5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Boa Offshore to Refinance Debt via Bond Loan

    29 November 2013
    Business & Finance

    Boa Offshore AS is contemplating to issue a new unsecured bond loan in the Norwegian bond market with maturity in December 2018.   The purpose of the loan is refinancing of existing debt and for general corporate purposes. In conjunction with the contemplated bond issuance, Boa Offshore AS will consider buying back bonds maturing in […]

  • McDermott Enters USD 810 Million Credit Agreement

    4 July 2017
    Business & Finance

    McDermott International has entered into a 5-year amended and restated credit agreement with $810 million of capacity for letters of credit and a $300 million revolving cash sublimit. In addition, the agreement allows for current or new lenders to increase commitments up to a total of $1.0 billion, the company said. The amended and restated facility will replace McDermott’s previous $450 […]

  • 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, […]

  • Penang Port, Malaysia in need for dredging

    25 November 2009

    The investment of more than RM1.1 billion to upgrade Penang Port will come to naught if the port’s north channel is not deepened, said Penang Port Sdn Bhd (PPSB) managing director Datuk Ahmad ibni Hajar… Source: The Edge Malaysia, November 25, 2009;

  • SeaBird gets all consents for restructuring

    1 August 2017
    Business & Finance

    Seismic services player SeaBird Exploration has obtained all consents required for its comprehensive restructuring announced in May.  As a result of significant market uncertainty, contracting lead times, deteriorating orderbook as well as upcoming debt maturities in 2017 and 1Q 2018, SeaBird has been looking for a refinancing solution since the beginning of this year. On May 26 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Repsol’s Guyana well hits water-bearing targets

    5 August 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Repsol has found good quality reservoir at its exploration well off Guyana but both targets are water-bearing.

  • Big Expansion Plans for Penang Port (Malaysia)

    31 March 2010

    THE year 2010 will be a big year for Penang Port.The extension to its container wharf will be completed and the six new cranes built by ZPMC and delivered in December 2009 will commence service.As the Penang Port managing director Datuk Ahmad Ibnihajar puts it… [mappress] Source:btimes,March 31,2010;

  • 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.

  • Director General of MMEA Joins India, Pakistan, Taiwan and Korea at OPV Asia-Pacific

    27 February 2012

    Malaysia, India, Pakistan, Taiwan, Korea, Philippines and More to Discuss Active OPV Requirements at Offshore Patrol Vessels Asia-Pacific 2012 Admiral Datuk Mohd Amdan bin Kurish, Director General, Malaysian Maritime Enforcement Agency (MMEA) has recently come on board the largest and most important OPV gathering of Coast Guards and Navies in the Asia-Pacific region. The MMEA […]

  • 3rd body found after NZ vessel sinking

    13 May 2006

    New Zealand Rescue Coordination Center said Sunday a third body was recovered in the morning, following the sinking of a fishing vessel off Stewart Island, near South Island of the country. The vessel, Kotuku, capsized and broke apart about Saturday afternoon, tipping nine people into the icy waters of Foveaux Strait. Three men were rescued […]

  • OSX CN, CAIXA Renew Bridge Loan for UCN Acu

    6 November 2013

    OSX Construção Naval S.A. (OSX CN), a subsidiary of OSX Brasil S.A., a Brazilian provider of equipment and services to the offshore oil and natural gas industry, and Caixa Econômica Federal (CAIXA) concluded the amendment to the bridge loan financing contract for the implementation of the Açu Shipbuilding Unit (UCN Acu), in the amount of […]

  • New Regulations Should Considers Shipping Issues, Says Ong

    26 November 2009

    The development of new maritime transportation safety and security regulations should consider factors concerning shipping as a whole, according to Transport Minister Datuk Seri Ong Tee Keat. Malaysia, he said, does not advocate any lack in regulations or the abject compromise in standards.

  • Airbus reveals offshore helicopter of the future

    16 June 2015
    Equipment

    Airbus Helicopters has revealed the concept phase start-up for a new European helicopter, the X6, at the Paris Air Show yesterday. The company has said that it will now embark on a  two-year definition period on this next-generation heavy-lift rotorcraft that will be tailored for oil and gas missions. “X6 will be for the heavy segment […]

  • Navios Partners Repays USD 418.5 Mn Loan

    16 October 2019
    Business & Finance

    Navios Maritime Partner managed to repay a major loan amounting to USD 418.5 million.

  • Gas Natural Fenosa bunkers Baleària’s LNG-powered ferry at Port of Valencia

    13 June 2018
    Vessels

    Madrid-based LNG operator, Gas Natural Fenosa cooperated with its compatriot ferry operator Baleària to conduct the first LNG bunkering operation for its vessel Abel Matutes in Port of Valencia. 

  • Höegh bumps FSRU Independence funds, nabs LNG carrier deal

    26 March 2020
    Business & Finance

    Höegh LNG has secured an extension and upsizing of its FSRU Independence debt facility as well as an interim time charter for one of its vessels.

  • PGS to Offer Data in APA 2019 Award Areas

    17 January 2020
    Business & Finance

    Petroleum Geo-Services (PGS) has set out plans to offer GeoStreamer X data in APA 2019 Award Areas announced by NPD. PGS has GeoStreamer data library coverage over the 2019 APA license areas announced by NPD and plans for new acquisition projects in 2020 to further expand this in key areas of the Barents Sea, Norwegian […]

  • PGNiG of Poland to Issue Domestic Notes

    18 June 2012

    Polskie Górnictwo Naftowe i Gazownictwo SA is planning to carry out the first issue under its new domestic note issuance programme in the amount of PLN 2.5bn. On June 13, the book building process for the issue was closed. PGNiG will issue notes worth PLN 2.5bn, with a maturity of five years, yielding 6M Wibor […]

  • Euronav: Capital Increase for Maersk VLCC Fleet Acquisition Approved

    25 February 2014
    Business & Finance

    Euronav said that the meeting of shareholders has approved a USD 300,000,000 capital increase against issuance of 32,841,528 new shares for Maersk VLCC fleet acquisition.   That results in the following overview: Before Current Total subscribed capital (USD) $94,388,158.23 $130,084,009.11 Total  number  of  ordinary  shares  in  issue (with voting rights)* 86,840,658 119,682,186 Total  number  of  […]

  • Training Institute for Dredging maintains growth with new facilities and new courses

    5 March 2010

    The Training Industry for Dredging (TID), part of MTI Holland, IHC Merwede’s ‘knowledge centre,’ says it has grown significantly over the last three years. “We have not only grown in numbers; our training has matured,” said the TID in a statement.