OW Bunker has signed a USD 700 million refinancing agreement with Danish and international banks. Creditors include Rabobank, ING, Nordea, and Danske Bank, and the funds are earmarked for expansions.
BY TOMAS KRISTIANSEN
One of the world's largest bunker suppliers, OW Bunker, has signed an agreement with a large number of Danish and international banks to refinance an existing credit facility of USD 450 million, thus increasing it to USD 700 million.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.