Finance and Insurance
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Splash Annual Review: Can everyone please calm down?
The newbie, aspiring writer comes to China and feels like he or she could write a 1,000-page epic. After a…
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MOL to issue shipping’s first blue bonds
Japan’s Mitsui OSK Lines (MOL) will become the first shipowner in the world to issue blue bonds next month. All…
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Ship finance lenders make headway on sector’s emission targets
The 34 banking signatories to the Poseidon Principles, representing a loan portfolio to global shipping of about $240 billion, have…
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Edda Wind seals green term loan facility agreement
Edda Wind has entered into a green term loan facility agreement for the pre- and post-delivery financing of the four…
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Scorpio Tankers buying back more ships
Monaco-headquartered Scorpio Tankers has revealed another series of vessel repurchases tied to debt or lease financing. The Emanuele Lauro-led product…
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Yinson Production closes $500m financing
Yinson Production has secured a five-year corporate loan of up to $500m. The Singapore-based unit of the Malaysian Yinson Group…
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Okeanis Eco Tankers debuts on the New York Stock Exchange
Greek owner Okeanis Eco Tankers (OET) will start listing its shares on the New York Stock Exchange (NYSE) from this…
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Cadeler seals $592m green finance deal ahead of Eneti merger
BW Group-backed Danish offshore wind contractor Cadeler has agreed senior secured green loan deals worth €550m ($592.5m). The financing is…
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Christen Sveaas slams Solstad restructuring deal
Norwegian investor Christen Sveaas had come down hard on fellow tycoon Kjell Inge Røkke over the recent refinancing deal of…
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Hayfin builds $1bn shipping war chest
Hayfin Capital Management has generated around $400m for its shipping fund, bolstering its ability to acquire assets worth up to…
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Want the maritime technology market to thrive? Stop glorifying raising money
Nick Chubb, the founder of Thetius, with some useful advice to startup founders. Picture the scene. You are a wide-eyed…
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BW Epic Kosan privatised
The privatisation process of BW Epic Kosan has been completed with the gas ship operator exiting the Oslo Børs today. …
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Awilco LNG refinances both ships in new leasback deal
Norwegian gas carrier operator Awilco LNG has secured refinancing for the company’s two LNG carriers WilForce and WilPride. The Jon…
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Gram Car Carriers buys back panamax as it fixes new finance
Norway’s Gram Car Carriers (GCC) has secured a $35m loan to buy back the 6,700 ceu panamax vessel Viking Bravery…
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Shipping: innocent victim of the global financial crisis?
Banking regulations are changing, and that’s potentially bad news for shipping, as Pierre Aury explains. Long gone are the days…
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Petrofac explores asset sale
Energy services company Petrofac said on Monday it was in talks to sell some non-core assets as it works to…
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New research reveals financiers’ beliefs on shipping’s green transition
A new research paper published in Journal of Environmental Innovation and Societal Transitions by researchers from the UCL Energy Institute…
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Eneti agrees $436m loan to finance WTIV newbuild duo
Emanuele Lauro-led offshore wind vessels player Eneti has executed a senior secured green term loan facility of up to $436m…
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Latsis and Costamare-backed Neptune Leasing backs Lomar dry bulk play
UK-based diversified shipowner of the Libra Group, Lomar Shipping, has raised capital with Neptune Maritime Leasing for its growing fleet…
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Six in 10 investors considering divestment from maritime sector amid ESG concerns
Sustainability and communications consultancy Woodrow has published a report showing that 64% of senior finance professionals in the UK are…
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