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...
Read MorePyxis 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 ...
Read MoreUnifeeder 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...
Read MoreAir Arabia places US$14 billion order for 120 Airbus A320 family aircraft
Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), set another milestone with one of the region’s...
Read MoreEmirates announces US$ 16 billion order for 50 A350-900 XWB
Emirates, the world’s largest international airline, announced a firm order for 50 A350-900 XWB aircraft worth US$ 16 billion (AED 58.7 billi...
Read MoreHapag-Lloyd doubles operational result in the first nine months
In the first nine months of 2019, Hapag-Lloyd’s earnings before interest and taxes (EBIT) significantly increased to EUR 643 million (9M 2018...
Read MoreEUR 140 million EIB backing for Port of Piraeus transformation
The European Investment Bank (EIB) formally agreed to provide EUR 140 million to support expansion and upgrading of the Port of Piraeus, the princi...
Read MoreMPC Capital acquires stake in tanker specialist Albis Shipping & Transport
MPC Capital AG, an international asset and investment manager of real assets, has acquired a strategic stake of 50 percent in Albis Shipping & ...
Read MoreJaxport awarded $20 million from federal government
The federal government has awarded the Jacksonville Port Authority (JAXPORT) a $20 million grant for the reconstruction of more than 100 acres of e...
Read MoreBW LPG enters agreement to sell two large gas carriers
BW LPG Limited, has entered into a Memorandum of Agreement (MOA) to sell the remaining two Large Gas Carriers (LGCs) in the fleet. BW Nantes and B...
Read MoreSovcomflot signs financing and time-charter agreements
SCF Group and VEB.RF Group, a Russian financial institution, signed an agreement for lease financing of the lead ship in a series of icebreaking LN...
Read MoreBahri’s net profit surges 81 pc in Q3
Bahri, a global leader in logistics and transportation, announced strong financial results for the third quarter ended September 30, 2019, on the b...
Read MoreBoskalis awarded EUR 45 million dredging project in the Republic of Maldives
Royal Boskalis Westminster N.V. has been awarded a contract by the Ministry of National Planning and Infrastructure, Republic of Maldives, in relat...
Read MoreTT Club wins Marine Insurance Award in Middle East
TT Club received the award for Marine Insurer of the Year at a ceremony held at Atlantis The Palm, Dubai. The award celebrates an insurance compan...
Read MoreTrafigura secures USD 1.5 billion-equivalent syndicated revolving credit facility
Trafigura Pte Ltd, a market leader in the global commodities industry, announced the closure of its new Syndicated Revolving Credit Facility and Te...
Read MoreChapman Freeborn OBC expands global footprint with new office in Los Angeles, California
Chapman Freeborn OBC has expanded its global network of offices to Los Angeles, California to help provide dedicated support for customers in the U...
Read MoreApollo Asset grants Revolving Credit Facility of USD 15m for Hunter Tankers
Hunter Tankers AS, a wholly owned subsidiary of Hunter Group ASA, has entered into a USD 15.0 million revolving credit facility agreement with Apol...
Read MoreScorpio Bulkers sold 2 ultramax bulk carriers for $37.9 million
Scorpio Bulkers Inc. announced that the Company has entered into agreements with an unaffiliated third party to sell the SBI Puma and SBI Cougar, 2...
Read MoreOSC signs USD 110mn loan to refinance 5 ships
Muscat-based Oman Shipping Company (OSC) has agreed a new USD 110 million ship financing deal with banking and financial services company Standard ...
Read MoreHapag-Lloyd launches online marine insurance "Quick Cargo Insurance"
Hapag-Lloyd is expanding its digital product portfolio. As one of the first container shipping companies, Hapag-Lloyd is now offering its customers...
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