Chinese banks top lenders to shipping

With traditional banks cutting back on ship financing and owners increasingly looking to alternative ways to...

Lenders and Greece ‘wide apart’ on bailout review – euro zone official

Greece and its international creditors remain divided over the terms of a review of the country’s bailout programme, a senior euro zone official said on Thursday, a gap that will prevent Athens from getting fresh financial support.

International Shipholding Corporation Delays Loan Payment

US shipowner International Shipholding Corporation (ISH) has reached an agreement with its lenders under which the latter would forebear from exercising any rights or remedies before July 1, 2016 with respect to various defaults under the company’s credit

Greece's international lenders open way for higher taxes on shipping

Greece’s international lenders appear to have opened the way for the Greek socialist government to tamper with the country\'s “constitutionally protected” shipping tonnage tax legislation. ...

Greek government eyes compromise with lenders, rules out snap polls

Greece’s government considers its reforms proposal to lenders as the basis for a deal but is willing to compromise to meet the needs of euro zone and IMF creditors, the government spokesman said on Monday. ...

Greece says remains intent on reaching deal with lenders

Greece remains intent on striking a deal with EU/IMF lenders and both sides have agreed to intensify data collection efforts in Athens, a government official said on Tuesday. ...

Eagle Bulk agrees to amended deal with its lenders

Eagle Bulk Shipping has entered into an amended agreement with its lenders, withdrawing...