All Finance articles
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NewsEx-Im amends its Mozambique LNG loan
The US Export-Import Bank (Ex-Im) has amended the scope of its financing for the Mozambique LNG project on the Afungi Peninsula to include support for the project’s offshore production.
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NewsUS Ex-Im Bank revived
The US Senate confirmed Kimberly Reed as president of the US Export-Import Bank (Ex-Im Bank), along with Spencer Bachus III and Judith DelZoppo Pryor as members of the board of directors.
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NewsING and EIB to finance Spliethoff scrubbers
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.
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NewsBanks reduce shipping exposure
As banks continue to distance themselves from the shipping sector, two of Germany’s prominent lenders - Commerzbank and Nord/LB - have announced further reductions in their shipping portfolios.
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Industry seeks clarity ahead of Sulphur 2020
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.
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AAPA pleased with Trump's infrastructure plan
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.
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NewsOptimism could be triumphant
International accountant and shipping adviser Moore Stephens expects optimism to triumph over pessimism in the shipping industry during the next twelve months.
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NewsShipping confidence holds steady
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
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NewsOperating costs set to rise
Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens.
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NewsEntrec gets fresh funding
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
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NewsAnother rise in shipping confidence
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.
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Alternative loan for ro-ro
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.