Arab Maritime Seeks $120-M Loan For New Tankers

Monday, July 26, 1999
Arab Maritime Petroleum Transport Co. is reportedly raising $120 million to partly finance new tankers for its fleet and to help refinance existing loans, bankers said on Sunday.

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Bulk Carrier Trends

Globus Maritime Reclassifies Board Member

Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28,

Baltic Index Records New Low

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low for the ninth straight

Dry-Bulk Shipping: Hitting the Bottom

Dry bulk shipping companies being hit the hardest on account of the deteriorating business climate are likely to be swept by a new wave of bankruptcies, reports Nikkei.

 
 
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