Qatar Shipping, a wholly owned subsidiary of Milaha announced today the securing of a 12 year, US $425 million fixed-term ship financing facility with a consortium of the following banks:
Proceeds from the facility will be utilized by all four JV partners to refinance existing debt facilities on four LNG vessels – S/S Fuwairit, SS Lusail, S/S Al Thakhira and S/S Al-Deebel.
The four vessels are owned by JV companies, wholly-owned byvessel sponsors: Qatar Shipping Company (the largest shareholder), Mitsui O.S.K. Lines, Nippon Yusen Kabushiki Kaisha and Kawasaki Kisen Kaisha – all chartered to Ras Laffan Liquefied Natural Gas Company in Qatar on a long-time charter basis.
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Denmark will spend about 4 billion crowns ($614 million) on building and procuring 26 navy vessels for patrolling, oil spill response and surveillance of undersea cables, Defence Minister Troels Lund Poulsen said on Tuesday.
ADEN/WASHINGTON, April 17 (Reuters) – U.S. strikes on Yemen’s Ras Isa fuel terminal on the Red Sea coast have killed at least 74 people in the deadliest attack since the U.S. started its...
The US attacked a key Yemen oil port controlled by the Houthis overnight and killed dozens of people, according to the Iran-backed militants, raising the specter of a widening conflict in the Middle East.
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