Offshore owner Otto Candies seals $450m loan to fund fleet deal
Move follows US company’s acquisition of multipurpose support vessels from Harvey Gulf International Marine
Offshore owner Otto Candies seals $450m loan to fund fleet deal Read More »
Finance
Okeanis shares surge 11% in New York amid bullish VLCC sentiment
Greek owner draws upgrade as analyst cites pattern of ‘higher highs and higher lows’ in VLCC spot rates
Okeanis shares surge 11% in New York amid bullish VLCC sentiment Read More »
Oldendorff-backed lender builds shipping book amid ‘massive’ credit supply
Maritime & Merchant Bank says pressure is being exerted on lending margins
Oldendorff-backed lender builds shipping book amid ‘massive’ credit supply Read More »
Oil Brokerage hit with biggest fine yet after unregistered brokers handled US trades
Other freight futures brokers have received penalties in previous years, but this is the biggest so far
Oil Brokerage hit with biggest fine yet after unregistered brokers handled US trades Read More »
Turkish owner Arkas Holding boosts liquidity with World Bank loan
Logistics group uses Chinese finance to build ships and state-backed lenders to expand onshore infrastructure
Turkish owner Arkas Holding boosts liquidity with World Bank loan Read More »