Finance
HHI sees successful capital increase
Hyundai Heavy Industries (HHI) announced in a regulatory filing on March 12 that the Korean shipbuilding heavyweight received subscriptions for new shares from existing shareholders and employee stock ownership association during March 7-8, and t...
2018-03-14 07:16:02
Energean Israel signs huge facility agreement
Energean Oil & Gas (“Energean” or “the Company”) is pleased to announce that Energean Israel has signed a secured Senior Credit Facility (the “Facility Agreement”) of up to US$1.275 billion with Morgan Stanley, Natixis, Bank Hapoa...
2018-03-07 08:04:15
YZJ establishes new leasing JV
Yangzijiang Shipbuilding (Holdings) Group (YZJ) is starting a new joint venture with Jiang YanPing, a co-founder of SkyBridge Credit (SBC), through its fully owned subsidiary Yangzijiang Shipping Pte. Ltd. According to its regulatory filing on...
2018-03-02 06:38:36
Investment in HHIC-Phil promoted
Hanjin Heavy Industries & Construction (HHIC) is to boost attracting the investment of up to KRW 1trn (approximately $932m) in its Subic shipyard in the Philippines (HHIC-Phil). According to Korean investment bank sources, HHIC gave notice...
2018-02-27 07:06:48
DSME to issue convertible bond
Daewoo Shipbuilding & Marine Engineering (DSME) announced on February 20 that it will issue a KRW 48.3bn (approximately $44.86m) 30-year convertible bond (CB) on March 14, targeting at the Export and Import Bank of Korea (Korea Eximbank). ...
2018-02-22 07:07:25
ING-EIB provide EUR300m to finance green shipping
The European Investment Bank (EIB) and ING today signed an agreement to support green investments for the European shipping market for a total value of EUR 300m. ING and EIB will each contribute EUR 150m to the facility. This agreement will ensur...
2018-02-21 07:19:02
Sberbank-Sovcomflot conclude new financing agreement
Sberbank and Sovcomflot announced on February 12 that they have signed a new USD 106 million project financing agreement, with a term of up to 14 years. The funds will finance the construction of a high ice class Arctic shuttle tanker (Arc7) for ...
2018-02-14 07:15:06
China interested in buying German bank
Bank of China (BOC) and Commercial Bank of China (ICBC) are cited as potential buyers of DVB Bank, one of the world's leading ship finance providers.   According to industrial sources and foreign presses, the two Chinese banks are ex...
2018-02-14 07:12:18
Anyone . Anywhere . Anytime can be a SHIP Owner
Shipowner.io (https://shipowner.io) is the world’s first distributed ledger platform for participation in capital financing of assets and services in the maritime industry. It is the first of its kind where the focus is strictly on the $1.5 tri...
2018-02-06 07:23:33
CSSC injects huge capital to yards
CSSC Holdings, a listed company under CSSC, and CSSC Offshore & Marine are understood to be injecting around CNY10.2bn (about $1.6bn) of capital to four subsidiary yards. Two companies explained that the capital increase is in line with ...
2018-02-01 07:09:16
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