Latest News for: Tanker leasing


Gulf Navigation taps Chinese leasing for refinancing

Seatrade Maritime News 17 Aug 2022
Maritime transportation specialist Dubai Financial Market-listed Gulf Navigation has secured a five-year refinancing package for five petrochemical tankers from a Chinese lender. The Dubai-based shipowner said it reached a loan restructuring agreement with Jiangsu Financial Leasing Co.

Eneti banks $83m from sale of entire stake in Scorpio Tankers

Splash24/7 16 Aug 2022
Eneti currently has a fleet of five wind turbine installation vessels and two under construction in South Korea, while its sister company Scorpio Tankers currently owns, finance leases or ...

Dubai's Gulf Navigation wins refinance deal for tankers from China's Jiangsu Financial Leasing Co.

Gulf News 15 Aug 2022
Dubai-headquartered Gulf Navigation has pulled off the refinance for five petrochemical tankers, rated crucial as the company seeks to head into calmer financial waters. The tankers were refinanced by China’s Jiangsu Financial Leasing Co ... Founded in 1985, Jiangsu Financial Leasing Co., is one of the bigger financial leasing companies in China.

UAE In-Focus — RAK chamber members export totaled $435m in Q2; Gulf Navigation wins refinance deal

Arab News 15 Aug 2022
Refinance of petchem tankers ... completed the refinance of five petrochemical tankers, rated crucial, according to a statement ... “This agreement will establish a strong and prosperous relationship with our new partner, Jiangsu Financial Leasing Co., to which we are grateful for its belief in the company’s ability to grow and expand its operations.”.

Gulf Navigation's accumulated losses at Dh671m by end H1-22

Gulf News 15 Aug 2022
Dubai. Dubai-headquartered Gulf Navigation recorded losses of Dh2.45 million for the first six months of 2022, burdened by a Dh4.27 million net loss sustained in the April-June phase ... The latest move was to refinance five of its petrochemical tankers at more favourable rates with a Chinese financial leasing heavyweight ... .

SBI Leasing and MOL agree charter deal for chemical tanker pair 

Splash24/7 10 Aug 2022
SBI Leasing has sealed a bareboat charter deal for two chemical tankers with MOL Chemical Tankers, a Singapore-based unit of Mitsui OSK Lines (MOL) ... SBI Leasing said in a ...

Iran Navy thwarts overnight pirate attack on its merchant vessel in Red Sea

Press TV 10 Aug 2022
Iran Navy foils pirate attack on Iranian oil tanker en route to Gulf of Aden ... In line with international efforts against piracy, the Iranian Navy has been conducting patrols in the Gulf of Aden and the Indian Ocean, safeguarding merchant containers and oil tankers owned or leased by Iran or other countries.

Japan’s SBI Leasing expands with MOL Chemical Tankers charter deal

Tradewinds 10 Aug 2022
Japan’s SBI Leasing has agreed a bareboat charter deal for ...

Ardmore Shipping swings away from ‘expensive leases’ with new refinance deals

Tradewinds 28 Jul 2022
With $308m worth of refinancings announced in the company’s second-quarter earnings report, the New York-listed product tanker owner has ...

Scorpio Tankers repurchasing six leased vessels

Seatrade Maritime News 08 Jul 2022
The NYSE-listed tanker owner said it had exercised purchased on six leased MR product tankers. The 2014-built product tankers STI ...

Scorpio Tankers buys back six MRs from China Huarong

Splash24/7 08 Jul 2022
Emanuele Lauro’s Scorpio Tankers has exercised options to buy back six 2014-built MR product tankers from China Huarong Shipping Financial Leasing.

Box shipping to party on, more China leasing probes and visions of the future

Tradewinds 08 Jul 2022
This week, the spectre of an anti-corruption probe looms over the Chinese ship leasing sector and the buyer of BP’s product tankers is revealed; and we explore why the LNG product market is ...

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