Finance and Insurance
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Nicolas Saverys fails in first bid to take Exmar private
Nicolas Saverys has not been successful in his initial bid to take over Belgian gas shipowner and infrastructure provider Exmar.…
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Former ABN Amro shipping head Joep Gorgels joins Greenstar Capital
Veteran financier Joep Gorgels has emerged as senior advisor for shipping at Greenstar Capital, an Amsterdam-based fund offering investment opportunities…
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Livanos wraps up GasLog Partners buyout
Peter Livanos-controlled GasLog has completed a merger with its affiliate, GasLog Partners. The deal saw GasLog take the owner of…
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Shipping insurance broker duo team up in Marine Alliance JV
Hamburg-based marine insurance broker Marine Assekuranz has partnered up with Norway’s Fram Insurance Brokers under the Marine Alliance banner. The…
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MSea Capital secures $30m debt refinancing
Maritime Finance, part of First Citizens Bank’s CIT division, has arranged the refinancing of MR product tankers worth up to…
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Jinjiang Shipping targets $416m from Shanghai listing
Jinjiang Shipping, the liner unit of Shanghai International Port Group (SIPG), has put a number on its proposed initial public…
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DHT seals funds for latest VLCC purchase
DHT Holdings has revealed a new secured credit facility that will be used to finance recently acquired modern VLCC. End-May,…
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Port of Esbjerg gets over $1bn for green energy projects
The Port of Esbjerg has entered into a cooperation agreement with PensionDanmark, a labour market pension fund, for investments of…
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California investing $1.5bn in port infrastructure projects
California has announced an investment of more than $1.5bn which would enhance the operations of several ports in the US…
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Seanergy steps up buybacks as it expands with first newcastlemax addition
Greek capesize owner Seanergy Maritime has spent around $1.6m repurchasing its own shares as part of a buyback scheme and…
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Costamare boss takes stake in Seanergy Maritime
Another dry bulk firm has piqued the interest of other shipowners in the public market. Konstantinos Konstantakopoulos, chairman and CEO…
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Victor Restis embroiled in UK legal case
Greek shipping tycoon Victor Restis is embroiled in a legal battle in the UK, demanding £37m ($47m) be repaid from…
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Shipowners need a new approach to green finance
Environmental performance is an increasing focus in all financing discussions, so shipowners need a clear decarbonisation strategy to secure funding,…
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Okeanis Eco Tankers seals $113m for debt refinancing
Greece’s Okeanis Eco Tankers has secured a new $113m senior secured credit facility from Dutch lender ABN AMRO to refinance…
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Odfjell Drilling completes refinancing
Oslo-listed semisub player Odfjell Drilling has completed its planned refinancing through the issuance of a secured bond and through amending,…
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Diana Shipping loans over $122m to refinance existing debt
The Semiramis Paliou-led Diana Shipping has signed a term loan facility with DNB Bank for up to $100m with a…
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Libra board member becomes major shareholder in greentech firm
Tergeo Limited has become a major shareholder in greentech company SulNOx following a series of off-market transactions. Tergeo Limited now…
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Scorpio Tankers fixes $1bn financing for 45 ships
Monaco-based Scorpio Tankers has clinched a financing deal for 45 ships worth $1bn. The New York-listed owner and operator of…
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Danaos questions Eagle Bulk’s poison pill decision
Greek containership owner Danaos, the largest shareholder of Eagle Bulk Shipping, has questioned the company’s move to adopt a poison…
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American funding agreed for Greek shipyard
The US Congress has approved $125m in funding for Elefsis Shipyards, located near Piraeus. The US International Development Finance Corporation…
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