Search results for: ING Bank

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  • 15 September 2015
    Business & Finance

    Three product tankers have been arrested as the ING Bank pushes to claim over $400,000 of unpaid bunker bills on behalf of bankrupt Danish fuel supplier OW Bunker. The vessels in question include a product tanker duo, MT Celosia and MT Iris, operated by Indonesia’s Berlian Laju Tankers (BLT), which were arrested last Wednesday in Singapore, data from the Singapore […]

  • 15 September 2015
    Business & Finance

    Three product tankers have been arrested as the ING Bank pushes to claim over $400,000 of unpaid bunker bills on behalf of bankrupt Danish fuel supplier OW Bunker. The vessels in question include a product tanker duo, MT Celosia and MT Iris, operated by Indonesia’s Berlian Laju Tankers (BLT), which were arrested last Wednesday in Singapore, data from the Singapore […]

  • 14 January 2016
    Business & Finance

    New York-listed tanker owner Scorpio Tankers Inc. has upsized its previously announced USD 87 million credit facility with ING Bank N.V. to USD 132.5 million. The facility will bear interest at LIBOR plus a margin of 1.95% per annum, the company revealed. Scorpio plans to use the proceeds to partially finance the purchase of crude […]

  • 1 June 2016
    Business & Finance

    Greece-based dry bulk shipowner Safe Bulkers, Inc. has agreed with ING Bank N.V. to amend certain terms of an existing committed revolving credit facility of up to USD 32 million for its newbuilds. The loan, which has a five-year duration period, is secured by two newbuild vessels. Following this amendment, Safe Bulkers said that its the […]

  • 18 July 2013
    Business & Finance

    OAO Sovcomflot (SCF Group) and ING BANK N.V. have signed a USD 75 million, 10 year project credit facility. The funds will be used towards financing two new LPG carriers, currently under construction at the Hyundai Mipo Dockyard Co. Ltd, which will operate on long-term contracts with the Russian petrochemical company SIBUR. The carriers will […]

  • 20 November 2015
    Business & Finance

    Athens-based bulker owner and operator Diana Shipping has completed a drawdown of additional USD 27,9 million from its previously announced term loan facility of up to USD 39,6 million with ING Bank N.V., London Branch. The proceeds, completed through Diana’s separate wholly-owned subsidiary, were secured by the newbuild Capesize vessel New Orleans. The 180,960 dwt bulker m/v New […]

  • 27 October 2015
    Business & Finance

    Dutch multinational banking and financial services corporation ING Group, which is also one of the key global shipping financiers, has signed a USD 1 billion MoU with The Export-Import Bank of China. As agreed in the MoU, ING and Eximbank expressed interests in cooperating on future Chinese ship financing transactions, including Chinese built vessels and […]

  • 24 April 2018
    Vessels

    The London-based law firm, Watson Farley & Williams (WFW) advised ING Bank and the syndicate of lenders on the $252 million financing of the LNG-powered Aframax tankers for the Russian shipowner Sovcomflot.

  • 14 December 2012

    OAO Sovcomflot (SCF Group) today announces that on 12 December 2012 it signed a USD 160 million, 12 year export credit facility with Finnvera plc, Finnish Export Credit Ltd. and ING BANK N.V. The funds will be used towards financing two new ice-breaking supply vessels, Vitus Bering and Aleksey Chirikov, currently under construction at Arctech […]

  • 27 October 2015
    Business & Finance

    Dutch multinational banking and financial services corporation ING Group, which is also one of the key global shipping financiers, has signed a USD 1 billion MoU with The Export-Import Bank of China. As agreed in the MoU, ING and Eximbank expressed interests in cooperating on future Chinese ship financing transactions, including Chinese built vessels and […]

  • 14 December 2012

    Sovcomflot announced that it signed a USD 160 million, 12 year export credit facility with Finnvera, Finnish Export Credit and ING BANK N.V. The funds will be used towards financing two new ice-breaking supply vessels, Vitus Bering and Aleksey Chirikov, currently under construction at Arctech Helsinki Shipyard Oy (a joint venture of OAO United Shipbuilding […]

  • 20 November 2012

    Yemen LNG said that it has on November 13 received formal confirmation from its Lenders Agent, The Bank of Tokyo-Mitsubishi UFJ, Ltd, that the company has achieved unconditional Lenders’ Completion. On 19th May, 2008 Yemen LNG entered into project financing loan agreements with a consortium of international banks from Europe to Asia as well as […]

  • 18 July 2013

    OAO Sovcomflot (SCF Group) and ING BANK N.V. have signed a USD 75 million, 10 year project credit facility. The funds will be used for financing two new LPG carriers (currently under construction at the Hyundai Mipo Dockyard Co. Ltd), which will operate on long-term contracts with the Russian petrochemical company SIBUR. The carriers will […]

  • 7 August 2018
    Business & Finance

    Latsco Shipping secures more money to finance the construction of its MR product tankers.

  • 18 December 2018

    Russia’s largest shipping company Sovcomflot has completed its 2018 financing plan with a new $264 million six-year credit facility. 

  • 14 April 2020
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) has refinanced its revolving credit facility (RCF) providing the company with EUR 500 million committed bank financing until April 2025. The new facility was coordinated by ING Bank and is provided by a syndicate of seven banks (ABN AMRO Bank, BNP Paribas, HSBC, ING Bank, MUFG, Rabobank and NatWest). With […]

  • 16 July 2013

    OAO Sovcomflot (SCF Group) and ING BANK N.V. have signed a USD 75 million, 10 year project credit facility. The funds will be used towards financing two new LPG carriers (currently under construction at the Hyundai Mipo Dockyard Co. Ltd), which will operate on long-term contracts with the Russian petrochemical company SIBUR. The carriers will […]

  • 14 December 2012
    Business & Finance

    OAO Sovcomflot (SCF Group) today announces that on 12 December 2012 it signed a USD 160 million, 12 year export credit facility with Finnvera plc, Finnish Export Credit Ltd. and ING BANK N.V. The funds will be used towards financing two new ice-breaking supply vessels, Vitus Bering and Aleksey Chirikov, currently under construction at Arctech […]

  • 14 December 2012
    Business & Finance

    OAO Sovcomflot (SCF Group) today announces that on 12 December 2012 it signed a USD 160 million, 12 year export credit facility with Finnvera plc, Finnish Export Credit Ltd. and ING BANK N.V. The funds will be used towards financing two new ice-breaking supply vessels, Vitus Bering and Aleksey Chirikov, currently under construction at Arctech […]

  • 18 December 2018
    Business & Finance

    Sovcomflot agreed a new USD 264 million six-year revolving credit facility with five international banks.

  • 26 April 2016
    Business & Finance

    Maritime companies BW LPG Limited and BW Pacific have found work for seven new vessels as the companies signed time charter deals with Japanese shipping firm Mitsui & Co. Ltd. Under the contracts, signed on April 22, three very large gas carriers (VLGCs) and four medium range (MR) product tankers will be deployed on time charters with marine transportation […]

  • 21 July 2014
    Business & Finance

    TenneT Holding B.V. refinanced its existing EUR 1,125 million and EUR 500 million revolving credit facilities with a single facility of EUR 2 billion. The pricing of the facility, which can be used for general corporate purposes, was decreased and the maturity date was extended to July 2019 with two one-year extension options. Participating banks […]