Tidewater Announces Refinance Package

MarineLink.com
Tuesday, June 25, 2013

Tidewater Holdings, Inc. announced that it has entered a $115 million refinance package with Northwest Farm Credit Services. Northwest FCS was the lead arranger and Barclays acted as sole placement agent on the refinance package.

Tidewater’s operations include terminal services and tug and barge operations on the Columbia and Snake River systems in the Pacific Northwest. A major part of the company’s business is providing farmers a safe, clean, and economic way of transporting agricultural commodities, primarily wheat, to export grain elevators on the Lower Columbia and Willamette Rivers.
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

300 Missing After Korean Ferry Capsizes

Almost 300 people were missing after a ferry capsized off South Korea on Wednesday, despite frantic rescue efforts involving coastguard vessels, fishing boats and helicopters,

Samsung Heavy Takes Up 7 Container Ship Order

South Korea's Samsung Heavy Industries said on Wednesday that it is proceeding with a project worth 642.9 billion won ($617.67 million) to build seven container ships as planned.

South Stream Gas Pipeline Re-route via Turkey Possible

Turkish Energy Minister Taner Yildiz said on Wednesday that Ankara would consider the passage of the South Stream natural gas pipeline through Turkey if Russia made such a request.

Finance

Three European firms win Angola deepwater deals

Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger

Litigation Can Cost Shipbrokers an Arm & a Leg

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,

Scorpio Tankers' Latest Sale & Purchase Deals

Scorpio Tankers says it recorded a gain of US$51-million from the sale of the 7 VLCC newbuilding contracts announced earlier. In March 2014, the Company received

Barges

Tug on the Rocks, Lake Pontchartrain, Three Rescued

US Coast Guard 8th District says that it has rescued 3 crewmembers aboard the (uninspected) tugboat 'UTV Todd Michael' after it grounded on the rocks near the Lakefront Airport on Lake Pontchartrain.

Foss Meets Growing Modular Business with New Barge

Foss Maritime is building a new ocean-going barge that will give the company an additional asset to transport large modules both domestically and internationally.

Construction of Changi East Finger Extension

The working period for the construction of Changi East Finger Extension has been extended, GAC said in its daily Hot Port News report. The works will now be conducted from April 25 to October 24,

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0956 sec (10 req/sec)