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Yang Ming announces the completion of the capital injection for its 2nd private placement
Yang Ming announces today(8) the completion of the capital injection for its 2nd private placement by placing common stocks 257,753,442 new shares ...
Read MoreScorpio Bulkers modify a contract to acquire a single ultramax vessel with a new loan facility
Scorpio Bulkers Inc., announced that the company has received a commitment from a leading European financial institution for a loan facility of up ...
Read MoreCMA CGM sells 90% interest in Global Gateway South Terminal
The CMA CGM Group completed the sale of a 90% equity interest in Global Gateway South terminal (GSS) in Los Angeles (United States) to EQT Infrastr...
Read MoreYang Ming announces the completion of rights offering
Yang Ming Marine Transport Corp. (YM) announces that it has completed the rights offering by issuing 500 million new shares at premium of NTD$12 pe...
Read MoreTeekay Tankers and Tanker Investments announce closing of merger
Teekay Tankers Ltd., announced the closing of the previously announced merger of the two companies. Upon the closing of the merger, each outstandi...
Read MoreBoeing forecasts $730 billion market for new airplanes in Middle East
Boeing forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing...
Read MoreScorpio 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 $85.5 million from Nordea Bank AB (publ), Ne...
Read MoreHapag-Lloyd successfully completes capital increase
By partially utilizing the authorized capital, the gross issue proceeds amount to approximately EUR 352 million (approx. USD 414 million). 96.5 per...
Read MoreDiana Containerships sells 7 ships for $104 m.
Diana Containerships Inc. a global shipping company specializing in the ownership of containerships, announced that it has entered into an agreemen...
Read MoreCMA CGM to acquire majority stake in Sofrana Unilines
CMA CGM announces that it has reached an agreement to purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key p...
Read MoreHapag-Lloyd to conduct capital increase following merger with UASC
Hapag-Lloyd AG will now carry out the capital increase that was agreed upon as part of the merger of Hapag-Lloyd and UASC. The gross proceeds are e...
Read MoreFiji probes more than 20 vessels for possible North Korean links
Fiji has said that it had identified 20 falsely flagged ships it suspects North Korea is using to evade sanctions. Fiji, along with Interpol and th...
Read MoreAPM Terminals sells Paranagua port share
APM Terminals announced the sale of its 5% share in Terminal de Contêineres de Paranaguá (TCP) to China Merchants Port Holdings. The s...
Read MoreHSH Nordbank’s Shipping Loan Loss Provisions Still High
Due to persistently difficult conditions in the shipping market seen during the first half of 2016, loan loss provisions for shipping at Germany&rs...
Read MoreTransocean announces agreement to acquire Songa Offshore SE
Transocean Ltd. has reached an agreement with Songa Offshore SE whereby it will, subject to certain conditions, make a Voluntary Exchange Offer to ...
Read MoreGulf Navigation Holding marked rapid profit growth in the first half of 2017 by 33%
The Dubai based “Gulf Navigation Holding PJSC”, listed in Dubai Financial Market (DFM) under “GULFNAV”, announced 33% growt...
Read MoreSwedish Club secures further solvency strength
The Swedish Club returned a solid performance in the first six months of the accounting year, following the release today of its half-year results....
Read MoreTeekay 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 June 30, 2017, repr...
Read MoreTUI sells rest of Its shares in Hapag-Lloyd AG
It is the end of a turbulent chapter in the 170-year history of the company. At the beginning of the week, TUI AG, the tourism company to which Ha...
Read MoreDiana Shipping agrees to a loan of US$82.6 million to Diana Containerships Inc
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that it has agreed to refinance its ex...
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