Frontline’s VLCC order slate fully funded with new loans of $260m
Lenders including ABN Amro and KfW jump on board to finance remaining four VLCC resales
Frontline’s VLCC order slate fully funded with new loans of $260m Read More »
Finance
Malaysian Bulk Carriers reaps $23m from asset sales
Disposals helped bulk carrier owner post stronger financial performance
Malaysian Bulk Carriers reaps $23m from asset sales Read More »
Tanker S&P sets new record despite weak markets, Clarksons says
But newbuildings on track to reach second lowest annual total of the last nine years despite strong start to year
Tanker S&P sets new record despite weak markets, Clarksons says Read More »
Virus variant panic hits cruise and shipping shares on Black Friday
Shipping stocks followed the broader US markets off a Covid-19 cliff, but major cruise stocks bled much faster
Virus variant panic hits cruise and shipping shares on Black Friday Read More »
Avance Gas closes on ‘attractive’ newbuild finance to reduce breakeven costs
CFO says new series of VLGCs will soon be fully debt-financed
Avance Gas closes on ‘attractive’ newbuild finance to reduce breakeven costs Read More »