February 23rd, 20180The Wall Street Journal (WSJ) is reporting that American private equity firms J C Flowers and Cerberus Capital Management have sealed a deal to buy Germany’s HSH...
February 20th, 20180ING and the European Investment Bank (EIB) have signed an agreement to support green investments for the European shipping market for a total value of €300m ($372m)....
February 13th, 201849The second of February could become known in the future as Black Friday for the traditional powerhouses in ship finance. It was 11 days ago that Shipowner.io was...
February 13th, 20180Russia’s biggest lender Sberbank and the country’s largest shipping company Sovcomflot have signed a 14-year project finance agreement worth $106m.
The money will...
February 8th, 20180
Singapore liftboat specialist Ezion Holdings has secured a $1.5bn refinancing package with its six secured lenders.
DBS, OCBC, UOB, MayBank, CIMB and...
February 7th, 20180MPC Container Ships, the fast growing feeder specialist set up by Germany’s MPC Capital, is building up further funds for more vessel acquisitions.
Having just...
February 5th, 20182Shipowner.io was launched Friday claiming to be the world’s first distributed ledger platform for participation in capital financing of assets and services in the...
January 22nd, 20180UK insurance provider Thomas Miller has acquired international marine consultancy business Brookes Bell for an undisclosed sum.
Liverpool-headquartered Brookes...
January 21st, 20180Connecticut-based tanker owner Chembulk Tankers has raised $200m in a secured bonds issue.
Proceeds from the offering will be used for the refinancing of...
January 17th, 20180The vessel scrapping choices of four Asian shipping lines have incurred the wrath of the world’s largest sovereign wealth fund. Oslo-headquartered Norges Bank has...
January 16th, 20180Insurance giant Thomas Miller has moved to take over Navigators Management’s fixed-premium protection and indemnity business in a deal likely to close within the next...
Greek tanker owner Tsakos Energy Navigation (TEN) has announced that it has sold two of its suezmaxes for $65.2m via a sale and leaseback deal with an unnamed...
January 11th, 20180Bahri Dry Bulk, a joint venture between Saudi Arabian shipping firm Bahri and Arabian Agricultural Services Company (ARASCO), has secured Sharia-compliant funding of...
January 10th, 20180Societe Generale has become the bank with the most overt support for LNG as a fuel for shipping. The French bank has become the first financial institution to sign up to...
January 10th, 20180Cosco Shipping Development has announced a plan to set up a shipping industrial fund with state-controlled China Cinda Asset Management to expand its presence in the...