The tanker division of the world’s largest shipowner is readying $1.1bn for its newbuilding programme. COSCO Shipping Energy Transportation is issuing RMB8bn worth of A shares to raise cash to build three aframaxes, six VLCCs and two LNG carriers. The aframaxes will be built by sister firm COSCO...
https://splash247.com/cosco-readies-1-1bn-tanker-investment/
Vanrafelghem Danny / Tráfico marino El envío Shreeji de la India ha presentado documentos ante el regulador del mercado SEBI que busca la aprobación para recaudar fondos para la expansión de la flota a través de una oferta pública inicial (IPO). La compañía insignia del Grupo Shreeji, con sede en...
Japan’s SBI Leasing Services has partnered with France’s BNP Paribas to arrange a leasing agreement with George Economou-led TMS Group for the newly built Athos LNG carrier. The vessel was completed in September last year at Samsung Heavy Industries in South Korea. The 174,000 cu m is under a...
https://splash247.com/economous-tms-group-enters-leasing-deal-for-newest-lng-carrier/
India’s Shreeji Shipping has filed papers with market regulator SEBI seeking approval to raise funds for fleet expansion through an initial public offering (IPO). The flagship company of Jamnagar-based Shreeji Group, led by Ashokumar Haridas Lal and Jitendra Haridas Lal, is planning to use roughly...
https://splash247.com/indias-shreeji-shipping-sets-sights-on-supramax-bulkers/
Envío Havila El propietario y operador noruego de OSV, Havila Shipping, cuestiona las acusaciones de incumplimiento presentadas por tres bancos diferentes. Como parte del acuerdo de reestructuración de Havila, tres bancos y tenedores de bonos habían previsto saldar su deuda a finales de 2024....
Oman’s state-controlled logistics giant Asyad Group has moved to sell shares in Asyad Shipping through an initial public offering. Crédit Agricole Corporate and Investment Bank and Société Générale have been appointed as joint bookrunners for the group, which plans to sell a stake of at least 20%...
https://splash247.com/asyad-shipping-charts-oman-ipo-course/
Norwegian OSV owner and operator Havila Shipping is disputing allegations of default that have been made by three different banks. As part of Havila’s restructuring deal, three banks and bondholders had planned to have their debt settled by the end of 2024. Alongside this, these banks decided to...
https://splash247.com/havila-shipping-disputes-lenders-allegations-of-default/
Emanuele Grimaldi, the chairman of the International Chamber of Shipping, writes for Splash today. In an era marked by growing uncertainty, knowledge and trusted sources are more powerful than ever. The International Chamber of Shipping’s annual Barometer survey, the fourth edition of which was...
https://splash247.com/navigating-shippings-most-pressing-challenges/
AMSC has revealed plans to liquidate the company as Norwegian offshore vessel owner Solstad Maritime moves for listing on the Oslo Stock Exchange. The Kjell Inge Røkke-dominated outfit, once known as American Shipping Company, holds a 19.6% stake in Solstad Maritime equal to about 91.4m shares...
https://splash247.com/amsc-moves-to-liquidate-as-solstad-maritime-heads-for-oslo-stock-exchange/
UAE-based asset management and investment banking firm Shuaa Capital has secured a financial boost for its marine offshore support vessel (OSV) segment. The Shuaa-managed fund has clinched a seven-year finance facility of up to $300m from National Bank of Fujairah (NBF) and The Arab Energy Fund...
https://splash247.com/shuaa-capital-lines-up-300m-for-osv-business/