Finance

  • Marine Money celebrates its 30th anniversary

    Experts disclose the current maritime finance challenges

    Ship owners, operators, traders, financers, investors and maritime experts join together to discuss the positive signs of the maritime industry on the Middle East by addressing the financial opportunities in the market throughout the current political situation that is taking place worldwide

  • Ship Finance International Limited’s (SFL) stock...

    Ship Finance International Limited (SFL), a part of Services sector and belongs to Shipping industry; ended its day with loss -2.73% and finalized at the price of $14.25. During its last trading session, Stock traded with the total exchanged volume of 0.86 million shares. The average volume stands around 0.83 million shares. The average numbers of shares are traded in a security per day, during the recent 3-month period. The stock has relative volume of 1.04. Relative volume is ratio between current volume and 3-month average value, intraday adjusted.

  • Bank Gives Rickmers Maritime Deadline for Revised...

    German HSH Nordbank has provided Singapore’s containership owner and operator Rickmers Maritime with a deadline- April 15, 2017 – to present a concept that ensures a “higher level of total recoveries” than under a winding-up scenario of the firm. 

  • RCL steps up port investment, this time in Penang

    Penang Port will collaborate with Royal Caribbean Cruises (RCL) in a joint venture to upgrade and improve Swettenham Pier Cruise Terminal in Georgetown, Penang, to accommodate berthing of larger cruise ships at its facilities. The 60/40 joint venture will be jointly managed by both parties, with the majority stake held by Penang Port.

  • More than 30 dry bulk carriers are being sold...

    With the Baltic Dry Index (BDI) rebounding firmly and expectations abound that this is only the start of a new sustained recovery phase for the dry bulk market, ship owners are stocking up on new bulker acquisitions, in order to capitalize on the market’s rebound. 

Pages

USACE Charleston Gets Supplemental Funding for Coastal Projects

The U.S. Army Corps of Engineers, Charleston District, has received supplemental funding for disaster recovery projects on Folly Beach, Myrtle Beach, Edisto Beach, Pawleys Island, the Charleston Harbor and the Atlantic Intracoastal Waterway as part of the Bipartisan Budget Act of 2018.

English

USACE to Fund PortMiami Feasibility Study

The Miami-Dade County announced recently that the Army Corps 2018 Work Plan includes a $556,250 allocation for the start of a feasibility study for the Miami Harbor Safety and Navigational Channel Improvements Program at PortMiami.

English

TOP Ships Inc. Announces Financing for Newbuilding Vessel and Five Year Time Charter With Cargill International SA

TOP Ships Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of petroleum products, announced yesterday that it entered into a sale and leaseback agreement and a 5 year time charter with Cargill International SA (“Cargill Ocean Transportation”) on June 29, 2018, a leading vessel operator and freight-trading business in the bulk shipping sector, for its newbuilding vessel Hull No 8242 currently under construction at Hyundai Mipo Dockyard Co., South Korea.

English

Pages

Top