Finance

Finance

Cadeler secures €86 million for F-class newbuild

portnews - May 5, 2022

Cadeler, a wind turbine and foundation installation contractor in the offshore wind market, has secured €86 million to fund a new vessel to its...

Finance

Yangzijiang Financial Holding targets CPF investment by next week

portnews - May 5, 2022

The company said it regrets the inconvenience it may cause to shareholders. The board of directors of Yangzijiang Financial Holding Limited, an investment management business,...

Finance

Sembcorp gets $1.2b sustainability-linked loan facility

portnews - May 5, 2022

The green loan is pegged to Singapore Overnight Rate Average. Sembcorp Financial Services Limited secured a $1.2b sustainability-linked loan facility, which is the first and...

Finance

Hafnia in $100m private placement

portnews - May 5, 2022

Hafnia has engaged SEB Corporate Finance, Skandinaviska Enskilda Banken AB, Clarksons Platou Securities AS and Fearnley Securities AS, to assist the Company in a...

Finance

GSBN develops Proofs-of-Concepts to bridge growing Global Trade finance gap

portnews - May 5, 2022

Partner institutions BOCHK, DBS Bank and HSBC design new trade finance data protocol Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium building a...

Companies

Maersk disinvests Global Ports Investments

portnews - May 5, 2022

Maersk said it has discovered potential purchasers for its investment in Global Ports Investments, which manages ports in Russia, as it prepares to leave...

Companies

Safesea plans to bid for Ceylon Shipping

portnews - May 4, 2022

As the privatisation of Shipping Corporation of India (SCI) is getting delayed, one of the bidders – US based Safesea that was shortlisted for...

Finance

Fed expected to step up inflation fight with big rate hike

portnews - May 4, 2022

The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the start of reductions to...

Finance

FX Daily: Dollar is on sure ground as Fed gets set to hike

portnews - May 4, 2022

USD: Limited downside risks as the Fed prepares to hike With the exception of a modest recovery in some high-beta currencies at the start of...

Finance

Risk management platform Paxafe closes investment with strategic industry insiders

portnews - May 4, 2022

Visibility and risk management platform Paxafe announced it has closed on an additional $1.5 million in capital led by early-stage fund Venture 53 with...

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