Korea helps car and shipbuilding sectors
The Korea Credit Guarantee Fund (KODIT), Korea Technology Finance Corporation (Kibo) and Shinhan Bank have joined hands in order to help their compatriot automobile and shipbuilding equipment providers. The three parties has announced that the...
Shinhan Bank launches special loan program
Shinhan Bank of Korea announced on December 5 that it launches a special loan program to offer financial supports of KRW 220bn (approximately $196.6m) to its compatriot automobile and shipbuilding equipment providers. Recently, sma...
TOP Ships announces closure in vessel finances
TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products, announced that it has concluded Financing Agr...
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. (...
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 ...
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...
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...
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...
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...
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...
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