Finance and Insurance
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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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Norwegian green equipment leasing company launches
The teams behind Norway’s Storm Capital Partners and NorthCape Capital along with Grieg have debuted a new business to lease…
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Four more Japanese banks sign up to the Poseidon Principles
Four more Asian financial institutions have signed up to the Poseidon Principles, a framework established in 2019 by leading banks…
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ADES International to be taken private
UAE-based drilling rig operator ADES International has announced that it has agreed to be taken over by a consortium that…
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Leif Höegh bids to take Höegh LNG private in partnership with Morgan Stanley
Shipping’s trend towards delisting is picking up pace. Norwegian shipowner Leif Höegh revealed today it has teamed with Morgan Stanley…
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Damen sets up ship financing division
Dutch shipbuilder Damen Shipyards Group has announced that it will launch a specialised financial services division from April 1. The…
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Court gives PIL rescue plan the green light
Pacific International Lines’s (PIL) proposed scheme of arrangement – a de facto debt workout – has been sanctioned by the…
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Valaris set to emerge from chapter 11 after court approves restructuring plan
Offshore driller Valaris is planning to emerge from chapter 11 early next quarter after it received approval from the US…
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FSL refinances five product tankers as its banks $500,000 from LR2 resale deal
Singapore’s FSL Trust has sealed the refinancing of five product tankers with a Taiwanese financial institution. The trust has refinanced…
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Torm buys eight MRs from Team Tankers in cash plus shares deal
Denmark’s Torm is buying eight Croatian-built MR tankers from Team Tankers, paying for the ships with $82.5m in cash and…
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Anchor Ship Partners launches $5.65bn Japanese green ship fund
Japanese ship finance giant Anchor Ship Partners is launching a huge fund to build up an LNG carrier fleet to…
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New maritime startup fund launches in Singapore
Motion Ventures, a consortium-driven investment fund powered by Rainmaking, launched today in Singapore. The fund has a S$30m ($22.8m) target…
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BlackRock taking GasLog private in partnership with Livanos family and Onassis Foundation
New York-listed LNG carrier specialist owner GasLog has entered into an agreement and plan of merger with BlackRock’s Global Energy…
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