5815 results found for 'matuku'

5815 results found for 'matuku'
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  • DATC to Take Over Vinashin’s Debt

    14 October 2013

    Vietnam’s state-owned Debt and Asset Trading Corp (DATC) and Vietnam Shipbuilding Industry Group (Vinashin), few days ago, reached a decision that DATC will issue $600 million of bonds overseas guaranteed by the Vietnamese Government to restructure the debts of Vinashin. The decision comes after lengthy negotiations between Vinashin and its foreign debt owners and is […]

  • Dubai World to Refinance USD 14.6 Bln Debt

    13 January 2015
    Business & Finance

    Dubai government-owned conglomerate Dubai World has struck a new deal with creditors to extend and amend its outstanding USD 14.6 billion debt, Reuters reports citing company announcement. The deal envisages full early repayment of 2015 maturities of USD 2.92 billion in addition to extension of the conglomerate’s remaining 2018 maturities to 2022. Dubai World has been at the negotiating […]

  • Mexican government to give $5 billion to Pemex to repay debt

    11 September 2019
    Business & Finance

    Mexican state-owned oil and gas company Pemex will receive a contribution equivalent to $5 billion from the country’s government to repay and refinance debt. 

  • CGG in debt slash

    8 January 2015
    Business & Finance

    On December 23, 2014, a seismic acquisition specialist CGG completed its 2014 debt refinancing program with the amendment and extension of its Nordic credit facility led by Nordea. According to CGG, the credit amount was increased from $175m to $250m and the maturity extended from May 2018 to December 2019. CGG says that during the […]

  • Baleària Orders Spain’s First Pure-Gas Marine Engine

    20 February 2015
    Business & Finance

    Rolls-Royce has signed a collaboration agreement with Spanish energy company Gas Natural Fenosa to develop and install a pure-gas Bergen engine aboard the Baleària-operated ferry Abel Matutes. The contract gives Rolls-Royce its first reference for a pure-gas engine installation on a European-flagged ferry operating outside of Norwegian waters. The 29,670 tonne ROPAX ferry, delivered in […]

  • Malaysia: MISC Appoints New Chairman

    1 August 2011
    Business & Finance

    Datuk Manharlal Ratilal, Malaysian, aged 51, was appointed as Chairman and Non-Independent Non-Executive Director of MISC Berhad on 1 August 2011. Datuk Manharlal is the Executive Vice President, Finance of PETRONAS and a member of Board of Directors of PETRONAS, its Executive Committee and Management Committee. He also sits on the Board of KLCC Property […]

  • Navios Acquisition Loans USD 70 Million to Navios Holdings

    20 September 2016
    Business & Finance

    NYSE-listed owner and operator of tanker vessels Navios Maritime Acquisition Corporation has agreed to provide a USD 70 million secured loan facility to its parent company, the dry bulk shipping specialist Navios Maritime Holdings Inc. The loan facility, maturing in November 2018, bears interest of 8.75%, compounded semi-annually and is secured by all of Navios Holdings’ interest in […]

  • Aker gets grant to study floating wind offshore Norway

    3 November 2020
    Business & Finance, Research & Development

    Aker Offshore Wind has secured a grant from Norway’s Enova for a pre-project that aims to reduce costs and increase maturity in important technical segments of floating offshore wind. The launched project study explores how the supplier industry can develop and support the realization of floating offshore wind in segments such as fabrication, execution models […]

  • Origin Energy Prices Medium Term Notes (Australia)

    17 April 2013

    Origin Energy Limited announced the successful pricing and allocation of €750 million seven and a half year medium term notes issue under its Euro Medium Term Note Program. The Notes have a coupon of 2.50 per cent and will mature in October 2020. The proceeds have been swapped into Australian dollars. The settlement of the […]

  • UK: ABP Seeks EIB Loans for Port Development Projects

    26 October 2012
    Business & Finance

    Associated British Ports (ABP) Finance Plc announces that ABP Acquisitions UK Limited (“ABPA”), its fellow group undertaking, is in discussions with the European Investment Bank for the provision of two corporate loans totalling around £125m. In accordance with the terms of ABPA’s existing financing, proceeds from the loans, if concluded, will be applied to repay […]

  • MISC Appoints New Chairman (Malaysia)

    1 August 2011

    Datuk Manharlal Ratilal, Malaysian, aged 51, was appointed as Chairman and Non-Independent Non-Executive Director of MISC Berhad on 1 August 2011. Datuk Manharlal is the Executive Vice President, Finance of PETRONAS and a member of Board of Directors of PETRONAS, its Executive Committee and Management Committee. He also sits on the Board of KLCC Property […]

  • Euronav Secures Loan for VLCC Refinancing

    6 January 2017
    Business & Finance

    Belgian tanker owner and operator Euronav NV has signed a new USD 410 million senior secured amortizing revolving credit facility, which was made available in mid-December to refinance 11 vessels. The new loan, also used for general corporate and working capital purposes, was used to refinance the USD 500 million senior secured credit facility dated March […]

