OSG Behind Order for Tanker Duo at Hyundai Mipo

Overseas Shipholding Group has confirmed that it placed an order for two product chemical tankers with South Korea‚Äôs Hyundai Mipo Dockyard.

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Diana Shipping Agrees New USD 75 Mn Loan

Athens-based dry bulk owner Diana Shipping has signed a term loan facility with French banking group BNP Paribas for up to USD 75 million.

LAUNCH OF NEW MARITIME FUND MANAGER HANSEATIC CAPITAL MANAGEMENT

Hanseatic Capital Management
(HCM) has recently been launched by the Schulte Group, a leading German shipping company, acting as the anchor investor. The investment focus of HCM are
maritime real assets, specifically merchant vessels.

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Liberia: Financing Charters to Be Recorded as Ship Mortgages

The Republic of Liberia has amended its maritime law to allow lease financing structures to be recorded as mortgages.

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