Search results for: ing

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  • 20 February 2018
    Project & Tenders

    The European Investment Bank (EIB) and ING today signed an agreement to support green investments for the European shipping market for a total value of €300 million ($370.6 million).

  • 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 January 2013
    Business & Finance

    Avalon’s major beach fill project is expected to con­clude some­time dur­ing the upcom­ing week­end of Jan­u­ary 26th-27th. Dur­ing a progress meet­ing held in Avalon on Wednes­day, Jan­u­ary 23rd the con­trac­tor for the project announced that the actual pump­ing of sand could wrap up dur­ing the upcom­ing week­end. The work is being done by Nor­folk Dredg­ing […]

  • 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 […]

  • 2 September 2013
    Business & Finance

    The Bor­ough of Avalon has obtained state per­mits it needs to move for­ward with an inno­v­a­tive dredg­ing project that is sched­uled to begin this fall with the first-ever munic­i­pal offload of a major New Jer­sey con­fined dis­posal facil­ity (CDF) that will make room for future dredged mate­ri­als. Avalon also con­ducted a for­mal bid open­ing on […]

  • 16 June 2014
    Business & Finance, Equipment, Technology

    The Bor­ough of Avalon has sched­uled a com­mu­nity meet­ing on Sat­ur­day, June 21, to dis­cuss an upcom­ing multi-year dredg­ing project in the com­mu­nity. The meet­ing will be held at the Avalon Ele­men­tary School gym­na­sium start­ing at 11:00am. “This is the largest infra­struc­ture project the Bor­ough has ini­ti­ated since the revi­tal­iza­tion of the Dune Drive busi­ness […]

  • 19 February 2018
    Business & Finance

    EIB and ING assign EUR 300 million (USD 372.5million) for green shipping investments.

  • 28 March 2014

    The 2014 munic­i­pal bud­get for the Bor­ough of Avalon was approved by a unan­i­mous 5–0 vote by the Avalon Bor­ough Coun­cil dur­ing its meet­ing on Wednes­day, March 26th. The new bud­get totals $24.8 mil­lion and sets the local pur­pose tax rate at 22.4 cents, which rep­re­sents a half cent increase from 2013. The bud­get main­tains […]

  • 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 […]

  • 1 August 2013
    Business & Finance

    Avalon posted an update on the Stone Harbor/southern Avalon beach fill project on Wednes­day, July 31st: “The entire sand dredg­ing oper­a­tion is com­plete. No addi­tional sand will be dredged on the beaches. Accord­ing to Brian Miller from Nor­folk Dredg­ing, the lines have already been cleaned and flushed, and it is very likely that the removal […]

  • 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 […]

  • 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 […]

  • 16 September 2013
    Business & Finance, Environment

    ING Commercial Banking (ING CB) is shifting its European focus from financing natural gas plants to financing renewable energy projects, reports Business Recorder. The main reason for this shift to offshore and onshore wind and solar power is the increased development of renewable energy projects in Europe as well as “overcapacity (in Europe’s power market) […]

  • 7 August 2018
    Business & Finance

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

  • 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 […]

  • 21 December 2012

      A major beach nour­ish­ment project that will repair the beach­front in Avalon and Stone Har­bor is expected to get under­way right before the Christ­mas hol­i­day. A dredge that will pump up to 710,000 thou­sand cubic yards on the beaches in both com­mu­ni­ties is expected to begin on or about Sun­day, Decem­ber 23rd. This project […]

  • 17 December 2007

    ING Real Estate, part of ING Group NV, said it has entered into a joint venture with Flagstone Property Group to develop Island Gardens, a 600 mln usd mixed-use waterfront development in Miami, US.

  • 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 […]

  • 9 March 2017

    By Karolin Schaps, Christoph Steitz and Vera Eckert LONDON/FRANKFURT (Reuters) – Banks ING and Societe Generale are in talks with traders to test liquefied natural gas (LNG) trading based on blockchain, the technology starting to shake up the traditional energy industry. Blockchain, which originates from digital currency bitcoin, works as an electronic transaction-processing and record-keeping […]

  • 28 February 2019
    Business & Finance, Rules & Regulation

    The loan is financed by ING and the European Investment Bank.

  • 3 January 2013
    Business & Finance

    A major beach fill project that will result in 290,000 cubic yards of sand being placed on the Avalon beach­front will begin Today, dur­ing the early after­noon hours. Yesterday, Avalon offi­cials attended a progress meet­ing with the United States Army Corps of Engi­neers, the New Jer­sey Depart­ment of Envi­ron­men­tal Pro­tec­tion, and Nor­folk Dredg­ing in Avalon. […]

  • 2 July 2006

    Martinus Brandal, former Executive Vice President of Aker ASA today assumes the role of President and CEO of Aker Kvaerner, succeeding Inge K. Hansen. Hansen joins Aker ASA as a consultant to the group’s management. “Taking over the helm of Aker Kvaerner from Inge Hansen is like taking over a ship that is right on […]