TOP Ships Secures Work for Newbuilding Suezmax Duo

Athens-based tanker owner and operator TOP Ships has agreed time charter employment for two of its newbuilding Suezmax vessels with an undisclosed oil major.

Norsafe secures its largest ever offshore LSA contract

Norsafe has secured its largest ever offshore contract to supply lifesaving appliances to ENI’s Coral South floating LNG (FLNG) facility located in Area 4, approximately 50 km from the Mozambique coast.

Evoqua Secures Seacure® System Contract For South Korean Tanker Newbuilds

Evoqua Water Technologies has secured an order from a South Korean shipyard for the supply and installation of SeaCURE® ballast water management systems (BWMS) to two 115,000dwt crude oil tankers under construction for a Singapore-based ship owner.

Marenave Secures More Breathing Space

Hamburg-based shipping trust Marenave Schiffahrts has received another renewed extension of statements of financing banks not to seriously demand payment in light of pending restructuring negotiations.

Euronav Secures USD 410 Million Credit Facility

Euronav NV announces today that it has signed a new USD 410 million senior secured amortizing revolving credit facility. The facility has been made available on 16 December 2016 for the purpose of refinancing 11 vessels as well as Euronav’s general corpor

Hanjin Secures Korean Air Funds as Court Says Revival at Risk

Hanjin Shipping Co., the South Korean container line that has sought bankruptcy protection, won a temporary reprieve after its largest shareholder agreed to provide 60 billion won ($50 million) in new loans.

New Silk Road riches secures DP World an audience with Kazakhstan President

An audience with Kazakhstan President Nursultan Nazarbayev has underscored DP World’s increasing influence in ...