ship finance


Friday, April 15, 2022
Shipping

Shipping Finance Panel and Then a Tanker Mega-Merger Announcement

Ship finance, a topic of paramount importance at the executive level, was the subject of multiple panels at last month’s Connecticut Maritime Association

April 15, 2022
Total Views: 4057

Wednesday, January 5, 2022
container ship
Shipping

Seaspan Completes Full Financing for 70-Vessel Newbuild Program

Containership owner and operator Seaspan Corporation says it has completed full financing for its 70-vessel newbuild program. The final $1.4 billion in

January 5, 2022
Total Views: 1586

Tuesday, October 19, 2021
nyc-tanker-ship-konrad
Shipping

Shipping Industry Faces ESG Heat from Lenders

By Jonathan Saul LONDON, Oct 19 (Reuters) – Banks are demanding much stricter environmental criteria when financing shipping companies as

October 19, 2021
Total Views: 1046

Monday, October 18, 2021
Shipping

CMA Shipping Finance Panel: Steaming Towards the ‘Good Side’

Perhaps the best quote of the Connecticut Maritime Association (CMA) conference sessions covering maritime finance came from one of the panels, with the catchy

October 18, 2021
Total Views: 753

Wednesday, March 17, 2021
Environment

Japanese Banks Sign The Poseidon Principles

By Jonathan Saul (Reuters) – Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide

March 17, 2021
Total Views: 1451

Thursday, December 17, 2020
ships in port
Environment

Investor EnTrust Global Turns Sights to Green Shipping Assets

By Jonathan Saul LONDON, Dec 17 (Reuters) – U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships

December 17, 2020
Total Views: 571

Tuesday, December 15, 2020
cargo ship
Shipping

Shipping Lenders Fall Short of Sector’s Carbon Targets

By Jonathan Saul LONDON, Dec 16 (Reuters) – Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting

December 15, 2020
Total Views: 1587

Thursday, August 22, 2019
container ship
Maritime News

Citigroup’s New Shipping Finance Chairman to Deepen Environmental Focus

By Jonathan Saul LONDON, Aug 22 (Reuters) – Citigroup’s veteran shipping finance banker Michael Parker is to become chairman of the bank’s

August 22, 2019
Total Views: 12

Tuesday, June 18, 2019
containership sailing
Maritime News

Banks With $100 Billion in Shipping Loans Get Strict on Climate

(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part

June 18, 2019
Total Views: 96

Monday, June 18, 2018
cargo ship
Maritime News

Deutsche Bank Said to Offload $1 Billion Ship Loan Portfolio

By Arno Schuetze and Jonathan Saul FRANKFURT/LONDON, June 14 (Reuters) – Deutsche Bank has found a buyer for the bulk of its bad ship loans as it seeks

June 18, 2018
Total Views: 75

Friday, June 15, 2018
Trade routes of Rinko Corp
Maritime News

Tiny Japan Shipping Shares Jump On North Korea Detente Hopes

by Yoshiyuki Osada (Reuters) – Shares of small Japanese shippers jumped this week after the historic summit between U.S. President Donald Trump and North

June 15, 2018
Total Views: 85

Wednesday, February 28, 2018
cargo ship at sea
Maritime News

State Owners Sell Germany’s HSH Nordbank, Once the World’s Largest Shipping Bank, to Buyout Groups

By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH

February 28, 2018
Total Views: 105

Monday, October 30, 2017
euro
News

HSH Nordbank Privatization Attracts Private Equity Offers -Sources

FRANKFURT, Oct 29 (Reuters) – The owners of Germany’s HSH Nordbank received binding offers from private equity groups Apollo, Cerberus and J.C.

October 30, 2017
Total Views: 116

Monday, July 24, 2017
cargo bulk ship
News

European Banks Struggle to Solve Toxic Shipping Debt Problem

By Jonathan Saul LONDON, July 24 (Reuters) – Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long

July 24, 2017
Total Views: 71

Thursday, June 1, 2017
Maritime News

Commerzbank Moves Closer to Shedding Toxic Ship Loans

FRANKFURT, June 1 (Reuters) – Commerzbank AG on Thursday announced significant steps in its effort to shed its 4.5 billion euro ($5.05 billion) portfolio

June 1, 2017
Total Views: 102

Friday, March 10, 2017
cargo ship
Maritime News

NordLB to Inject Capital into Bremer Landesbank After Shipping Writedowns

FRANKFURT, March 10 (Reuters) – German state-controlled lender NordLB will inject money into its loss-making Bremer Landesbank (BLB) unit, which is

March 10, 2017
Total Views: 64

Friday, January 20, 2017
News

RBS Sells $600 Million of Shipping Loans -Sources

LONDON/TOKYO, Jan 20 (Reuters) – Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio

January 20, 2017
Total Views: 68

Monday, January 9, 2017
Blog

Infographic: Top Ten Ship-Owning Nations in 2017

Here is an infographic provided by the ship valuation experts at VesselsValue.com showing the world’s top ten ship-owning nations in the year 2017. As

January 9, 2017
Total Views: 47

Wednesday, December 21, 2016
cargo ship
News

RBS Close to Selling Shipping Loans Worth $600 Million -Sources

By Jonathan Saul and Andrew MacAskill LONDON, Dec 21 (Reuters) – Royal Bank of Scotland is close to selling at least $600 million worth of shipping loans

December 21, 2016
Total Views: 117

Tuesday, December 20, 2016
chembulk-tanker
Finance

Jack Noonan Named CMA Commodore

Today the Connecticut Maritime Association (CMA) named Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers,  Commodore for the year 2017.

December 20, 2016
Total Views: 7