Finance and Insurance
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Capital Product Partners unveils Athens $100m bond sale plan
Capital Product Partners (CPLP) is looking to raise up to €100m ($100.3m) in Greece through unsecured bonds which will be…
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Borr Drilling agrees refinancing deal with most creditors
Norwegian jackup rig owner Borr Drilling has reached an agreement in principle with most secured creditors on the extension of…
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NIBC eyes further growth as shipping portfolio passes $1bn mark
Dutch lender NIBC Bank has passed the €1bn ($1bn) mark in its shipping portfolio, with eyes set on further growth.…
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Scorpio Tankers buys back six MRs from China Huarong
Emanuele Lauro’s Scorpio Tankers has exercised options to buy back six 2014-built MR product tankers from China Huarong Shipping Financial…
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Seanergy Maritime clinches $59m in new loans
Nasdaq-listed Seanergy Maritime has sealed new financing deals worth a total of $59m for two of its most recently acquired…
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Flex LNG moves to pump up liquidity by $100m with refinancing of seven ships
John Fredriksen’s Flex LNG has initiated a new phase of refinancing aiming to bolster its liquidity by some $100m. The…
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KNOT Offshore Partners agrees suezmax dropdown
KNOT Offshore Partners (KNOP) has acquired a company that owns the shuttle tanker, Synnøve Knutsen, from parent Knutsen NYK Offshore…
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Performance Shipping seals funds for Maran Tankers’ aframax deal
Nasdaq-listed Performance Shipping has agreed a term loan of close to $40m with Piraeus Bank to partially finance the acquisition…
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Transport Capital establishes presence in Switzerland
Transport Capital, a well known name in ship finance, has added a presence in Geneva with the appointment today of…
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D’Amico agrees new refinancing deal for product tanker pair
Italian owner d’Amico International Shipping (DIS) has closed refinancing agreements with Japanese counterparties for two of its recently reacquired product…
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David Ofer exits Zodiac Tankers to run family’s tech investment business
David Ofer is stepping down as chief executive of Zodiac Tankers to head up his family’s tech-focused venture capital fund,…
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Lunde’s fintech platform gets an upgrade
Dagfinn Lunde-led eShipfinance.com has unveiled an upgrade to the pioneering disruptive capital provider. The maritime fintech firm now caters for…
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DP World lands $300m for stake in Indian subsidiary
Dubai-headquartered terminal operator DP World has secured a $300m investment from India’s sovereign wealth fund, National Investment and Infrastructure Fund…
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Green Energy Group’s seismic business sale stalls
Green Energy Group, formerly Seabird Exploration, has announced that a potential agreement to sell its seismic operations has been suspended,…
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TGS to take over Magseis Fairfield in $237m deal
Oslo-listed seismic player TGS has moved to take over fellow seabed seismic firm Magseis Fairfield in a deal that values…
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BlackRock becomes major shareholder in Borr Drilling
BlackRock, one of the largest asset managers in the world, has been revealed as a major shareholder in Norwegian jackup…
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Standard Supply snaps up PSV pair
Norway’s Standard Supply, majority owned by Øystein Stray Spetalen’s investment vehicle SD Standard ETC, has expanded its fleet with the…
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Borr Drilling to sell three rigs for $320m
Norwegian jackup rig owner Borr Drilling has signed a binding letter of intent with an undisclosed third party to sell…
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Cash-strapped Lamprell in takeover talks
Financially troubled Lamprell has seen its shares plummet as it said it was exploring funding options and that it had…
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DOF seals debt restructuring deal
Oslo-listed OSV operator DOF and its subsidiary DOF Subsea have entered into an agreement with a larger number of creditors…
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