Tag: financing

March 19, 2024

A key partner in the €24.5 million round is French boat maker Groupe Beneteau. As explained, the new investment round will help to scale up production to meet demand for the recently launched Candela P-12, described as the world’s first […]

June 8, 2023

U.S. corporate bankruptcies thus far in 2023 are their highest since 2010, according to a new report from S&P Global Market Intelligence. S&P 500 earnings were down year over year in Q1 and are expected to continue falling in Q2. […]

February 28, 2023

Reducing emissions in hard-to-abate industries such as shipping is vital in the effort to combat climate change, with industry and transport accounting for almost half of the global emissions. The call comes following the release of a landmark report that […]

July 14, 2021

Greek capesize owner Seanergy Maritime has secured a fixed-rate time charter deal with an existing US commodity trading charterer and concluded the financing of two of its new acquisitions through a sale and leaseback agreement with a Chinese financial institution. […]

December 22, 2020

In an effort to overcome the cost barriers to buying electric vehicles, electric truck maker Xos Trucks Inc. on Tuesday announced a partnership with DLL to help finance the leasing of its all-electric commercial vehicles. DLL is a global asset […]

November 20, 2019

Earlier this month, the company received firm commitments from a syndicate of eleven banks and the Export-Import Bank of Korea (KEXIM) for the financing. Specifically, the facility will be divided into a commercial bank loan of USD 250 million, a […]

July 17, 2019

As informed, the gross proceeds from the new financing amount to USD 25.6 million and will be used mainly to refinance the facility of the 49,700 dwt Stenaweco Excellence with Nord LB. The tenor of the new facility is ten […]

March 25, 2019

As more and more transit agencies look to electrification of their fleets, the real issue has become finding ways to fund the actual purchase of the vehicles for those who want to go completely electric. The good news is that […]