Constantin Baack, the chief executive of Oslo-listed tonnage provider MPC Container Ships has been selected to take the helm at German asset and investment manager MPC Capital. Baack will take ov...
https://splash247.com/constantin-baack-promoted-to-chief-executive-role-at-mpc-capital/
Swedish bank SEB has set a net zero-aligned 2030 target for the shipping sector in line with its commitment to the Net Zero Banking Alliance. The Net Zero Banking Alliance is a group of global ba...
https://splash247.com/swedens-seb-adds-shipping-to-2030-net-zero-target/
The case to cash in and sell secondhand tonnage leads the April issue of Splash Extra, published today. Both newbuild and secondhand vessel prices are exceptionally high (see chart below) at pres...
https://splash247.com/why-owners-should-look-to-sell-ships-now/
Oslo-listed OSV pure play Golden Energy Offshore Services (GEOS) is getting a new majority shareholder after Oaktree Capital Management offloaded its stake for $39.5m. Fleetscape, a fund managed ...
https://splash247.com/geos-gets-new-majority-shareholder-as-oaktree-sells-out/
Dutch floater expert SBM Offshore has secured a $250m term loan facility for floating production, storage and offloading (FPSO) vessel construction financing. SBM said that the facility will be d...
https://splash247.com/sbm-offshore-secures-250m-fpso-construction-loan/
Singapore offshore vessel player and shipyard Marco Polo Marine, along with its Taiwan-based subsidiary PKR Offshore, has entered into a financing agreement for its offshore wind commissioning se...
https://splash247.com/marco-polo-marine-fixes-financing-deal-for-csov-newbuild/
Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend and the hijacking of the 15,000 teu MSC Aries. United Nations secretary-general Antonio Guterres...
https://splash247.com/shipping-braces-for-israels-response-to-iranian-attacks/
Singapore’s maritime mantelpiece needs reinforcement, groaning from all the trophies, accolades and awards lavished towards the Lion Republic, the preeminent shipping hub of the 21st century. M...
https://splash247.com/singapore-retains-global-shipping-hub-crown/
Cargo insurer WK Webster is reporting that general average looks to have been declared by the owners of the wrecked Dali containership which destroyed Baltimore’s largest bridge and crippled th...
https://splash247.com/insurance-pay-outs-from-baltimore-bridge-disaster-in-the-spotlight/
Energy services company Petrofac said on Friday it was still struggling to secure performance guarantees for new contracts and that it was in negotiations with lenders about restructuring its deb...
https://splash247.com/petrofac-reveals-debt-for-equity-talks/