Maritime news

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Titan LNG’s Bio-LNG Breakthrough Project Receives EU Funding

Titan LNG’s Bio-LNG Breakthrough Project Receives EU Funding

Titan LNG, one of the leading suppliers of LNG to the marine and industrial markets in Europe, has been granted €11 million …
Jul 20, 2020 / Finance
Port of Helsinki receives five million euros of investment aid from the EU

Port of Helsinki receives five million euros of investment aid from the EU

The Port of Helsinki Ltd has received financial support from the EU for the Helsinki port investment projects on the …
Jul 17, 2020 / Finance
Pyxis Tankers Inc. Announces Refinancing of Modern Product Tanker

Pyxis Tankers Inc. Announces Refinancing of Modern Product Tanker

Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (Pyxis Tankers), a growth-oriented, pure play product tanker company, on Thursday …
Jul 10, 2020 / Finance
Klaveness Combination Carriers secures the first sustainability linked bank financing in Norwegian shipping

Klaveness Combination Carriers secures the first sustainability linked bank financing in Norwegian shipping

Klaveness Combination Carriers ASA (KCC) has secured a USD 60 million Sustainability Linked Term Loan and Revolving Credit …
Jul 6, 2020 / Finance
Port Houston Awarded Nearly $80 Million INFRA Grant

Port Houston Awarded Nearly $80 Million INFRA Grant

Funding for restoration and improvements to Barbours Cut Container Terminal Port Houston receives nearly $80 million toward its …
Jun 18, 2020 / Finance
Aker forms joint venture with Ocean Yield for seven tankers

Aker forms joint venture with Ocean Yield for seven tankers

In order to strengthen the balance sheet, Ocean Yield ASA (Ocean Yield) has entered into an agreement with Aker Capital AS (Aker) …
Jun 12, 2020 / Finance
SEACOR Marine Announces Agreement to Consolidate SEACOSCO Joint Venture

SEACOR Marine Announces Agreement to Consolidate SEACOSCO Joint Venture

SEACOR Marine Holdings Inc. (NYSE: SMHI) (SEACOR Marine), a leading provider of marine and support transportation services to …
Jun 8, 2020 / Finance
First Green Loan for Van Oord

First Green Loan for Van Oord

Van Oord has developed a Green loan framework as part of its financing strategy. The first Green Loans under the agreement were …
Jun 1, 2020 / Finance
Capital Product Partners Announces the Successful Refinancing of Three 9,000 TEU Container Vessels Generating $38.8Mln of Additional Liquidity

Capital Product Partners Announces the Successful Refinancing of Three 9,000 TEU Container Vessels Generating $38.8Mln of Additional Liquidity

Capital Product Partners L.P. (CPLP) (NASDAQ: CPLP), an international owner of ocean-going vessels, Wednesday (May 27) announced …
May 28, 2020 / Finance
DEME Announces Sale of 12,5% Interest in Merkur Offshore Wind Farm To APG and TRIG

DEME Announces Sale of 12,5% Interest in Merkur Offshore Wind Farm To APG and TRIG

DEME Concessions, a subsidiary of the DEME Group, completes the sale of its stake (12.5%) in the Merkur Offshore Wind Farm. The …
May 14, 2020 / Finance