Kuehne + Nagel listed in sustainability index

Kuehne + Nagel, one of the world’s leading logistics companies, was included into the SIX Switzerland Sustainability 25 Index, the most impor...

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Seaspan Corp prepays two credit facilities

Seaspan Corporation announced that it has prepaid two credit facilities which were secured by six of its vessels. Upon completion of the collateral...

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Sovcomflot, Vnesheconombank and VEB Leasing enter into cooperation agreement

On 12 September 2018, during the 4th Eastern Economic Forum, a signing ceremony was held for a trilateral agreement on cooperation between Sovcomfl...

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Scorpio Bulkers announces a new loan

Scorpio Bulkers Inc. announced that the Company has received a commitment from a leading European financial institution for a loan facility of up t...

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GoodBulk seals new credit facility with ING Bank

GoodBulk Ltd. announces the following updates regarding its fleet and capital formation: On 28 August 2018 GoodBulk entered into a new credit fa...

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Total sells equity in Hazira Terminal to Shell

Total has signed a binding Letter of Intent (LOI) with Shell for the sale of its 26% minority equity stake in Hazira LNG regasification terminal in...

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RCL sees increased revenue & freight income in 2Q 2018

With higher liftings, Regional Container Lines (RCL) clinched an increase in revenue of THB 2,924 million in 2Q 2018, which translated to 2.8 per c...

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CEVA completes $1.4 billion refinancing

CEVA Logistics AG announces that it has successfully completed its comprehensive refinancing on Friday. CEVA has raised EUR300 million of 5.25% Sen...

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Bahri registers significant growth in net profit

Bahri, a global leader in logistics and transportation, has reported 20.47 per cent growth in net profit at SAR 185.41 million for the quarter ende...

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Iran extends insurance, ships to India for oil export

After the US sanctions against buyers of Iranian crude come into effect in November, Iran has reportedly decided to start providing ships and insur...

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Diana Shipping and BNP Paribas sign term loan facility

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that on July 13, 2018, it signed a term...

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Star Bulk begins trade on Oslo Stock Exchange

Star Bulk Carriers Corp., announced on July 6 2018 that it had closed the acquisition of fifteen operating dry bulk vessels from Songa Bulk ASA for...

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CMA CGM receives regulatory approvals for its investment in CEVA

CEVA Logistics A.G., one of the leading asset-light third-party logistics providers, announces that CMA CGM S.A. has obtained all regulatory approv...

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Scorpio Bulkers agrees refinancing for ultramax vessel

Scorpio Bulkers Inc. announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels ...

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Air Arabia Q1 net profit up 8% on high demand

Air Arabia PJSC reported strong financial results for the first quarter of 2018 as the Middle East’s first and largest low cost carrier conti...

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Scorpio Bulkers announces a commitment for a new loan facility

Scorpio Bulkers Inc. announced that the Company has received a commitment for a loan facility of up to $12.75 million from a leading European finan...

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Emirates set to close US$600 million Sukuk

Emirates is pleased to announce a successful execution of a US$600 million sukuk (Islamic finance issuance). The issuance received a good response ...

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Hapag-Lloyd with significantly higher operating result in 2017

Hapag-Lloyd achieved a significantly higher operating result (EBIT) for the full year 2017. Based on the preliminary unaudited figures, earnings be...

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Teekay Tankers declares dividend

Teekay Tankers Ltd. announced that its Board of Directors has declared a cash dividend of $0.03 per share for the quarter ended December 31, 2017, ...

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Emirates firms up orders for 36 A380s worth US$ 16 billion

Emirates, the world’s largest international airline, signed a contract for 20 additional A380 aircraft and 16 options, firming up the Memoran...

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