Finance & Economy

This page features all the latest news from shipping finance, major banks, finance markets and the world economy.

Finance & Economy

Tsantanis

October 27, 2021

Seanergy announced that it has received a commitment letter from a leading European bank for a sustainability-linked loan facility to finance part of the acquisition...
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seadrill

October 27, 2021

Seadrill announced that its Plan of Reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. (more…)
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DP World

October 27, 2021

DP World Limited handled 58.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2021, with gross container volumes increasing by...
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Diana

October 27, 2021

Diana Shipping announced that it has received approval, subject to official notice of issuance, for the listing of the common shares of OceanPal Inc. on...
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A view of a Keppel Corporation shipyard in Singapore January 19, 2016. Singapore's Keppel Corporation Ltd said on Thursday its fourth-quarter net profit fell 44 percent and its 2015 profit dropped to a five-year low as plunging oil prices hit demand for offshore rigs. Picture taken January 19, 2016.  REUTERS/Edgar Su

October 27, 2021

KEPPEL Corporation reported that its offshore and marine subsidiary, Keppel Offshore & Marine (KOM), is facing a lawsuit in the United States with a claim...
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Kalogiratos

October 21, 2021

Capital Product Partners L.P., an international owner of ocean-going vessels, announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, has successfully priced its previously...
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CPLP

October 19, 2021

Bidding demand for the bond issue by Capital Product Partners LP (CPLP) is close to record level. The five-year senior unsecured bonds by the Nasdaq-listed...
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nakilat

October 19, 2021

Nakilat announced its financial results for the third quarter ended September 30, 2021, reporting a net profit of QR 1,003.6 million. This is a 11.5%...
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Evangelos Marinakis

October 14, 2021

Capital Product Partners L.P., an international owner of ocean-going vessels, announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, plans to offer in Greece...
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angelicoussis

October 14, 2021

The Export-Import Bank of Korea said Wednesday it signed an memorandum of understanding with Angelicoussis to provide financial assistance for South Korean shipbuilders securing fresh...
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Angelicoussis HQ

October 13, 2021

Angelicoussis Shipping Group announced the appointment of Sveinung Stohle as deputy chief executive officer (CEO). (more…)
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gaslog

October 13, 2021

GasLog announced that it has entered into a Note Purchase Agreement with The Carlyle Group and EIG for an amount of up to $325 million...
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seadrill

October 12, 2021

Seadrill has announced the voting results for its plan of reorganisation. (more…)
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TEN

October 8, 2021

TEN reported results (unaudited) for the six months and second quarter ended June 30, 2021. (more…)
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Stolt-Nielsen

October 7, 2021

Stolt-Nielsen reported unaudited results for the third quarter and first nine months of 2021. (more…)
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