Global Ports Holding narrows half-year loss
The Turkey-based cruise port operator sees ‘record’ revenue but is hit with $16m cost tied to port operation rights.
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Finance
Skou keeping a lid on spending at Maersk and retains a dislike for scrubbers
Newbuildings still off the menu for Maersk Line but a few scrubbers could be ordered.
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Western Bulk swings back to profit
Oslo bulker operator sees higher revenue for the first six months of 2018 amid higher volumes and longer sailing distances.
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Mercuria Becomes Aegean Marine’s Sole Lender
Mercuria became the sole lender under Aegean Marine’s U.S. and global revolving credit facilities.
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DHT Holdings Raises Fresh Funds, Agrees Convertibles Deal
DHT Holdings agreed to exchange existing convertible notes due 2019 and entered into private placement contracts.
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