  • DATC Takes Over Vinashin’s Debts (Vietnam)

    15 October 2013
    Business & Finance

    Vietnam’s state-owned Debt and Asset Trading Corp (DATC) and Vietnam Shipbuilding Industry Group (Vinashin), few days ago, reached a decision that DATC will issue $600 million of bonds overseas guaranteed by the Vietnamese Government to restructure the debts of Vinashin. The decision comes after lengthy negotiations between Vinashin and its foreign debt owners and is […]

  • UK: ABP Seeks EIB Loans for Port Development Projects

    26 October 2012
    Business & Finance

    Associated British Ports (ABP) Finance Plc announces that ABP Acquisitions UK Limited (“ABPA”), its fellow group undertaking, is in discussions with the European Investment Bank for the provision of two corporate loans totalling around £125m. In accordance with the terms of ABPA’s existing financing, proceeds from the loans, if concluded, will be applied to repay […]

  • d’Amico secures $82M sustainability-linked loan

    21 July 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    d’Amico Tankers, part of Italian shipping company d’Amico International Shipping (DIS), has signed an $82 million sustainability-linked loan concerning four of the company’s tankers.

  • Norway: 47 Companies Apply for Acreage in APA 2012

    9 September 2012
    Business & Finance, Operations & Maintenance

    The Norwegian authorities on Friday received all the applications for Awards in Predefined Areas 2012 (APA 2012). A preliminary count indicates that 47 companies have applied for acreage. This result shows that there is still considerable interest in new acreage and previously awarded and explored areas in predefined areas in the North Sea, the Norwegian […]

  • Diana Shipping Agrees New USD 75 Mn Loan

    17 July 2018
    Business & Finance

    Diana Shipping signed a term loan facility with French banking group BNP Paribas for up to USD 75 million.

  • Scorpio Takes Facility to Finance Dozen Newbuilds

    20 October 2014
    Business & Finance

    Scorpio Bulkers has received commitments from DNB Capital, the Export-Import Bank of Korea, Korea Trade Insurance Corporation, as well as Korean and international pension funds and financial institutions, for a loan facility of up to USD 411.2 million. The loan will be used to finance up to 60% of 12 Capesize bulk carriers under construction at Sungdong Shipbuilding & […]

  • Ports Development Draws Most Interest in Indonesia’s Investment Master Plan

    14 March 2012

    The government has reported an increase of almost a thousand trillion rupiah in funds committed to support the country’s investment master plan, with the energy and transportation sectors so far drawing the most interest. As of the end of February, investors have committed to investing a total of Rp 4,925 trillion ($537 billion) until 2014 […]

  • M’sia, China To Strengthen Maritime, Shipping Cooperation

    25 August 2006

    Malaysia and China Friday signed a memorandum of understanding (MoU) to strengthen cooperation in the maritime and shipping sector. Minister of Transport, Datuk Seri Chan Kong Choy, signed the MoU on behalf of Malaysia and China was represented by its Minister of Communications, Li Shenglin.

  • Norway: Kjetil Aasoldsen Becomes Member of NPD’s Management Team

    2 March 2012
    Business & Finance

    Kjetil Aasoldsen (36) has become a member of the Norwegian Petroleum Directorate’s management team as director of North Sea South. «I look forward to getting started. The southern section of the North Sea is a very exciting area of the shelf, with a mix of mature fields with vast remaining volumes and new, major discoveries, […]

  • IHS Markit identifies 5 billion ‘short-cycle’ barrels in overlooked areas

    30 January 2018

    IHS Markit has identified more than five billion quick-to-first-oil barrels of oil equivalent up for grabs in numerous smaller, previously bypassed, or underperforming reservoirs outside North America. These, IHS Markit said, offer oil and gas operators a ’shorter-cycle’ path to production than new, frontier projects in undeveloped areas.  This is according to a study conducted by […]

  • Borr needs more time to put in place financing solution

    1 July 2022
    Business & Finance, Business Developments & Projects

    Borr Drilling is still engaged in talks with creditors to find a financing solution to extend its 2023 debt maturities and refinance.

  • Anadarko adds $1 billion to share buyback program

    9 July 2018

    US independent Anadarko Petroleum, the developer of the Mozambique LNG export project, is increasing the company’s share-repurchase program for $1 billion. This follows the recent completion of Anadarko’s first buyback program in the amount of $3 billion. In addition, Anadarko announced on Monday a $500 million increase to its debt-reduction program, bringing the total planned to $1.5 billion. […]

  • Australia: Origin Executes Loan Facility

    22 August 2013

    Origin Energy today announced the successful execution of a $7.4 billion bank loan facility with a syndicate of domestic and international banks. The bank loan facility has terms of four and five years and will mature in August 2017 and August 2018. Origin has entered into the facility, which is more than sufficient to refinance all existing bank debt, […]