Maritime news

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BW Offshore to liquidate owner of New Zealand FPSO to prevent further losses

BW Offshore to liquidate owner of New Zealand FPSO to prevent further losses

The Board of Directors of BW Umuroa Pte. Ltd. (BWU), a wholly owned subsidiary of BW Offshore, on Thursday (Oct22) resolved to …
Oct 26, 2020 / Finance
EU awards funding to Kapellskär-Naantali Maritime Bridge environmental initiative

EU awards funding to Kapellskär-Naantali Maritime Bridge environmental initiative

Port of Kapellskär, together with the Port of Naantali, has been granted EU funding to reduce, among other things, air pollutant …
Oct 22, 2020 / Finance
Hermitage Offshore Services Announces Results of Chapter 11 Auction Bid Process for Sale of Vessels

Hermitage Offshore Services Announces Results of Chapter 11 Auction Bid Process for Sale of Vessels

Hermitage Offshore Services Ltd. (HOFSQ:OTC) (Hermitage Offshore) announces the selection of the successful bids for the Company’s …
Oct 13, 2020 / Finance
Keppel O&M secures two contracts worth approximately $200 million

Keppel O&M secures two contracts worth approximately $200 million

Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel AmFELS and Keppel Shipyard, …
Sep 22, 2020 / Finance
Hafnia Investment in Methanol Export Plant At The Port of Kalama In Washington, USA

Hafnia Investment in Methanol Export Plant At The Port of Kalama In Washington, USA

Hafnia Limited (Hafnia) announced on Monday (Sep14) an investment in Northwest Innovation Works, Kalama, LLC (NWIW) together with …
Sep 15, 2020 / Finance
DP World and CDPQ Expand Global Investment Platform to US$8.2 billion

DP World and CDPQ Expand Global Investment Platform to US$8.2 billion

Platform has achieved its investment target of US$3.7 billion since launching in 2016 Current portfolio of ports and terminals …
Sep 11, 2020 / Finance
Titan LNG’s Bio-LNG Breakthrough Project Receives EU Funding

Titan LNG’s Bio-LNG Breakthrough Project Receives EU Funding

Titan LNG, one of the leading suppliers of LNG to the marine and industrial markets in Europe, has been granted €11 million …
Jul 20, 2020 / Finance
Port of Helsinki receives five million euros of investment aid from the EU

Port of Helsinki receives five million euros of investment aid from the EU

The Port of Helsinki Ltd has received financial support from the EU for the Helsinki port investment projects on the …
Jul 17, 2020 / 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, on Thursday …
Jul 10, 2020 / Finance
Klaveness Combination Carriers secures the first sustainability linked bank financing in Norwegian shipping

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 …
Jul 6, 2020 / Finance