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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.. ...
Read MoreSeaspan 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...
Read MorePSA 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...
Read MoreDiana 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...
Read MoreSFL 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 ...
Read MoreCheniere 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...
Read MoreCastor 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 ...
Read MoreOOCL: 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...
Read MoreDAE 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...
Read MoreSafe 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...
Read MoreTORM 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...
Read MoreNIB 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...
Read MoreEuronav 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...
Read MoreDiamond 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 ...
Read MoreCargojet 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...
Read MoreMOL 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...
Read MoreMOL 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...
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