MarCoPay Inc. realizes world's first onboard use of digital currency

The world’s first onboard use of digital currency has occurred through the MarCoPay fintech platform, which is operated by NYK and the Philip...

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FRO raises cash to finance 10 Trafigura Suezmaxes

Frontline Ltd. announced that it has signed a sale-and-leaseback agreement in an amount up to $544 million with ICBC Financial Leasing Co., Ltd.. ...

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Seaspan acquired four 2,000-teu container ships

Seaspan Corporation announced that it has agreed to purchase a fleet of four containerships for approximately $367 million in cash. The purchase of...

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PSA Marine achieves exciting milestone with acquisition of Tramarsa Flota

PSA Marine (Pte) Ltd had completed the 100% acquisition of Tramarsa Flota S.A. and its subsidiaries in Peru from the Grupo Romero. The Stock Purcha...

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Diana Shipping cancels the sale of panamax dry bulk vessel, the M/V Calipso

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that it has received a notice of cancel...

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SFL Corporation announces the sale of older VLCC

SFL Corporation Ltd. announces that it has sold and delivered the 2002-built VLCC Front Hakata to an unrelated third party. The net cash proceeds ...

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Cheniere to ring NYSE bell in celebration of 1,000th LNG cargo milestone

Cheniere Energy, Inc. announced that Jack Fusco, its President and Chief Executive Officer, along with other members of the Cheniere management tea...

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Castor Maritime announces financing agreements to expand fleet

Castor Maritime Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that it has successfully entered into ...

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OOCL: Total volumes & revenues up in Q4 and full year

As per its unaudited operational updates, for the fourth quarter of 2019 (ended December 31, 2019), OOCL’s total volumes were 4.8 per cent up...

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DAE signs new US$300 million 4-year unsecured term loan

Dubai Aerospace Enterprise (DAE) Ltd. announced that it has signed a US$300 million 4-year unsecured term loan with China Construction Bank (DIFC B...

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Safe Bulkers refinances $105.2 million of existing loan facilities

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that the Company has entered into sale and lease...

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TORM obtains USD 496m bank financing for the refinancing of existing debt

TORM has obtained commitment from leading ship lending banks for two separate term facilities and a revolving credit facility of up to a total of U...

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NIB finances new hybrid electric ferries in Norway

NIB and the Norwegian ferry operator Fjord1 ASA have signed a seven-year loan agreement of NOK 750 million (EUR 76 million) to finance the acquisit...

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Euronav offloads three VLCCs in sale and leaseback deal

Euronav NV announces that it has entered into a sale and leaseback agreement for three VLCC vessels with Taiping& Sinopec Financial Leasing Ltd...

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Diamond S obtains $525 million credit facility

Diamond S Shipping Inc., announced that it has closed on a five-year $525 million credit facility, composed of a $375 million term loan and a $150 ...

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Cargojet Redeems Outstanding 4.65% Convertible Debentures

Cargojet Inc. announced that it has redeemed the $2,139,000 aggregate principal amount outstanding on its 4.65% convertible unsecured debentures du...

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MOL acquires full ownership of EML

Höegh Autoliners and Mitsui OSK Lines (MOL) have signed an agreement whereby MOL will acquire Höegh Autoliners’ 50 percent sharehol...

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MOL secures Green Loan for largest LNG bunkering vessel

Mitsui O.S.K. Lines, Ltd. announced it has signed its first green loan, the proceeds of which will be used to partially finance the construction of...

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Pyxis Tankers announces vessel sale

Pyxis Tankers Inc., an emerging growth pure play product tanker company, announced that it had agreed to sell the Pyxis Delta, a 2006 built 46,616 ...

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Unifeeder acquires the Feedertech Group

Unifeeder has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator. The Group’s Chairman, Ali Maghami...

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