Tanker sales planned as Stena charters Concordia fleet in bailout
Swedish parent helps cash-strapped product carrier company strike fresh deal with banks
Tanker sales planned as Stena charters Concordia fleet in bailout Read More »
Finance
ABN Amro sells $700m in US shipping loans to Credit Agricole
Shipowners expected to have positive view of transfer as Dutch bank executes anticipated retrenchment to core business
ABN Amro sells $700m in US shipping loans to Credit Agricole Read More »
US stocks dip but unlikely to face impact from Biden executive order
‘More bark than bite with very limited impact,’ says Jefferies analyst of effort to stem shipping costs
US stocks dip but unlikely to face impact from Biden executive order Read More »
Sembcorp Marine warns of project delays and increased costs
Setbacks and recruiting staff from non-traditional market are both taking their toll on group’s finances
Sembcorp Marine warns of project delays and increased costs Read More »
EnTrust’s Purus Marine wants more as it buys first wind farm vessel
US alternative finance company takes over new SOV due in 2022, with long-term charter to a renewable energy company
EnTrust’s Purus Marine wants more as it buys first wind farm vessel Read More »