Peninsula bags major credit facility in Singapore

Major bunker supplier Peninsula secures an expanded credit facility of USD 320 million with a series of banks in Singapore.

John A. Bassadone is CEO of bunker company Peninsula. | Photo: PR-FOTO

by DANIEL LOGAN

Peninsula has secured fresh capital with a new, large credit facility signed with a number of banks in Singapore.

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Peninsula bags major credit facility in Singapore

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Front page now

Multiple arrests as protestors block entrance to Maersk HQ

Maritime & Merchant notes fierce competition in loans for shipping

Liner companies pay soaring sums for charter deals

Maersk Supply Service aims to quadruple profits

Norwegian car carriers bag multi-year contracts

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

Shipbroker BRS appoints Gilbert Walter as chairman

Spot prices for container freight continue to rise

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Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Multiple arrests as protestors block entrance to Maersk HQ

Maersk Supply Service aims to quadruple profits

Spot prices for container freight continue to rise

Liner companies pay soaring sums for charter deals

MSC urges liner companies to invest in more ships despite fears of oversupply

Jobs