Norton Rose Fulbright advises on circa $2bn financing of 4 ocean-going cruise vessels for Viking Ocean Cruises

Simon Hartley

Global law firm Norton Rose Fulbright has advised BNP Paribas, a syndicate of lenders, SACE and SIMEST on the financing of four new cruise vessels for Viking Ocean Cruises.

The financing consists of four export credit loan facilities, which are together worth around $2 billion. The facilities are backed by Italian export credit agency SACE and contain a fixed rate subsidy offered by SIMEST.

The ocean-going passenger cruise vessels are being constructed at Fincantieri S.p.A. and are...

https://allaboutshipping.co.uk/2025/03/19/norton-rose-fulbright-advises-on-circa-2bn-financing-of-4-ocean-going-cruise-vessels-for-viking-ocean-cruises/

Ship Repair Market Report For 2020 Predicts Recovery In 2023

The “Ship Repairing Global Market Report 2020-30: COVID-19 Growth and Change” report has been added to ResearchAndMarkets.com’s offering, reports Yahoo Finance.

A possible decline 

The global ship repairing market is expected to decline from $29.40 billion in 2019 to $27.39 billion in 2020 at a compound annual growth rate (CAGR) of -6.83%.

The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure...

https://mfame.guru/ship-repair-market-report-for-2020-predicts-recovery-in-2023/