Irish Continental Group Gets Loan for New Ferry

Dublin-based maritime transportation group Irish Continental Group (ICG) has secured a loan to finance the construction of the second new vessel for ICG’s Irish Ferries operations.

Diana Shipping Inc. Agrees to a Loan of US$82.6 Million to Diana Containerships Inc.

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that ...

Rickmers Trust Management Prepays Debt to BNP Syndicate

Rickmers Trust Management, the trustee-manager of Rickmers Maritime, has carried out a voluntary prepayment of loans worth USD 5 million.

Banks Agree to Delay Seanergy’s Loan Payments

Marshall Islands-incorporated dry bulk owner and operator Seanergy Maritime Holdings Corp. has obtained waiver and deferral for major financial covenants from four of its senior lenders until the

Navios Partners Sees Red Ink, Eyes USD 400 Mn Loan

Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has plunged into red as it reported a net loss of USD 52.5 million of the year ended December 31, 2016, compared to a net income of USD 41.8 million seen in the previous y

Bahrain LNG Lands USD 741 Million Loan, Reaches Financial Close

Bahrain LNG WLL, the developer and owner of the first liquefied natural gas (LNG) receiving and regasification terminal in the Middle East developed on a private-public partnership (PPP) basis, has completed limited recourse financing for the project afte

UMW-OG gets $74m loan from parent

Showing that it helps to have a strong parent, beleaguered jack-up player UMW Oil and Gas (UMW-OG) was given a...