Oman Shipping signs $110mn refinancing facility for three tanker vessels and two very large crude carriers

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 …
Sep 17, 2019 /  Finance
Awilco Announces Refinancing Agreement For Two 156,000cbm LNG Vessels

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 …
Aug 5, 2019 /  Finance
Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers

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 …
Jun 10, 2019 /  Finance
Teekay Offshore Partners Secures $450 Million Shuttle Tanker Fleet Refinancing

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 …
May 27, 2019 /  Finance
ECO-friendly shuttle tankers secure financing of innovative new VOC technology developed in Norway

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 …
May 22, 2019 /  Vessels
Flex LNG signs $550m of financing for four LNG carriers

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 …
May 3, 2019 /  Finance
Teekay Offshore Partners Announces $100 Million FPSO Fleet Refinancing

Teekay Offshore Partners Announces $100 Million FPSO Fleet Refinancing

Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced yesterday that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO …
May 2, 2019 /  Finance
Golar LNG received a firm USD 700Mln Financing Commitment for FLNG Gimi

Golar LNG received a firm USD 700Mln Financing Commitment for FLNG Gimi

Golar LNG Limited (Golar) announced yesterday that, further to the announcement made on February 26 with regards to the BP Tortue project, Gimi MS Corporation (Gimi MS), a 70% owned subsidiary of Golar, has received a …
Apr 17, 2019 /  Finance
Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan

Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan

Watson Farley & Williams (WFW) advised long-standing client Teekay Offshore Partners L.P. (Teekay Offshore) on a US$414m debt facility to fund four LNG-fuelled newbuild shuttle tankers. The facility, which bears …
Apr 11, 2019 /  Finance
Teekay Offshore Partners Secures New $414 Million Debt Facility for Four Shuttle Tanker Newbuilds

Teekay Offshore Partners Secures New $414 Million Debt Facility for Four Shuttle Tanker Newbuilds

Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced yesterday that it has secured a new $414 million long-term debt facility that will be used to finance four LNG-fueled Suezmax DP2 shuttle tanker …
Apr 5, 2019 /  Finance