debt
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Port News
Gulf Marine Services awarded new contract extensions as debt talks continue
UAE-based lifeboat owner Gulf Marine Services has been awarded two contract extensions for two K-Class vessels totalling 13 months. The…
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Marine World
Shipping Giant CMA CGM Sells Bond to Refinance Debt
The company, which is the world’s fourth-largest container shipping company, is selling 525 million-euros ($619.3 million) of senior unsecured notes…
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Marine World
Carnival to Raise $1.26 Billion in Debt for COVID-19 Relief
July 15 (Reuters) – Carnival Corp is planning to raise about $1.26 billion in a bond offering, the beleaguered cruise…
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Tanker News
Court approves Agritrade Resources debt restructuring
Hong Kong-listed Agritrade Resources has announced that the Supreme Court of Bermuda has permitted the board to work with joint…
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Maritime News
Siem Offshore Seeks Debt Relief in Troubled Offshore Market
After years of struggling with oversupply and weak demand, companies in the OSV market are now being further challenged by…
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Maritime News
Pacific International Lines Secures Debt Deal
Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt…
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Maritime News
Pacific International Lines Secures Debt Deal
Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt…
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Marine World
Abu Dhabi’s Gulf Marine Services Reaches Debt Restructuring Deal
London-listed GMS provides support vessels for offshore oil and gas and other energy installations. It has been hurt by a downturn in…
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Maritime News
Valaris Gears up for Possible Debt Restructuring
Offshore oil driller Valaris PLC is exploring debt restructuring options as it grapples with a rig accident and a broader…
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Marine World
CMA CGM’s Debt Plan Seen at Risk Amid Virus Fears
France’s CMA CGM SA is aiming to start refinancing its debt pile by the end of next month. The Marseille-based company, one…
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