Search results for: DNB Asia

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  • 17 February 2015
    Vessels

    BW LPG said that it has signed a Facility Agreement for a debt facility of up to USD400 million for financing seven of its VLGC newbuildings.

  • 17 February 2015
    Vessels

    BW LPG said that it has signed a Facility Agreement for a debt facility of up to USD400 million for financing seven of its VLGC newbuildings.

  • 10 April 2014
    Business & Finance

    Energy Drilling signed a $175.5 million Senior Secured Term Loan Facility with a group of four lenders on Monday 7th April 2014. The four lenders are DNB Asia Ltd, ABN Amro Bank N.V, NIBC Bank N.V. and Clifford Capital Pte Ltd. The facility shall be used as final payment upon delivery by Cosco Guangdong Shipyard […]

  • 17 February 2015
    Business & Finance

    Very Large Gas Carrier (VLGC) owner BW LPG has signed an agreement for a debt facility worth up to USD 400 million for financing seven of its VLGC newbuildings. The loan comprises an ECA tranche of up to USD 268 million, representing approximately 67% of the facility amount, and a commercial tranche of up to […]

  • 9 April 2014
    Business & Finance

    Energy Drilling has signed a US$175.5 million Senior Secured Term Loan Facility with a group of four lenders on Monday 7th April 2014. The four lenders are DNB Asia Ltd, ABN Amro Bank N.V, NIBC Bank N.V. and Clifford Capital Pte Ltd. The Facility shall be used as final payment upon delivery by Cosco Guangdong […]

  • 1 March 2011

    Global container trades are stabilising and the expansion of Asian economies will be the key to trade growth in the future, a senior industry executive said today. Eng Aik Meng, President of APL, said today that economic growth across the Asia region, led by China, will play a significant role in the health of the […]

  • 7 April 2011

        Riding on the wave of a resurgent global economy, Sea Asia 2011 is set to open next week (April 12, 2011) as the biggest in the series yet – with every indication that Asia’s shipping community is primed to grab the many opportunities now arising. Sea Asia 2011, which will open for three […]

  • 28 September 2015
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell SE has secured loan financing with several lenders worth a total of USD 190.5 million. The first loan has been entered into with DNB Bank ASA, Danske Bank AS, DVB Bank America N.V and Swedbank AB for refinancing of existing loans for three chemical tankers. The vessels in question […]

  • 28 September 2015
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell SE has secured loan financing with several lenders worth a total of USD 190.5 million. The first loan has been entered into with DNB Bank ASA, Danske Bank AS, DVB Bank America N.V and Swedbank AB for refinancing of existing loans for three chemical tankers. The vessels in question […]

  • 21 December 2010

    Key players representing major maritime sectors will unite in Singapore for three days next April from 12th to 14th to project The Asian Voice in World Shipping. The central theme of SEA ASIA, the region’s leading maritime event, the Asian Voice is to be debated by top executives of leading international companies from China, India, […]

  • 13 April 2011

    The Sea Asia conference and exhibition, Asia’s iconic show for the maritime sector taking place in Singapore this week, continued at a pace this morning with sessions on finance, the global LNG fleet, and a high-powered array of technical sessions. While visitors to the exhibition at the Marina Bay Sands Convention Centre continued to click […]

  • 13 April 2011

    The Sea Asia conference and exhibition, Asia’s iconic show for the maritime sector taking place in Singapore this week, continued at a pace this morning with sessions on finance, the global LNG fleet, and a high-powered array of technical sessions. While visitors to the exhibition at the Marina Bay Sands Convention Centre continued to click […]

  • 7 April 2011

      Riding on the wave of a resurgent global economy, Sea Asia 2011 is set to open next week (April 12, 2011) as the biggest in the series yet – with every indication that Asia’s shipping community is primed to grab the many opportunities now arising. Sea Asia 2011, which will open for three days […]

  • 29 October 2010
    Human Capital

    At a glittering ceremony in Singapore last night, Sea Asia 2009 won the prestigious ‘Exhibition of the Year’ award at the Singapore Experience Awards hosted by the Singapore Tourism Board. Sea Asia is the region’s premier maritime gathering, organised jointly by Seatrade and the Singapore Maritime Foundation (SMF). Michael Chia, the Chairman of the SMF, […]

  • 14 December 2011

    Hyundai Merchant Marine closed on a $500 million debt facility on Tuesday from a syndicate of financial institutions led by DNB Bank. In order to fund the construction of five ultra-large container vessels being built at Daewoo Shipbuilding & Marine Engineering and planned to be delivered throughout 2014, HMM will utilize the loan from the […]

  • 5 June 2014
    Business & Finance

    With a loan of over EUR 600 million, KfW IPEX-Bank is financing the construction of a second cruise ship for Star Cruises at Meyer Werft shipyard in Papenburg, Germany. The signing ceremony of the corresponding contracts was held in Hong Kong today. This second new vessel is scheduled for delivery during the fourth quarter of […]

  • 8 March 2013

    In a build-up to next month’s SEA ASIA conference and exhibition in Singapore, Geir Sjurseth, Managing Director & Global Head, Offshore Support Group, and General Manager, DVB Group Merchant Bank (Asia) Ltd, who will sit on a specialist offshore marine forum at the event, has given this bullish outlook on the sector for 2013 and beyond. “I […]

  • 13 December 2012
    Business & Finance

    China’s shift towards a domestic consumer demand-oriented economy could provide a significant boost to the global shipping industry, as the world’s second largest economy targets more sustainable growth. “2013 will be another peak year of new vessel deliveries. Oversupply of capacity is still an obstacle for the shipping industry to overcome, but with the improvement […]

  • 16 January 2020
    Business & Finance

    The sale and leaseback transaction was closed with a consortium of four Chinese leasing companies.

  • 30 May 2017
    Business & Finance

    Dutch banks ABN AMRO, ING Bank and NIBC, together with the Scandinavian counterparts SEB and DNB, announced today at NOR-Shipping in Oslo that they are all introducing Responsible Ship Recycling Standards (RSRS) for their ship financing. The announcement was made during the biannual industry gathering with the aim of including more banks into the initiative. The Norwegian fund, KLP, […]

  • 13 March 2020
    Business & Finance

    Sumitomo Mitsui Trust Bank becomes the first Asian financial institution to join the Poseidon Principles.

  • 30 September 2015
    Business & Finance

    Norway’s largest bank, DNB Bank ASA, has acquired a 7.04 per cent stake at offshore oil and gas contractor Ezra Holdings for S$24.84 million ($17.3 million), from Frontica Global Employment Limited, ultimately a subsidiary of Oslo-listed Akastor. According to Ezra’s Singapore Stock Exchange filing, Frontica, prior to this transaction, owned approximately 218.6 million shares with 7.44 per […]