DryShips Secures $150Mln Credit Facility to partly finance the delivery of four VLGCs

DryShips Secures $150Mln Credit Facility to partly finance the delivery of four VLGCs

DryShips Inc. (NASDAQ: DRYS), a diversified owner of ocean-going cargo vessels, announced today, it has received firm commitment for a senior secured credit facility of up to $150 million with ABN AMRO Bank and …
May 30, 2017 /  Finance
BW LPG announces re-financing of six 2016 built ex-Aurora ships

BW LPG announces re-financing of six 2016 built ex-Aurora ships

BW LPG Limited (BW LPG) announced earlier today that it has signed a Debt Facility Agreement of USD290 million for the re-financing of six 2016 built ex-Aurora ships. The re-financing has been raised from The …
Mar 24, 2017 /  Finance
South Korea to check profitability of all ship orders

South Korea to check profitability of all ship orders

The South Korean government has announced that the state-run financial institutions will commence profitability checks on shipbuilding orders and large overseas construction projects to prevent local companies from …
Nov 17, 2015 /  Curious
BW LPG takes delivery of BW Gemini

BW LPG takes delivery of BW Gemini

BW LPG Limited announced the delivery of BW Gemini (IMO number 9703007), which is the third Very Large Gas Carrier (VLGC) in the company’s newbuilding program that in total consists of eight …
Mar 18, 2015 /  Vessels