debt
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Maritime News
MSC Buys Moby Ferries Sold to Pay Debt to Aponte Group
The online auction for five ferries owned by Italy’s Moby Lines was completed with an odd turn of events. The…
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Marine World
Shipping Tycoon Aponte’s TiL Gets $2.5 Billion In Private Debt
By Kat Hidalgo and Silas Brown Aug 1, 2025 (Bloomberg) –Terminal Investment Ltd., the port operator controlled by Italian billionaire Gianluigi…
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Marine World
India’s Largest Port in the Making to Raise $3.5 Billion Debt
The firm building what will become the largest port in India plans to raise as much as 300 billion rupees…
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Port News
How big a problem is the mounting global debt?
Pierre Aury assesses the state of the world economy with some startling stats. We saw last month that it was…
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Port News
Frontline in 10-ship leaseback deal to clear Fredriksen debt
New York- and Oslo-listed tanker giant Frontline has lined up a 10-ship sale and leaseback deal in China to pay…
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Port News
Victor Restis wins ruling in UK debt court battle with Newcastle United co-owner
Greek shipowner Victor Restis has triumphed over Newcastle United co-owner Amanda Staveley in a London High Court dispute involving a…
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Port News
Axxis Geo Solutions rolls out debt restructuring plan
Norwegian offshore survey firm Axxis Geo Solutions has announced a draft plan for its proposed debt restructuring after it filed…
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Marine World
VLCC Fire Sale – Singapore Tanker Tycoon O.K. Lim Liquidates One-Third His Fleet To Repay Billions Of Debt
By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim…
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Maritime News
Sources say One-Third of Hin Leong Founder’s Ships Sold Pay Down Debt
* Each VLCC raised about $30 mln* Bunker barges sold at $2 mln to $3 mln* Greek ship owners among…
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Marine World
Lenders Take Control of Polarcus Assets After Seismic Surveyor Defaults on Debt
OSLO, Jan 26 (Reuters) – Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its bank…
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