Genco Closes New USD 400 Mn Financing

Dry bulk specialist Genco Shipping & Trading Limited has closed on a new USD 400 million loan which will be used to refinance all of its existing credit facilities.

Nakilat Sees Steady Increase in Net Profit

Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has reported a net profit of QAR 501 million (USD 137.5 million) for the first half of this year, against QAR 491 million (USD 134.8 million) for the same period a year earlier, repr

Slim Carrier Financials Boost Container Leasing

The container leasing sector experienced another year of stellar growth in 2013 thanks to the continuing weakness...