Finance

New York-listed bulker owner will use $12.75m loan facility to finance Kamsarmax bulk carrier due for delivery later this year.

Trader and charterer taps 58 banks for massive facility maturing in 2020.

Industry experts tasked with making sure UK stays “at the forefront of global shipping”.

US equity markets saw another sell-off as China makes official its tariffs and adds others.

Owner takes on sale-leasebacks and conventional bank financing with original lenders, with only one principal payment required to meet covenant terms