Japanese shipping major Kawasaki Kisen Kaisha (K Line) revealed plans to finance its transition linked loan (TLL) at the end of September 2021, says an article published on offshore energy website.
Transition linked loan
The carrier has formulated a “Transition Linked...
COVID-19 has accentuated ecological, epidemiological, and economic vulnerabilities.
These factors have been imposed by capitalism are further aggravated by COVID-19.
Emergence of catastrophe capitalism as the structural crisis of the system takes on planetary dimensions.
Capitalist globalization has...
Singapore-based Eastern Pacific Shipping has been revealed as the owner behind orders last week for a pair of ethane carriers, reports Splash247.
Contract to Build Ethane Carrier
Splash reported last week Hyundai Heavy Industries had won a $219m contract to build two very...
Ahead of Marintec China Seatrade Maritime talks to MAN Energy Solutions about the challenges and opportunities that lie ahead with IMO 2020 and decarbonisation and how the engine maker is positioning to help its customers with these challenges, says...
FSL Trust Management Pte. Ltd., announced that six wholly-owned subsidiaries of the Trust have entered into a US$ 15.0 million facility agreement with Chailease International Financial Services (Singapore) Pte. Ltd., reports Market Screener.
About the agreement
The Board of Directors (the...
Improved cash return on invested capital at 6.9% and synergies of USD 1bn realized earlier than expected.
In Jan 2019, they formed one company, with one global salesforce, customer service team and delivery organization across Ocean and Logistics...
Wan Hai Lines is expanding its Asia – America network by launching a new weekly service.
The new service
Wan Hai Lines is expanding its Asia – America network by launching a new weekly service between Asia and the East Coast...
Performance Shipping Inc. Sale deal of a Post-Panamax Container Vessel signed.
The company signed a MoA to sell to an unaffiliated third party the 2008-built Post-Panamax container vessel “Rotterdam”.
Sale price is US$18.5 million before commissions.
After sale,...
The 1,000th Silk Road Shipping voyage this year set off Monday from Xiamen, a coastal city in East China's Fujian province, says an article published on xindemarinenews.
Alliance Jointly Initiated
Silk Road Shipping is an alliance jointly initiated in late 2018...
According to media reports, shipowners have turned their attention to the second-hand market for dry bulk carriers.
Busy Dry Bulk Week
In its latest weekly report, shipbroker Banchero Costa said that it was “a pretty busy week in the dry bulk...
