ShippingWatch

A part ofWatch Medier

Western Bulk lands credit deals with banks and owners

The third quarter was hard on Western Bulk, and the carrier could risk breaching its covenants before the end of 2015. The Norwegian carrier has secured advance approval for a deal with banks and shipowners for new lending conditions.

BY KATRINE GRØNVALD RAUN
Published:

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Log in

Try ShippingWatch for 14 days.

Get a trial subscription here.

Do you want a trial subscription with multiple users for yourself and your colleagues?

Read more about your options and find the contact information to our sales team here.

Related articles

Latest news

  1. Uni-Tankers vessel quarantined after two cases of covid-19
  2. UN Secretary General wants shipping aid to align with climate effort
  3. Authorities shut case on Maersk's out-flagging of scrapped vessels
  4. Container lines preparing for meager Christmas season
  5. After USD 9 billion credit hit, banks seek trade finance revamp
  6. Media: Kleven liquidator hopes for clarification soon
  7. Skov after Ardmore rejection: We need to see willingness from the other party
  8. 2020 looks set to be a year best forgotten for the supply ship sector
  9. South Korea to introduce sulfur emission control areas from September
  10. Kvaerner books orders for billions despite revenue setback
  11. Far more pure hydrogen to push EU toward climate targets
  12. Study shows shipping cannot rely on new vessels alone to cut emissions
  13. Ship types could see their value increase by 30 percent in 2023
  14. Dan-Bunkering's revenue dropped by USD 150 million
  15. Norway bets on tech to cut USD 100 billion North Sea oil-well bill
  16. Few female CEOs slow down more gender equality on shipping boards
  17. Key employees at logistics company bag millions on Maersk acquisition
  18. CMA CGM ditches APL on Trans-Pacific routes
  19. Container lines lost up to 35 percent of their stock value during coronavirus crisis
  20. DFDS resumes sailing on one of its main routes

See all

Jobs

See all

See all