Star Bulk Carriers Announces $310mln Loan for Vessels, 50 Scrubbers
Star Bulk Carriers announced that it has entered into a $310 million loan agreement, which includes a $70 million tranche (Green Loan Tranche) that will exclusively finance the procurement and retrofitting of scrubbers for up to approx. 50 vessels in Star Bulk’s fleet. According to a press release from the global shipping company focusing on the transportation of dry bulk cargoes, DNB Bank, acted as the Mandated Lead Arranger, Facility Agent and Coordinator, along with ABN AMRO Bank, BNP Paribas, Danish Ship Finance and Skandinaviska Enskilda Banken as Mandated Lead Arrangers.The remaining $240 million were drawn on September 28, 2018 and refinanced in full a group of 26 vessels…
LR Invests in Senergy to Build Energy Sector Service
Lloyd’s Register (LR) announced a significant investment in global services company Senergy to create an industry-leading offering - from the reservoir to refinery and beyond. The deal will see LR and Senergy provide a unique and comprehensive portfolio of services to the upstream sectors of exploration, production and transportation through to refinery and beyond. The combined business will also provide life of field services from inception to decommissioning and offer unparalleled…
Lloyd’s Register Announces Board Appointments
Lloyd’s Register has announced the appointment of Chris Finlayson, Chief Executive of BG Group plc, and Ellis Armstrong, ex-CFO of E&P at BP plc, as Non-executive Directors on the board of Lloyd’s Register Group Ltd. Lloyd’s Register Group Ltd (LR) is the wholly-owned operating group of Lloyd’s Register Foundation, a U.K. charity dedicated to supporting the advancement of engineering-related education, and funding research and development that enhances safety of life at sea, on land and in the air.
