October 17th, 20190Dutch FPSO specialist SBM Offshore has completed the project financing of FPSO Liza Unity for a total of $1.14bn. The financing was secured by a consortium of nine...
October 16th, 20190Norway’s 2020 Bulkers and Ocean Yield have entered into a sale and leaseback deal for newbuild newcastlemax bulkers Bulk Seoul and Bulk Shanghai. Ocean Yield is...
October 16th, 20190Navios Maritime Partners has repaid its $418.5m Term Loan B via a series of refinancing measures. The refinancing includes a $301m financing from commercial banks,...
October 11th, 20190Norway’s Ocean Yield has acquired 2016-built 37,300 cbm ethylene gas carrier from Navigator Holdings for $69.75m net of seller’s credit. The vessel will be...
October 9th, 20191We’re into the final quarter of the decade, one of the most tumultuous periods in the history of commercial shipping. The past 10 years have seen the world’s...
October 9th, 20190Norwegian OSV specialist DOF continue to search for a long-term refinancing solution as it continues to find the market challenging. DOF and 65%-owned subsidiary DOF...
October 8th, 20191An eight-year massive ship insurance fraud case came to a close yesterday with the High Court in London ruling that the suezmax was not the victim of a pirate attack,...
October 8th, 20190US dry bulk vessel operator Eagle Bulk has secured a $34.3m incremental term loan under its existing five-year senior secured term loan facility maturing in 2024, from...
October 7th, 20194The Davos of shipping is an overused cliché these days - with every maritime conference organiser claiming to have an unparalleled line-up of speakers and...
October 4th, 20191Carsten Mortensen is back, hunting product tanker opportunities with a new fund. The former CEO of both BW and Norden has teamed with well-known shipping private...
October 3rd, 20195The editor told me the world is my oyster, I have a free rein to discuss what I like in this column. He might live to regret that. First up, let me get something off...
October 2nd, 20190One of shipping’s best known analysts is back with his own firm. Mike Webber, who resigned from Wells Fargo Securities in July, has launched Webber Research &...
October 1st, 20190Arne Fredly’s Oslo-listed pure-play VLCC company Hunter Group, via subsidiary Hunter Tankers, has entered into a $15m revolving credit facility with Apollo Asset, a...
September 27th, 20190Malaysian offshore service provider Bumi Armada has received up to RM317m ($75m) of financing from Mezzanine Equities, a unit of its largest shareholder Usaha Tegas,...
September 25th, 20190London-based containership owner Global Ship Lease (GSL) has commenced a $40m public offering of its Class A common shares. The company says the proceeds of the...
September 20th, 20190Seaspan Corporation has closed an additional $500m funding via its portfolio financing program, cash it says will be used to repay five secured credit facilities and may...
September 20th, 20190George Procopiou-led Dynagas LNG Partners has secured a syndicated loan of $675m from a group of international banks. The credit facility will be secured by mortgages on...
Finance and Insurance
