Tuesday, August 21, 2018

Caution Remains the Watchword for Global Marine Insurance, says IUMI

Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union of Marine Insurance (IUMI) gives...

Navios Maritime Holdings to Raise USD 300 Million from Senior Secured Notes

Greek shipping major, Navios Maritime Holdings on Monday announced that it is looking to raise USD 300 million through senior secured notes due 2022....

Trafigura Signs Record USD 5.725 Bn European Multicurrency Syndicated Revolving Credit Facilities & JPY72.64...

Trafigura Group Pte Ltd., a market leader in the global commodities industry, has successfully refinanced its flagship European multicurrency syndicated revolving credit facility (ERCF)...

China Development Bank Stamps Sale & Leaseback Pact for Ice Class LNG Carriers

The China Development Bank Financial Leasing (CDBL) has invested USD 363.8 million in two 162,000 cbm ice Class 1A LNG carrier vessels. The bank entered...

Fjord1 Secures Fresh Loans

Norwegian ferry company Fjord1 ASA has obtained new loans from two banks. The company said it has secured committed NOK 4,458 million (USD 537.28...

Tullow Ghana Awards 4 Year Contract to Maersk Drilling

Maersk Drilling has been awarded a four year contract for the deep-water drillship Maersk Venturer by Tullow Ghana Ltd. The contract, which was signed December...

World’s First FSO Vessel with 40-year Hull Lifespan Completed by Sembcorp Marine

FSO Ailsa, the world’s first Floating Storage and Offloading (FSO) vessel with a 40-year hull lifespan, will set sail next month for the Culzean...

Seaspan and Canada’s NSS Celebrate First Vessel Designed and Launched Under NSS

Seaspan Shipyards (Seaspan) celebrated the launch of the first large vessel to be designed and built under the Government of Canada’s National Shipbuilding Strategy...

GoodBulk Announces Delivery of Capesize Vessel

GoodBulk Ltd. announced that on February 5, it took delivery of the Aquavoyageurs, a 2005 built Capesize vessel of 177,022 dwt built by Namura,...

APL Enhances Intra-Asia Connectivity via New Japan-Taiwan-Thailand Express Service

APL today announced the launch of a new Intra-Asia shortsea service – the Japan-Taiwan-Thailand Express (JTX) service. Covering six key ports in Japan, the JTX...