Search results for: leases

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A list of search results

  • 1 August 2017
    Business & Finance

    UK-based containership charter owner Global Ship Lease saw its net income rise to USD 7.3 million for the second quarter 2017 from USD 5.6 million reported in the same period a year earlier. During the quarter, the company’s revenue stood at USD 40.2 million, slightly down from USD 41.3 million seen in the second quarter […]

  • 31 January 2018

    Trifleet Leasing, the Netherlands-based tank container leasing company, is entering the cryogenic tank containers business with a focus on liquefied natural gas (LNG). The company said in a statement on Wednesday that it started building up a cryogenic container fleet and offering a full range of related services as of the beginning of this year. In […]

  • 9 November 2015
    Authorities & Government

    The U.S. Bureau of Ocean Energy Management (BOEM) will hold an auction sale for the New Jersey offshore wind lease area today, offering approx. 344,000 acres for commercial wind energy leasing. The area will be auctioned as two leases: South Lease Area, covering 160,480 acres, and North Lease Area, which consists of 183,353 acres. The lease area has an offshore […]

  • 7 December 2017
    Business & Finance

    The portfolio of ICBC Leasing, the largest Chinese leasing firm, has reached USD 10 billion in just ten years.

  • 27 September 2017
    Business & Finance

    Subsidiaries of CSIC Leasing have acquired four second-hand LR product tankers from subsidiaries of Eletson, a Greek tanker owner, Watson Farley & Williams (WFW) informed.  As disclosed, the sale proceeds from the transaction worth USD 65.5 million have been used to refinance the balloon payment under certain loan facilities of the Eletson group secured on […]

  • 16 March 2016

    The U.S. Department of Interior has backed away from the proposed sale of offshore exploration acreage on the Mid and South Atlantic area as part of the 2017-2022 lease sale, citing local opposition and conflicts with competing commercial and military ocean uses. According to the statement by the DOI, many factors were considered in the […]

  • 10 July 2017
    Business & Finance

    UK-based containership charter owner Global Ship Lease (GSL) has decided to suspend the previously announced senior secured notes offering.  As informed, the company now intends “to continue its ongoing efforts to identify attractive opportunities to proactively refinance its 10% Senior Secured Bonds due 2019.” In late June, GSL launched the offering in an aggregate principal […]

  • 25 September 2019
    Business & Finance

    The funds would be used for general corporate purposes, including boxship purchases or prepayment of debt.

  • 20 October 2017
    Business & Finance

    Global Ship Lease, a containership charter owner incorporated in the Marshall Islands, has launched an offering of first priority secured notes due 2022 in an aggregate principal amount of USD 360 million. The company intends to use the proceeds from the offering, together with borrowings under a new super senior secured term loan facility, to […]

  • 18 January 2018
    Business & Finance

    Global Ship Lease is looking at strategic alternatives, while continuing to develop vessel purchase opportunities.

  • 24 March 2016

    The latest U.S. Gulf of Mexico lease sale has attracted $156 million in high bids for 128 tracts covering 693,962 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi and Alabama. This, combined with no bids for the Eastern Gulf Sale, translates into one of the lowest industry interest in the history […]

  • 19 June 2018
    Authorities & Government

    As the Crown Estate is setting the stage for new offshore wind leasing, the authority governing the UK seabed will host a session with potential leasing process participants on 25 July, aiming to gather initial feedback from the industry.

  • 13 March 2019

    The U.S. Bureau of Ocean Energy Management has proposed to offer 78 million acres for a Gulf of Mexico lease sale scheduled for August 2019.

  • 14 September 2015
    Authorities & Government

    The Crown Estate has announced a new programme of leasing for small scale wave and tidal current test and demonstration projects under 3MW. The new leasing will open from 21st September 2015 and has been introduced following feedback from the industry that further opportunities for some technology types are required. This need has been identified where […]

  • 7 November 2017
    Authorities & Government

    Same as Crown Estate Scotland, the Crown Estate responsible for managing the seabed around England, Wales and Northern Ireland announced today (7 November) it will consider new leasing for offshore wind projects.

  • 27 May 2015
    Business & Finance

    The Andrews Labor Government in Victoria, Australia is pushing forward with the lease of the Port of Melbourne for up to 50 years. Namely, the government has introduced legislation to enable the lease of Australia’s largest container port, the Delivering Victorian Infrastructure (Port of Melbourne Lease Transaction) Bill 2015, to the Victorian Parliament this week. The Prime Minister’s […]

  • 10 October 2017
    Business & Finance

    Marshall Islands-incorporated containership charter owner Global Ship Lease (GSL) is gearing up to launch its proposed notes offering aimed at collecting between USD 350 and USD 400 million. The company said it has mandated advisors to arrange a series of investor meetings relating to the non-registered 5-year notes offering. GSL intends to use the proceeds from the […]

  • 7 November 2017
    Authorities & Government

    Same as Crown Estate Scotland, the Crown Estate responsible for managing the seabed around England, Wales and Northern Ireland announced today (7 November) it will consider new leasing for offshore wind projects.

  • 3 March 2016
    Authorities & Government

    The UK Department of Energy and Climate Change (DECC) is conducting a Strategic Environmental Assessment (SEA) of a draft plan to enable future leasing for offshore wind, as well as wave and tidal devices. The authority published the UK Offshore Energy Strategic Environmental Assessment 3 (OESEA3) report, and opened the consultation period which closes on 29 […]

  • 31 August 2017
    Business & Finance

    Leasing companies are tightening their stranglehold over container equipment ownership as ocean carriers cut back on new purchasing and sell older inventory for leaseback, shipping consultancy Drewry said. But the lessors’ rapid expansion has come at a price as the combination of low borrowing costs and competitive pressures has had an adverse impact on lease […]

  • 17 April 2017

    The U.S. State of Alaska is offering offshore and onshore acreage for oil and gas exploration as part of its latest lease sale. The bid opening will be held in June.  The Alaska Department of Natural Resources, Division of Oil and Gas (DO&G), announced on Friday that the public bid opening for the Alaska Peninsula […]

  • 11 December 2017
    Business & Finance

    Trafigura Group has finalized the deal for the leasing of all 30 newbuilding ships.