Watson Farley & Williams (WFW) has advised The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Japan’s largest bank, as facility agent for a syndicate of international lenders comprising itself, Development Bank of Japan Inc. and Societe Generale on the $18…
BTMU to Refinance Two K-Line Vessels Read More »
Malaysian Bulk Carriers Bhd (Maybulk) plans to sell its entire 21.23% stake in Singapore-listed PACC Offshore Services Holdings Ltd (POSH) to its own shareholders, reported The Star. According to the report, Maybulk seeks to raise cash to pay for new v…
Maybulk to Sell its Stake in POSH Read More »
In a comprehensive analysis of what is needed to decarbonise international shipping by 2035, the report recommends setting a clear, ambitious emissions-reduction target to drive decarbonisation of maritime transport, supporting the realization…
Pacific Calls For Decarbonising Shipping By 2050 Read More »
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and Abu Dhabi Ports have opened a facility which will reduce trucking of EGA’s aluminium within Khalifa Industrial Zone Abu Dhabi (KIZAD) b…
Abu Dhabi Ports, EGA Open Freight Station at Khalifa Port Read More »
Weak governance at the International Maritime Organization (IMO) is delaying the shipping sector’s action on climate change, according to Transparency International. IMO is at risk of unresolved conflicts of interest due to shortcomings in its governan…
TI Blames IMO’s Weak Governance on Climate Change Action Read More »