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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TORM plc finalizes USD 100m private placement

TORM plc hereby announces that the previously announced Private Placement (cf. company announcements no. 2 of 22 January 2018 and no. 3 of 23 Janua...

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flydubai uses new structures to finance its fleet of MAX aircraft

Dubai-based flydubai, announced, that it has closed two new financing structures: a Japanese Operating Lease with a Call Option (JOLCO) and an Airc...

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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 ...

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Scorpio 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 ...

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CMA 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...

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Yang 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...

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Teekay 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...

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Boeing 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...

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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 $85.5 million from Nordea Bank AB (publ), Ne...

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Hapag-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...

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Diana 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...

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CMA 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...

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Hapag-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...

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Fiji 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...

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APM 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...

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HSH 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...

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Transocean 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 ...

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Gulf 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...

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