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Tagged in Financing
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 Australia’s largest east coast seaport with long-term environmentally and socially responsible outcomes.The arrangement …
May 5, 2021 / Finance
SCF Group concludes new project financing for two LNG carriers
Joint venture companies belonging to Sovcomflot (SCF Group), NYK Line and Samudera, have signed a new USD 155 million non-recourse credit facility, for up to eight years, with two leading international banks: MUFG Bank and Development Bank of Japan …
Nov 16, 2020 / Vessels
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 (Jul09) announced that it had successfully completed the refinancing of a previous loan facility for the Pyxis Theta. …
Jul 10, 2020 / Finance
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 Facility for the financing of the seventh and eight CLEANBU vessels with delivery in 2021 where Nordea is acting as Coordinator …
Jul 6, 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 L.P. (CPLP) (NASDAQ: CPLP), an international owner of ocean-going vessels, Wednesday (May 27) announced the successful closing of the refinancing of its three 9,000 TEU container vessels. Caption: Containership CMA CGM …
May 28, 2020 / Finance
Overseas Shipholding Group, Inc. Announces Financing for Newbuild Jones Act Barge
Overseas Shipholding Group, Inc. (NYSE: OSG) announces that it has closed on a $33,150,000 loan led by Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc. for a term of 5 years. OSG’s subsidiary, OSG 204 LLC, obtained the …
Mar 31, 2020 / Finance
Exmar secures vessel financing
EXMAR announced earlier today that SINOSURE has approved the release of approximately USD 40 million from the Debt Service Reserve Account under the TANGO FLNG loan facility. The documentation for the release of the restricted cash has been signed …
Jan 24, 2020 / Finance
Höegh LNG: Secures Flexible and Cost-Efficient Financing
Höegh LNG Holdings Ltd. (Höegh LNG) Tuesday (Jan14) received commitment letters for a revolving credit facility of up to USD 80 million with security in the company’s common units in Höegh LNG Partners LP. Caption: FSRU Independence - Image courtesy …
Jan 15, 2020 / Vessels
Awilco LNG ASA – WilForce and WilPride refinancing fully executed
Awilco LNG ASA (Awilco LNG) announced yesterday the successful closing and completion of the 10-year sale/leaseback facility with CCB Financial Leasing Co. Ltd. (CCBFL) for the WilForce and the WilPride, as announced on 18 October 2019. Caption: …
Jan 8, 2020 / Vessels
TOP Ships Inc. Announces Financing for Recently Acquired Two Newbuilding Vessels
TOP Ships Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products, has announced that it has entered into agreement with a major Chinese …
Dec 29, 2019 / Finance