Seaspan Prepays Debt for Six Boxships

Hong Kong-based containership owner Seaspan Corporation said that it had prepaid two credit facilities which were ...

The Dutch Eye Shipping Debt Fund to Aid Shipowners

On August 4, the Netherlands received an approval by the European Commission (EC) to guarantee funds for regional small and medium-sized shipping companies.

Adani To Begin Work On Australian Project In Shadow Of $15-Billion Group Debt

The Adani Group has restructured some of its businesses even as its looks set to begin pre-construction work on...

Vallianz settles $2.3m trade creditor debt with shares

Singapore’s OSV player Vallianz has reached an agreement with eight of its trade creditors for them to...

Greece says has done its bit, now wants debt relief

Prime Minister Alexis Tsipras called on Greece’s international lenders on Thursday to reach an agreement on easing its debt burden by May 22, when euro zone finance ministers meet in Brussels to discuss the country’s bailout progress.

Rickmers Maritime’s Survival Hanging on Debt Restructuring

Rickmers Maritime might be forced to wind up its business if its efforts to refinance its bank loans are unsuccessful, the trust said announcing its financial results for 2016.

Jinhui Shipping Renegotiates Debt on 25 Bulkers

Hong Kong-based shipping company Jinhui Shipping and Transportation Limited has reached an agreement with four major lenders on loans related to 25 of the company’s vessels.