Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Equinor: Final investment decision for Bacalhau phase 1 in Brazil

Equinor: Final investment decision for Bacalhau phase 1 in Brazil

Equinor (operator) and ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) have decided to develop phase one of the …
Jun 1, 2021 / Finance
OHT secured bank financing of Alfa Lift

OHT secured bank financing of Alfa Lift

OHT announces that its wholly-owned ship owing company OHT Alfa Lift AS has today received and accepted a firm offer, subject to …
May 12, 2021 / Finance
National Australia Bank strengthens long-term sustainability for Port of Newcastle landmark loan

National Australia Bank strengthens long-term sustainability for Port of Newcastle landmark loan

National Australia Bank (NAB) has led the development of a landmark loan for Port of Newcastle (PON) that aligns financing for …
May 5, 2021 / Finance
Costamare Inc. Announces the Acquisition of the York Capital Majority Interest in Five 11,000 TEU Containerships with Long-Term Charters

Costamare Inc. Announces the Acquisition of the York Capital Majority Interest in Five 11,000 TEU Containerships with Long-Term Charters

Costamare Inc. (NYSE: CMRE) announced on Monday the acquisition of York Capital’s 60% equity interest, on average, in five 11,000 …
Apr 26, 2021 / Finance
Navigator Holdings and Ultragas ApS to merge fleets & businesses entity

Navigator Holdings and Ultragas ApS to merge fleets & businesses entity

Navigator Holdings Ltd. (Navigator) (NYSE: NVGS), on Monday (Apr 12) announced the signing of a non-binding Letter of Intent with …
Apr 13, 2021 / Finance
DP World announces £40mln pounds worth of investment at its Southampton terminal to meet growing customer demand over the next decade

DP World announces £40mln pounds worth of investment at its Southampton terminal to meet growing customer demand over the next decade

DP WORLD today announces that Southampton, Britain’s second largest container terminal, will benefit from a major programme of …
Apr 6, 2021 / Finance
Georgia Ports Authority makes major infrastructure investment

Georgia Ports Authority makes major infrastructure investment

Last Monday, March 29, the Georgia Ports Authority Board approved capital improvement projects that will increase the Port of …
Apr 5, 2021 / 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, today announced …
Mar 31, 2021 / Finance
Samsung Heavy Industries to Pay Settlement Money in Brazil

Samsung Heavy Industries to Pay Settlement Money in Brazil

Samsung Heavy Industries announced on Feb. 23 that it reached an agreement with Brazilian authorities with regard to a ship …
Feb 26, 2021 / Finance
Saudi ports record 13.7% hike in containers

Saudi ports record 13.7% hike in containers

The Kingdom’s ports recorded a 13.71 percent increase in container handling operations during November as compared to the same …
Dec 18, 2020 / Finance