Latest News for: Shipping loans


UK govt says won't offer financial support to Harland & Wolff

RTE 22 Jul 2024
The company, which is part of a consortium that landed a major contract to build new Fleet Solid Support ships for the Royal Navy, had applied for a £200m loan guarantee from the UK government as part of efforts to restructure its finances.

Former Mozambique Finance Minister on Trial in NY Over ‘Tuna Bond’ Scandal That Spurred Debt Crisis 

Hamodia 18 Jul 2024
When the loans — supposed to go in part to tuna fishing ships — went bad and the government’s $2 billion in “hidden debt” came to light in 2016, a financial crisis erupted in Mozambique, one of the world’s poorest countries.

Shelburne's railroad art exhibition traces the impact of the rails on American society

Burlington Free Press 18 Jul 2024
Denenberg said he and his fellow museum directors were able to secure most of the paintings they wanted for the exhibition, securing works loaned from a range of museums across the country. Shipping ...

Former Mozambique finance minister on trial in US over 'tuna bond' scandal that spurred debt crisis

San Francisco Chronicle 17 Jul 2024
... his country to huge loans that prosecutors say got looted ... The loans were supposed to go in part to tuna fishing ships.

Nordic lender SEB sees shipping loans shrink in first half

Tradewinds 16 Jul 2024
SEB’s shipping loan book fell in the first ...

ECOsubsea Invests in Singapore with NOK 35m from Innovation Norway

The Maritime Executive 15 Jul 2024
"This loan gives us the opportunity to expand our business, bring our environmentally friendly technology to more markets and make the shipping industry more sustainable ... in the shipping industry.

ECOsubsea to Scale Up Its Hull Cleaning Solution in Singapore

MarineLink 15 Jul 2024
With the growth loan from ... "This loan gives us the opportunity to expand our business, bring our environmentally friendly technology to more markets and make the shipping industry more sustainable.

ECOsubsea invests in Singapore with NOK 35m (USD 3.26m) from Innovation Norway

Hellenic Shipping News Worldwide 15 Jul 2024
It is a climate and environmental problem that ship hulls are not ...

Adani to build a port in Vietnam to increase international presence

Hindustan Times 13 Jul 2024
(PTI). Also Read ... Report ... Also Read ... Also Read. Pakistan to receive yet another loan from the IMF, $7 billion this time. This is an important port as its proximity to international shipping routes can help India rival Dubai, Singapore and Sri Lanka ... ....

Shipping stocks SCI, Shreyas Shipping and six others gain up to 20% - here’s why

Live Mint 11 Jul 2024
Shipping stocks today ... These companies could benefit from the Maritime Development Fund, which offers long-term loans at a lower cost.Under the Harit Nauka scheme, incentives will be provided for ships powered by hydrogen.

Ship recycler ‘lied’ about personal wealth to secure $45m loans, court finds

Tradewinds 09 Jul 2024
... portfolio so lenders would accept him as a guarantor for loans to buy ships for recycling, a judge ruled.

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