Search results for: guarantee

3710 results

A list of search results

  • 26 January 2021
    Business & Finance, Business developments & projects

    HSBC has issued a green trade finance facility raising $ 48 million (around € 40 million) for UAE-based Lamprell to support the company’s fabrication work for the Seagreen offshore wind farm in Scotland. The facility, for which HSBC was the sole arranger, is the first green guarantee in the Middle East and North Africa (MENA) […]

  • 25 September 2020
    Regulation & policy, Research & Development, Vessels

    Japanese shipping major NYK Line and Japan Marine United Corporation (JMU) are introducing a new shipbuilding contract that guarantees propulsion performance in actual sea conditions. Shipbuilding contracts typically guarantee ship speed by confirming the relationship between ship speed and horsepower in calm sea conditions without waves. Mutual confirmation then occurs during the sea trials that […]

  • 25 September 2020
    Business & Finance, Business developments & projects

    Russia’s largest independent natural gas producer Novatek has reached another milestone on its Yamal LNG project.

  • 4 June 2020
    Business & Finance, Project & Tenders

    The Danish Export Credit Agency (EKF) has provided a £304 million guarantee for the Seagreen offshore wind project in Scotland. EKF is participating in the financing together with the Norwegian ECA GIEK and 12 commercial banks. SSE Renewables recently announced it had taken a final investment decision to proceed with the Seagreen 1 offshore wind […]

  • 18 May 2020
    Business & Finance, Business developments & projects

    Siemens Gamesa has signed a bank guarantee line for up to EUR 600 million to cover the construction of components for the 1.4 GW Hornsea Two offshore wind farm. Located in the North Sea and owned by Danish utility company Ørsted, the farm will consist of 165 Siemens Gamesa wind turbines. BNP Paribas lead managed […]

  • 1 January 2020

    Lithuanian government inked a state guarantee agreement with the Nordic Investment Bank providing backing to its LNG terminal operator Klaipedos Nafta regarding the €135.16 million ($148.65 million) loan.

  • 10 December 2019
    Business & Finance

    Siemens Gamesa has completed a deal with Societe Generale to convert a EUR 230 million guarantee line to green, the third such line that the company has arranged so far this year, in addition to EUR 1.25 billion arranged with two other banks. Siemens Gamesa will use this line for its worldwide business of manufacturing […]

  • 19 September 2019
    Business & Finance

    Siemens Gamesa has expanded its green guarantee line to EUR 1.25 billion which the company will use to fund its business of manufacturing and selling onshore and offshore wind turbines worldwide. In a deal arranged with BNP Paribas, the company converted a EUR 240 million guarantee line into a “green” line and signed an additional line […]

  • 23 August 2019
    Business & Finance

    The state guarantee will allow the shipyard to seek loans from banks.

  • 15 July 2019

    Gibraltar, the UK would facilitate the release of the detained Iranian Grace 1 if there are certain guarantees.

  • 7 June 2018
    Business & Finance

    Port Kembla Unions Committee called for Australian jobs guarantee for NWS’ LNG import terminal.

  • 26 March 2018
    Project & Tenders

    The outcome of the first subsidy-free offshore wind tender set up in the Netherlands gives confidence for future tenders in the country, however, there is no guarantee that these can also be realised without a subsidy, according to Eric Wiebes, the country’s Minister of Economic Affairs and Climate.

  • 26 March 2018
    Project & Tenders

    The outcome of the first subsidy-free offshore wind tender set up in the Netherlands gives confidence for future tenders in the country, however, there is no guarantee that these can also be realised without a subsidy, according to Eric Wiebes, the country’s Minister of Economic Affairs and Climate.

  • 11 January 2018

    Croatia has decided to provide a USD 115.6 million state guarantee for a loan to help shipbuilder Uljanik to restructure.

  • 6 December 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    San Bernardino Ocean Power Corp has reportedly encouraged the Philippine government’s plans to establish a single government-run guarantee agency as it would help the company attract investments.

  • 27 November 2017
    Business & Finance

    STX Offshore and Shipbuilding’s main creditor, Korea Development Bank (KDB), has issued refund guarantees for eight newbuilding orders the troubled shipbuilder secured earlier this year. The said guarantees relate to two 50,000 dwt product tankers ordered by a Greek owner Oceangold Tankers,  two 11,200-DWT tankers ordered by Woolim Shipping Co. and four 50,000 dwt product tankers ordered […]

  • 19 September 2017
    Business & Finance

    European Shippers’ Council (ESC), together with the other associations, is looking for a way to cut the administrative and financial burden related to the guarantees against customs debts. Namely, the association has asked the European Commission’s Directorate-General for Taxation and Customs Union to reduce the guarantees expenses. According to the Union Customs Code, a shipper […]

  • 26 April 2017

    Offshore driller Seadrill has closed a deal with oilfield services firm Archer to extinguish $253 million in financial guarantees provided by Seadrill. The scrapping of the guarantees comes in exchange for a cash payment of approximately $25 million. Seadrill said on Wednesday it remained in “constructive discussions” with Archer and its lenders to extinguish the […]

  • 4 November 2016
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    Cape Sharp Tidal has made additional commitments to Environmental Effects and Monitoring Program (EEMP), approved by Nova Scotia government, ahead of tidal turbine deployment in the Bay of Fundy.

  • 22 September 2016
    Business & Finance

    South Korean shipbuilder Hyundai Heavy Industries has secured a refund guarantee in connection to a recent order to construct two oil tankers for a Greek shipowner, Yonhap News Agency reported industry sources as saying. The refund guarantee is provided by a group of banks led by KEB-Hana Bank. These guarantees allow shipowners to reclaim the […]

  • 2 September 2016
    Business & Finance

    The Canadian shipping company Algoma Central Corporation has collected USD 29.1 million being the final refund guarantee related to the cancellation of the four shipbuilding contracts with China’s shipbuilder Nantong Mingde Heavy Industries Co. Ltd. “The collection of this final refund guarantee brings to an end the extended process related to the cancellation of the […]

  • 15 August 2016
    Business & Finance, Research & Development, Technology

    The HM Treasury will underwrite funding for approved Horizon 2020 projects applied for before the UK leaves the European Union in a commitment aimed at providing reassurance to applicants from the UK’s research and innovation base when applying for EU research funding.

  • 18 April 2016

    Litgas, part of the Lithuanian state-controlled Lietuvos Energija, on Monday said it has signed two letters of credit agreement totaling €154.7 million with SEB and Swedbank.

  • 31 August 2015

    To be able to compete with the lower labour costs in Asia, Africa and the outer regions of Europe, we simply have to meet the highest quality standards. We don’t try to be the cheapest, we want to be the best. Still for a reasonable price of course. Van Voorden Castings is a foundry based […]

  • 31 August 2015

    To be able to compete with the lower labour costs in Asia, Africa and the outer regions of Europe, we simply have to meet the highest quality standards. We don’t try to be the cheapest, we want to be the best. Still for a reasonable price of course. Van Voorden Castings is a foundry based […]