Ship Finance announces $400m Lease Financing for 4 x 14,000 TEU container vessels

Ship Finance announces $400m Lease Financing for 4 x 14,000 TEU container vessels

Ship Finance International Limited (NYSE: SFL) (Ship Finance) announces that it has entered into lease financing agreements (each, a "Lease Financing") totaling $400 million with an Asian-based institution to finance …
Nov 7, 2018 /  Finance
Teekay Offshore Partners announces settlement agreements with Petrobras

Teekay Offshore Partners announces settlement agreements with Petrobras

Teekay Offshore Partners L.P. (NYSE:TOO) (Teekay Offshore) announced today that certain of its subsidiaries have entered into a settlement agreement with Petróleo Brasileiro S.A. and Petroleo Netherlands B.V. …
Oct 29, 2018 /  Finance
Ardmore Shipping Corporation Announces Refinancing Of Four Vessels

Ardmore Shipping Corporation Announces Refinancing Of Four Vessels

Ardmore Shipping Corporation (NYSE: ASC) (Ardmore) yesterday announced that it has signed agreements for the refinancing of four vessels. Caption: Chemical/Oil Products Tanker Ardmore Dauntless - Image courtesy …
Oct 26, 2018 /  Finance
LNG Carriers Set to Exceed 50% of DSME's Sales

LNG Carriers Set to Exceed 50% of DSME's Sales

Daewoo Shipbuilding & Marine Engineering (DSME) said on Oct. 15 that liquefied natural gas (LNG) carriers would soon account for more than 50 percent of its sales. During an investor relations (IR) meeting held at …
Oct 17, 2018 /  Finance
EuroDry Ltd. reports refinancing of the debt of four drybulk vessels

EuroDry Ltd. reports refinancing of the debt of four drybulk vessels

EuroDry Ltd. (NASDAQ: EDRY), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced Monday (Oct 15) that it has completed the refinancing of the debt of M/V …
Oct 16, 2018 /  Finance
Scorpio Tankers Announces Update on Scrubbers

Scorpio Tankers Announces Update on Scrubbers

Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announced Monday (Oct 15) that following its entry into an agreement to retrofit 15 of its LR2s with Exhaust Gas Cleaning Systems (Scrubbers), it has agreed letters of …
Oct 16, 2018 /  Finance
Star Bulk Carriers announces a pioneering green loan to finance the retrofitting of 50 scrubbers

Star Bulk Carriers announces a pioneering green loan to finance the retrofitting of 50 scrubbers

Star Bulk Carriers Corp. (Star Bulk) (Nasdaq: SBLK, Oslo: SBLK‐R), a global shipping company focusing on the transportation of dry bulk cargoes announced Tuesday (Oct 09) that it has entered into a $310 million loan …
Oct 10, 2018 /  Finance
New mega-investment in port of Antwerp

New mega-investment in port of Antwerp

The Austrian petrochemical company Borealis has announced that it is to build a new production plant on its existing site in Kallo, in the Antwerp port area. The propane dehydrogenation (PDH) plant will use the very …
Oct 8, 2018 /  Finance
Scorpio Bulkers Inc. Announces a Commitment for a New Loan Facility

Scorpio Bulkers Inc. Announces a Commitment for a New Loan Facility

Scorpio Bulkers Inc. (NYSE:SALT) (Scorpio Bulkers) announced today that the Company has received a commitment from Nordea Bank Abp, acting through its New York branch, and DVB Bank SE for a loan facility of up to $90.0 …
Oct 4, 2018 /  Finance
Refinancing of EXMARs pressurized fleet

Refinancing of EXMARs pressurized fleet

EXMAR announced on Wednesday (Oct 03)  that it has received a firm commitment for the refinancing of its ten fully-owned pressurized vessels. Caption: LPG tanker Magdalena - Image courtesy of Aart van …
Oct 4, 2018 /  Finance