ING Group and the European Investment Bank (EIB) have signed a EUR110 million (USD124.7 million) loan agreement with Spliethoff to finance the retrofitting of exhaust gas cleaning systems and ballast water management systems.
A survey conducted by global shipping consultancy Drewry reveals that there is considerable unease among global shippers/beneficial cargo owners (BCO) and freight forwarders ahead of the IMO’s sulphur 2020 emissions regulations.
President Donald Trump has called on Congress to pass his long-awaited national infrastructure rebuilding plan, which proposes allocating USD200 billion for direct federal spending for US infrastructure over the next ten years.
Shipping confidence held steady at its highest rating for the past three-and-a-half years in the three months to end-November 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore S
Entrec Corporation, the Alberta, Canada-based heavy haul transportation and crane solutions provider has obtained a five-year extension to its senior secured asset-based credit facility (the ABL Facility) with a syndicate of lenders led by We
Shipping confidence has reached its highest rating in the past three years in the three months to end-August 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.
The European Bank for Reconstruction and Development (EBRD) is providing a EUR27.5 million (USD32 million) loan to Turkey-based Alternative Transport to finance the acquisition of a EUR55.5 million (USD64.6 million) ro-ro vessel.