Finance
Teekay opens dialogue about Green Bond issue
Teekay Shuttle Tankers L.L.C. has mandated Danske Bank, DNB Markets, Nordea and Skandinaviska Enskilda Banken AB (publ) to arrange a series of fixed income investor meetings in Bergen, Helsinki, Stockholm and Oslo commencing on Wednesday October ...
2019-10-08 08:49:15
KOBC-KB to give shipping finance supports
The Korea Ocean Business Corporation (KOBC) and KB Kookmin Bank entered into an agreement in Busan Metropolitan City, Korea, on September 26 for mutual cooperation in investment and finance sectors, with the goal of securing competitiveness in sh...
2019-10-07 08:30:12
K-SURE to provide export finance to Formosa 2
Korea Trade Insurance Corporation (K-SURE) announced that it is providing $270m (around KRW324bn) of export finance to Formosa 2 offshore wind farm project, in which Korean companies are participating. The project is K-SURE’s first commitment t...
2019-10-02 16:39:39
Global banks encourage decarbonization move
Global giant banks have agreed to consider how much efforts they made for decarbonization in order to grant shipping companies loans.  Under this initiative called 'Poseidon Principles', banks will evaluate how well a shipping company ful...
2019-10-02 08:22:31
3. Maj escapes from bankruptcy
Croatia’s 3. Maj shipyard managed to stop collapse on the blink of bankruptcy. Foreign media reported that Rijeka Commercial Court suspended the bankruptcy proceedings of the yard as the last foreclosure was stopped on September 25. With ...
2019-09-26 14:31:59
Croatia provides guarantee to 3. Maj
The Croatian government is to provide EUR26m of financial guarantee to its distressed shipyard 3. Maj in order for the yard to complete its unfinished vessel under construction. The ship had been ordered by Canada’s Algoma, and the financin...
2019-09-23 15:34:01
Sovcomflot secures refinancing money
Joint venture companies belonging to Sovcomflot (SCF Group) and NYK Line have signed a new USD 176 million non-recourse credit facility for eight years with three leading international banks: Sumitomo Mitsui Banking Corporation of Japan (through ...
2019-09-17 08:46:46
Croatia guarantees loans of 3 Maj
The Croatian government has recently announced that it will guarantee loans of up to HRK 150m (about $22.5m) to give financial supports to its compatriot 3. Maj shipyard. For the affiliate of Uljanik Group, the largest shipbuilding group in Cr...
2019-08-27 08:23:41
BNK invests in shipping real asset again
BNK Financial Group of Korea has invested $60m in ship funds with the goal of vitalizing maritime finance.  The group announced on August 22 that its affiliates BNK Busan Bank and BNK Kyongnam Bank invested KRW 40m and KRW 20m, respective...
2019-08-27 08:23:14
STX secures R/G for two MR TKs
STX Offshore & Shipbuilding (STX O&S) announced that the shipyard secured refund guarantee (R/G) on August 21 for two mid-sized product/chemical tankers it had bagged from a Greek company. The contract also includes two more opt...
2019-08-22 15:31:29
 1  2  3  4  5  6  7  8  9  10  Next  End