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Tagged in Financing
GasLog Ltd. Announces Newbuild Financing Facility
GasLog Ltd. (GasLog) (NYSE:GLOG) announces that it has signed an Export Credit Agency-backed debt financing of $1.05 billion with twelve international banks for its current newbuilding programme (Newbuild Facility). The Newbuild Facility covers the …
Dec 16, 2019 / Finance
UECC secures “Green Financing” for new generation pure car and truck carriers
UECC has secured “Green Financing” in relation to the Company’s investment in new generation pure car and truck carriers (PCTC) with Battery Hybrid LNG Solution taking the company beyond IMO’s target of 40 percent carbon reduction by 2030.United …
Dec 2, 2019 / Vessels
Okeanis Eco Tankers Corp. Announces USD 45.9 Million Pre-delivery Financing for Two Suezmax Newbuildings
Okeanis Eco Tankers Corp. (OAX: OET) announces that it has secured commitment to a USD 45.9 million secured loan facility from Alpha Bank A.E. at highly attractive terms to finance 88.95% of the total pre-delivery yard instalments for its two ECO …
Oct 31, 2019 / Finance
Awilco LNG Secures Refinancing for WilForce and WilPride
Awilco LNG ASA announced on Friday that the term sheet for the refinancing of the Company’s two 2013-built 156,000 cbm TFDE LNG carriers WilForce and WilPride has been credit approved. Caption: LNG tanker WilForce - Image courtesy of Manuel Hernández …
Oct 21, 2019 / Finance
Oman Shipping signs $110mn refinancing facility for three tanker vessels and two very large crude carriers
A $110 million refinancing facility for three tanker vessels and two very large crude carriers (VLCCs) was announced on Sunday by Standard Chartered and Oman Shipping Company (OSC), a member of the Asyad Group.The signing ceremony took place at …
Sep 17, 2019 / Finance
Awilco Announces Refinancing Agreement For Two 156,000cbm LNG Vessels
Awilco LNG ASA announced on Friday (Aug02) that a term sheet for the refinancing of the Company’s two 2013-built 156,000 cbm TFDEs WilForce and WilPride (the Vessels) has been agreed and signed with a major leasing company based in Asia. Caption: …
Aug 5, 2019 / Finance
Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers
Friday (Jun 07), at the St. Petersburg International Economic Forum, Sovcomflot and VEB.RF Group announced the signing of agreements whereby VEB Leasing will finance the construction of three new LNG-fuelled MR tankers.Caption: The agreements were …
Jun 10, 2019 / Finance
Teekay Offshore Partners Secures $450 Million Shuttle Tanker Fleet Refinancing
Тeekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced Thursday (May23) that in accordance with previously noted financing plans, it has secured a new $450 million revolving credit facility for sixteen shuttle tankers.The facility will …
May 27, 2019 / Finance
ECO-friendly shuttle tankers secure financing of innovative new VOC technology developed in Norway
Teekay Offshore has secured long-term financing from the Norwegian Government for four new shuttle tankers being built at Samsung Heavy Industries (SHI) in South Korea.The shuttle tankers are all equipped with a new innovative technology developed by …
May 22, 2019 / Vessels
Flex LNG signs $550m of financing for four LNG carriers
Flex LNG LTD (OSE:FLNG) (Flex LNG) announced on Monday (Apr29) that it has entered into a sale-charter back transaction with Hyundai Glovis Co. Ltd. (Hyundai Glovis) for the vessels Flex Endeavour and Flex Enterprise.Caption: LNG tanker …
May 3, 2019 / Finance