BW Offshore gets banks on board for USD 500 million deal

Refinancing to the value of 500 million US dollars is now a reality after BW Offshore managed to get its banks on board.

BY JOHANNES HARTKOPF MIKKELSEN

The plan to refinance BW Offshore's debt for a total value of US 500 million, as previously announced by the company, has now been realized, informs the company in a stock exchange announcement.

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BW Offshore gets banks on board for USD 500 million deal

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BW Offshore raises USD 500 million in new liquidity

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs