sale and leaseback deal with CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, for one of its...
November 12th, 20190Greece’s Port of Piraeus has secured a EUR140m ($154.5m) loan from the European Investment Bank (EIB) to support the expansion and upgrading of the port. The loan,...
November 12th, 20190Cosco Shipping Specialized Carriers has announced that the company has approved a plan to enter into financial leasing deals with two leasing firms for four newbuild...
November 5th, 20190Bank of China and ICBC, two major banks in China, have received approval from Greek banking authorities to set up branches in the country. Bank of Greece, the central...
November 5th, 20190Hong Kong may well have given shipping a glimpse of the future of payments with news from OOCL’s tech company CargoSmart, which revealed today it has completed a...
November 5th, 20190Singapore-based bulker owner Dasin Holdings has sold eight supramax bulk carriers to Cosco Shipping Leasing under a sale and leaseback arrangement. Both Allied...
Finance and Insurance
