Finance & Economy

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

Finance & Economy

Castor Maritime

January 25, 2021

Castor Maritime Inc., a global shipping company specializing in the ownership of dry bulk vessels, announces the closing, through two of its ship-owning subsidiaries, of...
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global-ship-lease

January 22, 2021

Global Ship Lease announced that it has closed on its previously announced full redemption of all of the then-outstanding $233,436,000 aggregate principal amount of its...
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Seaspan

January 22, 2021

Seaspan, a wholly owned subsidiary of Atlas Corp., announced that it has successfully priced US $200 million in new senior unsecured sustainability-linked bonds in the...
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Angeliki Frangou

January 21, 2021

Navios Logistics announced it has confidentially submitted a draft Registration Statement on Form F-1 to the United States Securities and Exchange Commission relating to the...
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seaspan

January 20, 2021

Seaspan, a wholly owned subsidiary of Atlas Corp., announced that it has mandated DNB Markets and Fearnley Securities as Joint Bookrunners to arrange a series...
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ZIM

January 20, 2021

ZIM Integrated Shipping Services Ltd., a global container liner shipping company with over 75 years of experience, announced it has commenced an initial public offering...
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Azamara_Quest

January 20, 2021

Royal Caribbean Group said it would sell its Azamara line to private equity firm Sycamore Partners for $201 million in cash, to focus more on...
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China

January 19, 2021

China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and...
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ScorpioTankers

January 14, 2021

Scorpio Tankers announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 300,000 common shares (or 3,000 call...
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Diana_sideris

January 14, 2021

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it is amending the terms of its previously announced...
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Scorpio Tankers

January 13, 2021

Scorpio Tankers announced that it has received a commitment to sell and leaseback three MR product tankers (STI Memphis, STI Soho, and STI Osceola) and...
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Seanergy

January 13, 2021

Seanergy Maritime Holdings Corp. announced that it has reached final agreements with certain of its senior lenders and junior lender, for the financial restructuring of...
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Maersk-Tankers-Maersk-Virtue

January 12, 2021

Maersk Tankers has appointed Annelise Goldstein as its Chief Human Resources Officer (CHRO). She succeeds Prakash Thangachan who is leaving the company after four years...
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Carnival

January 12, 2021

Carnival Corp reported a bigger-than-expected preliminary fourth-quarter net loss on Monday as the cruise operator’s business was brought to a virtual standstill by the COVID-19...
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globalship

January 11, 2021

Global Ship Lease, Inc. announced that it has agreed a new $236.2 million senior secured loan facility with Hayfin Capital Management, LLP. Global Ship Lease...
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