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TOP Ships Inc. Announces New Bank Financing

TOP Ships Inc. Announces New Bank Financing

TOP Ships Inc., an international owner and operator of modern, fuel-efficient "ECO" tanker vessels currently focusing on the transportation of petroleum products, announced yesterday that it has entered into a senior …
Jul 18, 2018 /  Finance
Diana Shipping Inc. Announces Signing and Drawdown of a US$75 Million Term Loan Facility with BNP Paribas

Diana Shipping Inc. Announces Signing and Drawdown of a US$75 Million Term Loan Facility with BNP Paribas

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that on July 13, 2018, it signed a term loan facility with BNP Paribas for up to US$75 …
Jul 17, 2018 /  Finance
Nakilat achieves 9% increased profits for the first half of 2018

Nakilat achieves 9% increased profits for the first half of 2018

Nakilat announced its financial results for the first half of the year ended 30 June 2018, with the company achieving a net profit of QR 445 million compared to QR 409 million during the same period in 2017, an increase …
Jul 13, 2018 /  Finance
Golar LNG announces completion of sale of equity interest in Golar Hilli LLC  

Golar LNG announces completion of sale of equity interest in Golar Hilli LLC  

Reference is made to an earlier Company release dated August 16, 2017, which announced the transaction to sell an equity interest in Golar Hilli LLC, the indirect owner of the FLNG Hilli Episeyo, to Golar LNG Partners …
Jul 13, 2018 /  Finance
Seanergy Maritime Holdings Corp. Announces Refinancing of two Capesize Vessels

Seanergy Maritime Holdings Corp. Announces Refinancing of two Capesize Vessels

Seanergy Maritime Holdings Corp. (Seanergy) (NASDAQ:SHIP) announced yesterday that it has successfully completed the refinancing of a previous loan facility secured by M/Vs Lordship and Knightship (the …
Jul 10, 2018 /  Finance
Epic Gas Ltd. Closes US$ 34 Million Refinancing A total of 9 Vessels Refinanced This Year

Epic Gas Ltd. Closes US$ 34 Million Refinancing A total of 9 Vessels Refinanced This Year

Epic Gas Ltd. (Epic Gas) announced today that it has completed the refinancing of a further 5 LPG carriers in partnership with Crédit Agricole Corporate and Investment Bank. The new US$ 34 million facility has a …
Jul 9, 2018 /  Finance
BW Group enters into a definitive agreement to buy additional 36.3% stake in Hafnia Tankers

BW Group enters into a definitive agreement to buy additional 36.3% stake in Hafnia Tankers

BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of former Tankers Inc. The majority of the shares will be acquired through BTS, a …
Jul 9, 2018 /  Finance
KONGSBERG has entered into agreement to acquire Rolls-Royce Commercial Marine

KONGSBERG has entered into agreement to acquire Rolls-Royce Commercial Marine

Kongsberg Gruppen ASA (KONGSBERG) today entered into agreement with Rolls-Royce plc to acquire Rolls-Royce Commercial Marine, a world-leading technology business within maritime operations. The transaction is structured …
Jul 6, 2018 /  Finance
Wintermar Offshore Fully Repays US$39.72 Million Loan and Announces Sale of 2 Fast Multi-purpose Vessels

Wintermar Offshore Fully Repays US$39.72 Million Loan and Announces Sale of 2 Fast Multi-purpose Vessels

On 1st July 2018, the WINS Group fully repaid the US$39.72 million syndicated loan by OCBC Bank and PT OCBC NISP that was disbursed in 2010. Sugiman Layanto, Managing Director of PT Wintermar Offshore Marine Tbk …
Jul 4, 2018 /  Finance
Belfast Harbour Announces Record Results and Major Investment Programme

Belfast Harbour Announces Record Results and Major Investment Programme

In announcing its results for 2017, Belfast Harbour has reported a record financial performance and a strong investment pipeline of £132million in port infrastructure and real estate projects targeted at improving …
Jul 4, 2018 /  Finance