Finance and Insurance
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Scorpio Tankers inks another sale and leaseback deal
Emanuele Lauro’s Scorpio Tankers has sealed a deal to sell and leaseback six MR product tankers to China Huarong Shipping…
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Galvanised banks descend upon Athens
Expect more bankers to be in attendance at next month’s Posidonia than at any time since the start of the…
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Maersk successfully pilots first marine insurance blockchain platform
Insurwave, the world’s first marine hull insurance blockchain platform, is up and running and is ready for commercial use after…
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Greeks hammered for weak corporate governance
Greeks occupy the bottom ten spots in the latest of a regular corporate governance poll carried by investment bank Wells…
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Hong Kong finally gears up to take the fight to Singapore
After a lost couple of decades, Hong Kong authorities are finally gearing up to make the city more competitive for…
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Teekay Tankers to bank $36m from sale and leaseback deal
Teekay Tankers revealed in its latest set of results that it has agreed a sale and leaseback deal for seven…
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Scorpio seals sale and leaseback of five product tankers
Emanuele Lauro’s Monaco-based Scorpio Tankers has sealed a deal with China’s AVIC International Leasing for the sale and leaseback of…
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Italian shipping non-performing loans up for sale top $1bn
As of today in Italy there are roughly $1bn of shipping-related non-performing loans (NPLs) up for sale, according to Fabrizio…
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YieldStreet makes ‘game-changing’ ship finance play
YieldStreet, an alternative investment platform, has debuted marine finance as a new asset class, believed to be a first-of-a-kind investment…
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Rolls-Royce and AXA team up
An insurance company is teaming up with a leading marine equipment manufacturer to explore how to develop ships of the…
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Zhuhai Port sets up financial leasing unit
China’s Zhuhai Port has announced plans to set up financial leasing unit Zhuhai Port Financial Leasing Company as part of…
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National Australia Bank: ‘We want to support the strongest players in each segment’
National Australia Bank (NAB) is looking to expand its presence in shipping finance despite the ongoing challenges in the ship…
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Genco secures $460m refinancing
US bulker owner Genco Shipping & Trading has entered into a commitment letter for a five-year $460m senior secured credit…
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FSL Trust in discussions to refinance chemical tanker pair
Singapore shipping trust FSL Trust Management says it is currently in negotiations with banks regarding the refinancing of chemical tankers…
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Scorpio Tankers seals new loans worth $196m
Moanco-headquartered Scorpio Tankers has sealed deals for three separate loan facilities worth up to $195.9m, adding $53.9m of new liquidity…
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Lessors strengthen their grip on the container equipment market
The move towards container leasing and away from carrier ownership continues unabated and the leased fleet now has a clear…
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KfW IPEX-Bank joins green ship recycling initiative
German bank KfW IPEX-Bank has become the first German bank to join the initiative Responsible Ship Recycling Standards (RSRS), which…
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Chinese financial leasing ready for transformation
Chinese financial leasing companies are looking to further expand their presence in the global ship financing market, having already filled…
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Six ways to spot an ICO scam
With shipping initial coin offerings raining in the team at Data Driven Investor provide a useful checklist to sort the…
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Ship Finance International raising $150m via note offering
John Fredriksen’s Ship Finance International (SFL) is raiding up to $150m via an issue of convertible senior notes due 2023.…
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