Finance and Insurance
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Okeanis Eco Tankers agrees $84m debt refinancing loan
Greek owner Okeanis Eco Tankers has secured a new $84m senior secured credit facility from Crédit Agricole to refinance existing…
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Golden Energy Offshore raising $30m to fund Vroon quintet buy
Norway’s Golden Energy Offshore Services (GEOS) is looking to raise up to $30m of new capital to fully fund the…
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Seacor Marine loans $122m to refinance existing debt
US offshore vessel operator Seacor Marine has entered into a new $122m senior secured term loan with affiliates of EnTrust…
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McDermott seals debt restructuring deal
Houston-based offshore contractor McDermott has reached an agreement with its creditors and stakeholders on a restructuring plan that will push…
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EIT InnoEnergy raises over $150m in private placement round
EIT InnoEnergy, an innovation engine in sustainable energy, has completed its private placement round and raised over €140m ($150m) of…
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MSC faces big bill from Flaminia blast case
A court in the UK has upheld a judgement that charterers cannot limit an owner’s claim for its own losses…
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ICTSI seals $750m loan for further growth
Manila-headquartered International Container Terminal Services Inc (ICTSI) has secured a six-year $750m loan from Metropolitan Bank & Trust Co (Metrobank)…
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Asset manager joins forces with American shipping investment bank
ABL Corporation, a global independent asset manager with over $5bn in transportation and real estate assets under management, and AMA…
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ADS Maritime picks up $1m worth of shares in Golden Ocean
Oslo-listed ADS Maritime has become a shareholder in John Fredriksen-controlled bulker owner Golden Ocean. The Terje Bodin Larsen-led shipping investment…
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Financing secured to complete 640 MW offshore wind farm in Taiwan
Skyborn Renewables, a portfolio company of Global Infrastructure Partners (GIP), and its partners TotalEnergies, Electricity Generating Public Company (EGCO) and…
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Of science friction and chocolate fireguards
For his latest monthly column, Pierre Aury picks out two numbers – 43 and 75 – as a source of…
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ADES readies Saudi IPO
Oil and gas driller ADES International has announced plans to proceed with an initial public offering (IPO) on the Saudi…
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BW LPG sets sights on US listing
VLGC owner BW LPG is planning to list in the US, the company revealed in its second-quarter earnings on Tuesday.…
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BW Offshore refinances Catcher FPSO
Oslo-listed BW Offshore has secured a $200m financing package for its floating, production, storage and offloading vessel operating in UK…
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Saverys holds firm on Exmar price as he reopens takeover bid
Nicolas Saverys has opted to remain firm on his initial bid to take over Belgian gas shipowner and infrastructure provider…
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Norwegian newcomer Eldorado Drilling raises funds for drillship acquisitions
Norwegian outfit Eldorado Drilling, backed by several high-profile investors, has raised $130m to fund its offshore rig acquisition programme. The…
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DNB sells down in Seadrill
Norway’s DNB Bank has offloaded 1m shares in New York and Oslo-listed offshore driller Seadrill. The share sale is equal…
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Insurers take fright as tensions rise in the Taiwan Strait
With China facing economic headwinds Beijing has deployed a regular tactic to distract – sending its military toward the island…
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China probes senior BoCom Leasing executive in anti-graft campaign
Another senior executive from a leading Chinese leasing house is being investigated in connection with an anti-graft probe. Local media…
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MMA Offshore seals $85m financing
Australia’s MMA Offshore has secured A$130m ($85m) finance facility with the aim to optimise its balance sheet while providing additional…
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