Finance and Insurance
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SGX launches cape and handy FFA trades
Singapore Exchange (SGX) has added four new forward freight agreement (FFA) and futures contracts in the capesize and handysize segments,…
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Eurazeo sets up €300m green maritime fund
Paris-based private equity investor Eurazeo is launching a sustainable maritime infrastructure thematic fund, which will finance more environmentally friendly infrastructures…
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Standard Chartered signs up to the Poseidon Principles
Standard Chartered announced today that it has become a signatory to the Poseidon Principles, a global framework that aims to…
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World Bank urges governments to stop spending on LNG bunkering infrastructure
The World Bank has a new report out this week on decarbonising maritime transport in which it specifically recommends countries…
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Julian Proctor leads new green leasing entity
Julian Proctor is spearheading a new green shipping leasing company. The ex-Tiger Group executive joined asset management firm EnTrust Global…
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Navios Acquisition gets up to $100m loan from Angeliki Frangou-linked firm
New York-listed tanker owner and operator Navios Maritime Acquisition has secured an up to $100m loan from a subsidiary of…
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Global Shipping Business Network seals first banking tie-up
Blockchain grouping Global Shipping Business Network (GSBN) has teamed with Bank of China (Hong Kong) in a bid to help…
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Euronav seals $95m green financing deal
Belgian tanker giant Euronav has inked a deal for a €80m ($95m) unsecured sustainability linked revolving credit facility, taking its…
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Hamburg Commercial Bank makes play for Asian shipping business
Philip Clausius-led Transport Capital has formed a new partnership with German lender Hamburg Commercial Bank (HCOB). Transport Capital will exclusively…
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Taylor Maritime targets London listing
With handy bulk carriers going through an exceptional earnings streak, one rising name in the trade is gearing up for…
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Norwegians buy 50% stake in Ørsted’s Borssele 1 & 2 offshore wind farm
Norges Bank Investment Management (NBIM), an asset management division of the Norwegian central bank, is to acquire a 50% ownership…
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Takeover of Seacor Holdings nearing completion
In December 2020, Seacor Holdings, a company publicly traded on the New York Stock Exchange, announced that it had entered…
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Harris Antoniou returns with new leasing company backed by the Latsis family
Veteran financier Harris Antoniou is back in business with a new leasing company based out of Jersey in the UK,…
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Seadrill eyes $4.8bn debt write-off
John Fredriksen’s offshore drilling firm Seadrill has put forward a plan to write-off just over $4.8bn of debt, according to…
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Egypt may file $1bn claim for Suez Canal calamity
Egypt could be lining up a $1bn claim in damages after the 20,388 teu giant container vessel caused a headline…
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NYK seals sustainability linked loan deals worth $804m
Nippon Yusen Kaisha (NYK) has signed two sustainability-linked loan (SLL) deals with combined value of $804m. The SSLs are NYK’s…
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Bpifrance beefing up stake in Technip Energies
French national investment bank Bpifrance has confirmed its energy transition-focused strategy with the investment of $100m in Paris-based Technip Energies.…
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PIL restructuring completed
The restructuring of Pacific International Lines (PIL), the world’s 12th largest liner company, has been completed with a unit of…
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The Andy Warhol moment
Splash’s chief opinion writer, Andrew Craig-Bennett, reflects on shipping’s 15 minutes of fame. “There were no wrecks, and nobody drowned…
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Navig8 declares purchase option on chemical tanker financed by Ocean Yield
Navig8 Chemical Tankers has declared an option to acquire the 2016-built chemical , currently on a long-term charter from Norway’s…
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