Maritime news

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Port of Portland Receives Grants for Terminal 6 Modernization

Port of Portland Receives Grants for Terminal 6 Modernization

The Port of Portland recently received several grants that will make possible $42 million of infrastructure improvements at …
Nov 4, 2022 / Finance
Port Everglades Receives $19 million U.S. Infrastructure Grant

Port Everglades Receives $19 million U.S. Infrastructure Grant

Port Everglades has been awarded a $19 million federal grant by the U.S. Department of Transportation under the Port …
Oct 31, 2022 / Finance
The Grilmaldi Group Acquires A Controlling Stake In The Port Of Igoumenitsa

The Grilmaldi Group Acquires A Controlling Stake In The Port Of Igoumenitsa

During a meeting held on October 6th, the Board of Directors of the Hellenic Republic Asset Development Fund – the fund in charge …
Oct 10, 2022 / Finance
Yinson Secures USD720 Mln Mini Perm Financing For FPSO Maria Quiteria

Yinson Secures USD720 Mln Mini Perm Financing For FPSO Maria Quiteria

Facility agreement signed with ING, Maybank, Natixis, Standard Chartered Bank and United Overseas Bank as Mandated Lead Arrangers, …
Oct 7, 2022 / Finance
Finnlines invests heavily in passenger traffic with two new ro-pax vessels for the route between Finland and Sweden

Finnlines invests heavily in passenger traffic with two new ro-pax vessels for the route between Finland and Sweden

The first of two new cargo-passenger, or ro-pax, vessels will start operating on the Naantali–Långnäs–Kapellskär route in autumn …
Oct 5, 2022 / Finance
Multi-million-pound rail investment at the Port of Southampton to enhance container offering

Multi-million-pound rail investment at the Port of Southampton to enhance container offering

Associated British Ports (ABP), the UK’s leading ports group and Solent Stevedores have announced a joint investment of £17.5 …
Sep 27, 2022 / Finance
DBJ and ClassNK establishes “Zero-Emission Accelerating Ship Finance” - First evaluation and financing is provided to Kumiai’s LPG carrier

DBJ and ClassNK establishes “Zero-Emission Accelerating Ship Finance” - First evaluation and financing is provided to Kumiai’s LPG carrier

Development Bank of Japan Inc. (DBJ) and ClassNK established "Zero-Emission Accelerating Ship Finance (Program)" to support the …
Sep 19, 2022 / Finance
AtoB@C Shipping has signed EUR 32.2Mln loan agreement with Svenska Skeppshypotek in relation to electric hybrid vessel investment

AtoB@C Shipping has signed EUR 32.2Mln loan agreement with Svenska Skeppshypotek in relation to electric hybrid vessel investment

AtoB@C Shipping, a subsidiary of ESL Shipping, has signed EUR 32.2 million loan agreement with Svenska Skeppshypotek. The maturity …
Sep 19, 2022 / Finance
Gulf Navigation seals refinancing deal for 5 petrochemical tankers

Gulf Navigation seals refinancing deal for 5 petrochemical tankers

Gulf Navigation Holding PJSC, the Dubai Financial Market listed maritime and shipping company, announced successfully completing …
Aug 17, 2022 / Finance
Jawaharlal Nehru Port becomes first 100% Landlord Major Port of India

Jawaharlal Nehru Port becomes first 100% Landlord Major Port of India

Capacity of JNPCT will increase to 1.8 million TEUs from 1.5 million TEUsPort received Royalty price of Rs. 4,520 per TEU against …
Jul 19, 2022 / Finance