ADS Maritime Holding acquires stakes in modern shuttle tankers

ADS Maritime Holding Plc has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of 4 modern shuttle t...

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Frontline announced termination of charter-in contracts of two VLCCs

Frontline Ltd. announced that Frontline Shipping Limited has agreed with SFL Corporation Ltd. to terminate the long term charters for the 2004-bui...

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Stena RoRo assisting Marad in purchase of two vessels

MARAD has signed a contract for the purchase of two vessels. Crowley serves as vessel acquisition manager (responsible for contract implementation)...

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Scorpio Tankers announces agreements to sell three vessels

Scorpio Tankers Inc. announces that the Company has entered into agreements to sell three vessels (two LR2s and one MR). The sale price of the t...

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Diana Shipping announces sale and leaseback of m/v Florida

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned s...

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ANZ signs perpetually linked loan with Yumin Shipping

ANZ and Yumin Shipping Singapore, a subsidiary of Yumin, signed a USD 50 million "Sustainability linked loan" on March 16. The loan is fo...

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Yumin Shipping and OCBC Bank of Singapore signed a perpetually linked loan

Yumin Shipping adheres to the belief of green shipping, builds intelligent and sustainable ships with the concept of energy saving and environmenta...

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ITA Airways gets joint bid from Lufthansa, MSC

The Company announces that it has received an Expression of Interest from the MSC Group and Lufthansa to acquire the majority of ITA Airways. The M...

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ESL Shipping continues fleet renewal

ESL Shipping continues fleet renewal by selling its smallest, 9,000 dwt towable barge Espa to Raduga Shipping and Trading OÜ. The transaction ...

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Seaspan closes $838M loan for 8 new containerships

Seaspan Corporation, a wholly owned subsidiary of Atlas Corp, is proud to announce fulsome details on one of its financing arrangements previously ...

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Swissport International AG gains full ownership of Korean JV

Swissport International AG has increased the shareholding in its Swissport Korea joint venture to 100 percent from formerly 59 percent, underlining...

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Emirates expands cargo capacity with $1 billion investment

Emirates SkyCargo, a leader in the global airfreight industry, announced that it will induct two new Boeing 777Fs into its fleet in 2022 and also c...

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Odfjell sold the last three 9,000-dwt short-sea vessels

The sale marks an exit from Odfjell's short-sea regional trade in Asia as the remaining vessel on a time charter to Odfjell will also be re-del...

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Gebruder Weiss takes over 3s Transport & Logistics in Istanbul

The international transport and logistics service provider Gebrüder Weiss is taking over Istanbul-based 3S Transport & Logistics with effe...

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International Seaways announces refinancing of six vessels

International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum pro...

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ZIM announces acquisitions of seven secondhand vessels during October 2021

ZIM Integrated Shipping Services Ltd., announced that during the month of October 2021, it purchased seven secondhand vessels (built between 2007-2...

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Klaveness Combination Carriers sells a 21-years old CABU vessel

A subsidiary of Klaveness Combination Carriers ASA has concluded a sale of the 2001-built CABU vessel, MV Banasol, as a dry bulk vessel. Second-ha...

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GasLog announces sale and leaseback of GasLog Salem

GasLog Ltd. announced the completion of the sale of GasLog Salem to a wholly owned subsidiary of China Development Bank Leasing for $128 million, r...

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Tata Group to acquire 100% stake in Air India

Tata group has emerged as the successful bidder of the divestment process of the national carrier Air India. The Tata group’s holding company...

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Airbus joins DAX stock exchange index in Germany

Airbus SE has become a member of the new DAX40 index in Germany. On 3 September 2021, Deutsche Börse completed the expansion of the DAX from ...

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