Finance
d’Amico signs S&LB deal
d’Amico International Shipping S.A. (Borsa Italiana: DIS) (the “Company”or “DIS”), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C. (...
2018-12-05 08:41:41
Okeanis secures newbuilding capital
Okeanis Eco Tankers Corp. (OSE: OET-ME) (the “Company”) has secured one additional firm commitment for a secured loan facility (the “Facility”) in the aggregate amount of USD 59 million from ABN Amro in respect of the financing of one of ...
2018-12-03 08:45:10
Busan Bank seeks new growth
Bin Dae-in, the President and CEO of Busan Bank, has recently noted that Busan Bank will seek a new growth as a bank specialized in marine finance sector.   He said, "In order to find regional growth engines and support businesses, B...
2018-11-29 08:39:08
KfW IPEX-Bank finances two transport vessels for Greenland
The vessels will be built at Zamakona Shipyard in Spain, with approx. 30% of components supplied from Germany. The financing is backed by cover from the Spanish export credit insurer CESCE and includes funds from the Spanish CIRR (Commercial Inte...
2018-11-27 08:34:04
Norsepower concluded equity financing
Norsepower Oy Ltd., the leading provider of low maintenance, software operated, and data verified auxiliary wind propulsion systems, announced that it has concluded its equity financing round, raising €3.6million in funding to drive the company...
2018-11-21 08:50:18
SCF Group banks loan for new LNGC
Sovcomflot (SCF Group) announced that it has signed a new USD 149 million credit facility, for up to 10 years, with a consortium of three leading international banks, comprising: ING Bank N.V.; KfW IPEX-Bank GmbH, and Crédit Agricole Corporate a...
2018-11-19 08:42:46
BHGE announces secondary offering
Baker Hughes, a GE company (NYSE:BHGE) (“BHGE” or the “Company”) announced that General Electric Company (“GE” or the “selling stockholder”) has commenced a secondary offering (the “offering”) of 92,000,000 shares of BHGE Clas...
2018-11-19 08:41:46
Foremost inks financing for two BC newbuildings
Foremost Group, a US-based bulker company, has secured financing for its newbuilding duo. According to industry sources, the shipowner has succeeded in securing ship loan of around $41m from First Bank of Taiwan. The money goes to two 84,70...
2018-11-14 08:34:27
'12th Marine Money Forum' is held
Under a partnership with the Export-Import Bank of Korea (KEXIM), the Korea Development Bank (KDB), the Korea Trade Insurance Corporation (K-sure), the Busan Economic Promotion Agency (BEPA) and Marine Money, Busan Metropolitan City hosted the 12...
2018-11-02 08:43:02
Okeanis Eco Tankers finances HHI VLCC newbuilds
Okeanis Eco Tankers Corp. announced that it has secured firm commitments for two secured loan facilities for an aggregate amount of $116.3 million from Credit Suisse AG and BNP Paribas in respect of the financing of two of its VLCC newbuildings, ...
2018-10-31 08:24:45
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