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Finance

Finance

ANZ signs perpetually linked loan with Yumin Shipping

portnews -
  ANZ and Yumin Shipping Singapore, a subsidiary of Yumin, signed a USD 50 million "Sustainability linked loan" on March 16. The loan is for...
Finance

MARAD: $25 million available for America’s Marine Highway Program

portnews -
U.S. Secretary of Transportation Pete Buttigieg. “Today’s announcements are an important step in the administration’s Port Action Plan to strengthen our supply chains, modernize...
Finance

Investments galore in west coast ports

portnews -
As part of the Port and Shipping ministry’s dedicated attempt to shore up the capacity of the container terminals in the west coast, the...
Finance

How to Optimize Today’s Working Capital to Drive Tomorrow’s Growth

portnews -
Digital transformation, dynamic and disrupted markets, geopolitical uncertainty, and ever-growing corporate transparency are putting increasing pressure on companies’ liquidity and cash flows. According to Gartner,...
Finance

Three scenarios for the ECB’s normalisation path

portnews -
Last week’s European Central Bank meeting has paved the way for a further normalisation. Only a severe economic recession or sharp fall in headline...
Companies

Wärtsilä invests in Japan’s Marindows to drive decarbonisation in marine industry

portnews -
Wärtsilä Voyage, part of the Finnish technology group Wärtsilä, has completed an investment in Marindows, a Japanese company delivering an open digital platform for...
Finance

Bank of America sounding the alarm on collapsing freight demand

portnews -
In a Friday note to investors, Ken Hoexter, the managing director of Bank of America’s trucking research, wrote that shippers’ view of demand is...
Finance

Hempel links EUR 1.5 billion credit facilities to sustainability targets

portnews -
World-leading coatings company, Hempel A/S, has successfully amended the company's credit facilities, linking borrowing costs to four sustainability targets. This Earth Day, Hempel is “Investing...
Finance

Analyst predicts upward adjustment by DSV next week

portnews -
DSV presents another record result, probably followed by an upward adjustment. Such is Sydbank’s expectation for DSV’s financial report next week. Wednesday next week, freight...
Finance

Damen sets up ship financing division

wpoadmin -
Dutch shipbuilder Damen Shipyards Group has announced that it will launch a specialised financial services division from April 1. The financial unit will support its...
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