Search results for: Songa Bulk

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  • 21 September 2017
    Business & Finance

    Norway-based shipping company Songa Bulk ASA is contemplating a tap issue in order to use the net proceeds for the acquisition of additional dry bulk vessels. The target amount is USD 18 million in the senior secured bond Songa Bulk ASA 17/22 FRN USD C, with a maturity on June 13, 2022. The current outstanding […]

  • 31 March 2017
    Business & Finance

    Norwegian shipowner Songa Bulk has entered into agreements to acquire two bulk carriers for a total of USD 43.35 million. The vessels in question are an 82,158 dwt Kamsarmax bulk carrier, built in 2012 at Tsuneishi Japan, and a 61,491 dwt Ultramax bulker, constructed in 2017 at China’s Dalian COSCO KHI Ship Engineering Co (DACKS). Songa Bulk said […]

  • 20 September 2017
    Business & Finance

    Oslo-listed bulker owner Songa Bulk ASA has entered into an agreement to acquire a 2012-built Kamsarmax bulker built at Tsuneishi in Japan. Songa Bulk said it would establish a wholly-owned subsidiary to take delivery of the 82,188 DWT vessel, set to take place in October 2017. The latest acquisition brings the company’s fleet to 15 vessels, […]

  • 20 January 2017
    Business & Finance

    Norwegian shipowner Songa Bulk has purchased the Panamax bulk carrier Maverick Genesis for USD 13.2 million through an auction procedure, according to data provided by VesselsValue. Bought from Greece-based Efploia Shipping, the 2010-built vessel was the final ship in the company’s fleet. Featuring 80,700 dwt, the Maverick Genesis, constructed by South Korean shipbuilder STX Offshore, has […]

  • 25 August 2017
    Business & Finance

    Norway-based bulker owner Songa Bulk is continuing with ship acquisitions as it has entered into an agreement to buy another Kamsarmax. The 81,918 dwt vessel was built at Tsuneishi shipyard in Japan in 2014. As informed, the bulker will be delivered in September 2017. The company intends to establish a wholly owned subsidiary to take delivery of the vessel. The only vessel in […]

  • 7 August 2017
    Business & Finance

    Norwegian shipowner Songa Bulk ASA has entered into an agreement to acquire a Kamsarmax bulk carrier built in 2010 at Japan’s Sumitomo yard. Featuring 81,466 dwt, the vessel will be delivered during the fourth quarter of 2017, bringing the company’s fleet to a total of 12 ships. The vessel in question is the Midland Sky, […]

  • 12 April 2017
    Business & Finance

    Norwegian shipowner Songa Bulk AS has decided to increase its fleet as the company entered into an agreement to acquire a 2009-built Capesize bulk carrier. Featuring 179,150 dwt, the bulker is scheduled to join its new owner by the end of July 2017. Songa Bulk said that it plans to establish a wholly-owned subsidiary to take delivery of […]

  • 29 May 2017
    Business & Finance

    Norwegian shipowner Songa Bulk ASA is looking issue a 5-year senior secured bond in an effort to finance acquisition of additional vessels. The company has, as part of the previously communicated strategy to take on moderate leverage, mandated ABG Sundal Collier ASA to arrange a series of fixed income investor meetings in the Nordics commencing on May […]

  • 18 August 2017
    Business & Finance

    Olso-listed bulker owner Songa Bulk ASA has entered into an agreement to acquire a Kamsarmax bulk carrier built in 2011 at Sanoyas in Japan. The 83, 494-DWT vessel will be delivered during the fourth quarter of 2017, the company said. The shipowner plans to establish a wholly owned subsidiary to take delivery of the vessel. The […]

  • 15 June 2017
    Business & Finance

    Nasdaq-listed dry bulk shipping company Golden Ocean Group Limited has reached an agreement to sell its Capesize vessel Golden Opus to Songa Bulk, according to VesselsValue. Norwegian shipowner Songa Bulk said in a listing on June 14 that it entered into an agreement to acquire a 180,706 dwt Capesize bulk carrier built in 2010 at STX in […]

  • 9 July 2018
    Business & Finance

    Star Bulk Carriers has closed the acquisition of 15 dry bulk vessels from Norwegian shipowner Songa Bulk.

  • 11 June 2018
    Business & Finance

    Songa Bulk’s shareholders have approved the sale of fifteen vessels to dry bulk shipping firm Star Bulk Carriers.

  • 30 May 2017
    Business & Finance

    Norwegian shipowner Songa Bulk ASA has completed the issuance of a USD 75 million senior secured bond to finance acquisition of additional dry bulk vessels. The company said that the bond issue, which has a total borrowing limit of USD 150 million, was oversubscribed and “received strong demand from high quality investors.” Settlement is expected to be […]

  • 29 June 2018
    Business & Finance

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

  • 15 May 2018
    Business & Finance

    Star Bulk Carriers has entered into agreements to acquire eighteen dry bulk vessels in two all‐share transactions.

  • 3 July 2019
    Business & Finance

    Offshore survey services company Axxis Geo Solutions is, as of Wednesday, a publicly listed company on Oslo Axess.

  • 5 July 2019
    Business & Finance

    The seismic player Axxis Geo Solutions (AGS) has been publicly listed on Oslo Axess. The listing marks the completion of the merger between Axxis Geo Solutions AS and Songa Bulk ASA. The name of the company is from today Axxis Geo Solutions ASA and its shares are listed and traded on Oslo Axess under the […]

  • 2 April 2019
    Business & Finance

    VesselsValue: Five publicly listed owners grew their combined fleet value by nearly USD 5 billion in a year.

  • 20 November 2012
    Business & Finance

    Norsafe has received orders for 400 million NOK (approx. 69 million USD) over the course of one month, reinforcing its role as the world’s leading manufacturer and supplier of maritime lifesaving systems. During October 2012 the sales department signed contracts for a value greater than NOK 400 million, thereby increasing the order backlog to a […]

  • 21 November 2012

    Norsafe has received orders for its newly developed GES50 MKIII freefall lifeboat worth NOK 400 million (approx $69.5 mln) over the course of one month, reinforcing its role as the world’s leading manufacturer and supplier of maritime lifesaving systems. During October 2012 the sales department signed contracts for a value greater than NOK 400 million, thereby […]

  • 13 March 2018

    Asset Buyout Partners has agreed to acquire Norwegian port and supply base landlord Mongstad Group from EQT Infrastructure II.

  • 20 July 2016
    Exploration & Production

    Norway’s offshore safety watchdog, the Petroleum Safety Authority, has given an Acknowledgment of Compliance (AoC) to Songa’s fourth Cat D semi-submersible rig, the Songa Enabler. Songa Enabler is Songa Offshore’s fourth and final Cat D rig, built for and contracted to Statoil. Songa took delivery of the Songa Enabler from Daewoo Shipbuilding & Marine Engineering […]