Archive

GoodBulk Eyes USD 83 Mn in New Capital

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

September 6, 2018 Monaco-based owner of dry bulkers GoodBulk has embarked on an ambitious capital raising campaign as it welcomes new ships into the fleet. The company has secured a USD 73 million-worth credit facility with ING Bank and has entered into an investment agreement to collect around USD 10 million from share issuance. A […]

CMA CGM Inaugurates Its 20,600 TEU Giant

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

September 6, 2018 CMA CGM’s 20,600 TEU-containership, CMA CGM Antoine de Saint Exupery, was inaugurated today in the Port of le Havre, France. The giant boxship is the company’s new flagship and world’s biggest containership flying the French flag. It is also the ship with the longest name in the world. The inauguration ceremony was attended by […]

Navios Maritime Containers Launches IPO

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

September 6, 2018 Monaco-based Navios Maritime Containers has commenced an initial public offering of over 5.2 million common units in the United States targeting around USD 102 million in net proceeds. The company has granted the underwriters for the IPO an option to purchase up to 789,474 additional common units. Navios Maritime Containers plans to use the […]

COSCO’s Heavy-Lift Ship Crosses Northern Sea Route

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

September 6, 2018 Chinese cargo vessel Tian En, specially built for polar waters, has arrived in the French port of Rouen, having traveled via the Arctic’s Northern Sea Route or “Polar Silk Road” for the first time. The route links Asia to Europe through the Western Pacific Ocean, the Bering Strait and the Arctic Ocean, […]