Muscat-based Oman Shipping Company (OSC) has completed a USD 80 million Shariah-compliant “Ijara” transaction with Abu Dhabi Islamic Bank (ADIB). The financing facility represents OSC’s first […]
Norwegian LNG shipping company Awilco LNG has closed the previously announced 10-year sale/leaseback facility with CCB Financial Leasing (CCBFL) for two of its LNG carriers. As informed, the […]
Hyundai Heavy Industries Group is starting the year on a high note having secured multiple new contracts worth over USD 228 million. The company’s subsidiary Hyundai […]
The European Commission has approved the acquisition of joint control over four project companies with concessions to build or operate port terminals in West Africa by […]
China Merchants Energy Shipping (CMES) has decided to integrate the shipping assets of its subsidiary Sinotrans & CSC Holdings in a transaction worth over RMB 6.57 […]
Norwegian shipowner and operator 2020 Bulkers has accepted delivery of Bulk Sydney, the sixth of eight 208,000 dwt Newcastlemax newbuilds. The 224,100 cbm Capesize bulker was […]
The Maritime Union of Australia (MUA) is planning a new wave of industrial action across Australian terminals as tensions between the union workers and stevedoring company […]
Piraeus-based company probunkers has inked a letter of intent (LOI) with South Korea’s Hyundai Mipo Dockyard (HMD) for the construction of two firm 7,600 cbm LNG […]