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News Stories (5 Results) - Shipping

Global Ship Lease, Inc., a containership charter owner, announced that the company had entered into a $65.0 million credit facility with funds associated with Hayfin Capital Management and Breakwater Capital to fund the acquisition of additional... Read Story
September 11, 2018, 07:00 AM


Umpqua Bank, a subsidiary of Umpqua Holdings Corporation has provided $47.6 million in senior secured credit facilities to Bay Ship & Yacht Co., the largest vessel maintenance and repair company in Northern California. The financing will be used for... Read Story
January 15, 2018, 07:25 AM


Bankrupt shipping firm GulfMark Offshore, Inc. and GulfMark Rederi AS, a wholly-owned subsidiary of the company, entered into a commitment letter with DNB Markets, Inc., DNB Capital LLC and Hayfin DLF II Luxco 2 S.à.r.l.  regarding the terms of the... Read Story
October 04, 2017, 07:16 AM


Santander Bank announced that its Corporate and Commercial Banking division has closed a $10 million senior secured revolving line of credit with OL International, an ocean and airfreight cargo transportation provider.Michael Grande, Senior Vice... Read Story
April 11, 2017, 07:05 AM


Genco Shipping & Trading Limited ("Genco" or the "Company") announced that – consistent with its previously disclosed Restructuring Support Agreement with certain of the lenders under its $1.1 billion secured credit facility entered into in 2007 (the... Read Story
April 22, 2014, 07:19 AM