Nord/LB warns of rising shipping provisions
German lender slashed figure in first nine months, but final quarter looks less positive.
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Finance
Diamond S merges with Capital Product Partners
Companies say $1.65bn deal will create one of world’s largest mixed tanker fleets while allowing Craig Stevenson and his management team to lead new venture.
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FSL Trust to Raise USD 31.3 Mn for New Ships
First Ship Lease Trust is to raise USD 31.3 million through a non-underwritten preferential offering.
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OSG Closes USD 27.5 Mn Financing
Overseas Shipholding Group closed on a USD 27.5 million of financing from Wintrust Commercial Finance.
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Corpus Christi Gets USD 59 Mn for Ship Channel Deepening
US is providing an additional USD 59 million for the Corpus Christi Ship Channel Improvement Project.
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