Search results for: CSSC (Hong Kong) Shipping

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  • 28 May 2019
    Business & Finance

    CSSC (Hong Kong) Shipping will issue 1.534 billion new shares at a price of HKD 1.34 – HKD 1.42 per share.

  • 22 August 2019
    Business & Finance

    On August 20, the company confirmed it received a financing letter from an undisclosed bank in relation to the loan.

  • 26 April 2016
    Business & Finance

    CSSC (Hong Kong) Shipping, a ship owning and leasing arm of China State Shipbuilding Corporation (CSSC), has entered into a USD 245 million ten-year club senior secured loan to finance the construction of six Newcastlemax bulk carriers. Led by Standard Chartered Bank and Bank of America, who were joined by Société Générale, the facility was provided to the company. This […]

  • 23 August 2019
    Business & Finance

    The loan would be used to finance four new LR1 product tankers being built at Guangzhou Shipyard.

  • 9 March 2020
    Business & Finance

    CSSC (Hong Kong) Shipping has agreed a sale and leaseback deal with Sinokor Merchant Marine.

  • 14 November 2019
    Vessels

    CSSC (Hong Kong) Shipping, a unit of China State Shipbuilding Corporation, has signed deals with Golar LNG for the sale and lease-back of an LNG carrier. 

  • 29 January 2019
    Business & Finance

    CSSC has secured 36 newbuilding contracts worth over RMB 10 billion (USD 1.48 bn).

  • 14 November 2019
    Business & Finance

    CSSC Shipping said that the LNG carrier would be converted into a floating storage re-gasification unit (FSRU).

  • 11 September 2015
    Project & Tenders

    Yuan Heng Gas informed it has signed a memorandum of understanding with CSSC (Hong Kong) Shipping Company, a CSSC unit, for the provision of USD10 million financing.

  • 24 January 2017
    Business & Finance

    The seventh newbuilding product tanker has been delivered to the shipping firm Navig8 Product Tankers from Chinese shipbuilder Guangzhou Shipyard International Company Limited. Featuring 113,000 dwt, the LR2 tanker Navig8 Gladiator was ordered as part of a batch of eight ships from the former CSSC Offshore & Marine Engineering (Group) Company Limited, now GSI. With 128,000 cbm, the new ship is […]

  • 19 May 2017
    Business & Finance

    Petroleum products shipping company Navig8 Product Tankers has taken delivery of the Navig8 Gratitude, a 113,000 DWT LR2 tanker from China’s Guangzhou Shipyard International Company Limited (GSI). The Navig8 Gratitude is the last of eight vessels contracted at GSI, formerly CSSC Offshore & Marine Engineering (Group) Company Limited, to be delivered to the company. The […]

  • 10 January 2017

    Petroleum products shipping specialist Navig8 Product Tankers has taken delivery of the Navig8 Gauntlet, a 113,000 DWT LR2 tanker from China’s Guangzhou Shipyard International Company Limited (GSI). The Navig8 Gauntlet is the sixth of eight vessels contracted at GSI to be delivered to the company and is the sixth vessel to be delivered under the sale […]

  • 27 June 2016
    Business & Finance

    German-based Nordic Hamburg and the Finnish shipping firm Containerships have ordered up to eight short sea 1,400 TEU dual-fuel containerships at Chinese shipbuilder Huangpu Wenchong Shipyard. Under the agreement, CSSC (Hong Kong) Shipping, the shipowning arm of the shipbuilding group of the same name, will provide financial leasing service for the new vessels. The shipbuilding contract includes four […]

  • 1 December 2016
    Business & Finance

    Petroleum products shipping company Navig8 Product Tankers has taken delivery of the Navig8 Goal, a 113,000 DWT LR2 tanker from Guangzhou Shipyard International Company Limited (GSI). The Navig8 Goal is the fifth of eight vessels contracted at GSI to be delivered to Navig8 Product Tankers. The vessel is also the fifth to be delivered under the […]

  • 26 June 2018

    Law firm Norton Rose Fulbright said it has advised Fortune Lianjiang Shipping, an indirect subsidiary of shipping conglomerate CSSC, on the $1.2 billion financing and delivery of the world’s first converted floating liquefied natural gas (FLNG) production vessel Hilli Episeyo. Norton Rose Fulbright advised Fortune Lianjiang Shipping under a sale and leaseback agreement between Fortune […]

  • 26 February 2014
    Business & Finance

    Star Bulk Carriers Corp. has entered into agreements with CSSC (Hong Kong) Shipping Company Limited to bareboat charter, two fuel efficient Newcastlemax dry bulk vessels. These vessels, each with a cargo carrying capacity of 208,000 deadweight tons, are currently under order at SWS, at a monthly hire rate for each CSSC vessel ranging between $371,000 […]

  • 21 July 2015
    Project & Tenders, Vessels

    Golar LNG Limited said that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli.

  • 21 July 2015
    Project & Tenders, Vessels

    Golar LNG Limited said that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli.

  • 30 June 2016
    Business & Finance

    Athens-based dry bulk shipping company Star Bulk Carriers Corp. reported its net loss reached USD 48.8 million for the first quarter of 2016, against a net loss of USD 40.2 million seen a year earlier, as the company marked its worst quarter in the last 30 years. “The first quarter of 2016 was the worst of the last 30 years, as freight […]

  • 21 July 2015
    Business & Finance

    Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) for conversion financing and sale and leaseback transaction for the GoFLNG Hilli. Under the project, Golar LNG’s ex-LNG Carrier Golar Hilli will be converted to an FLNG (Floating Liquefied Natural Gas production unit) at […]

  • 21 July 2015
    Business & Finance

    Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) for conversion financing and sale and leaseback transaction for the GoFLNG Hilli. Under the project, Golar LNG’s ex-LNG Carrier Golar Hilli will be converted to an FLNG (Floating Liquefied Natural Gas production unit) at […]

  • 29 June 2018
    Business & Finance

    Star Bulk secures financing for Newcastlemax newbuilding trio acquired from Oceanbulk Container Carriers.