Finance

VESSELS

VESSELS

Candela has raised an additional $14M in funding which will help scale production of its P-12 electric ferry to meet growing global demand.

25th November 2024

Candela funding to scale up electric ferry production

25th November 2024

SHIPYARD NEWS

SHIPYARD NEWS

One of the oldest and most famous shipyards in the world has been saved from bankruptcy with a €400 million state bail-out.

26th September 2024

Iconic German shipyard saved with state bail-out

26th September 2024

INDUSTRY NEWS

INDUSTRY NEWS

Financial help for the maritime sector is being strengthened by Bibby Financial Services with the appointment of six additional staff in its Marine Finance arm.

22nd July 2024

Bibby boosts maritime finance provision

22nd July 2024

INDUSTRY NEWS

INDUSTRY NEWS

Two of the biggest names in maritime have announced a joint financing facility specifically aimed at workboats.

8th May 2024

Damen and Siemens unveil vessel financing scheme

8th May 2024

INDUSTRY NEWS

INDUSTRY NEWS

Export Finance Norway (Eksfin) is providing loan financing of €525 million to Ørsted of Denmark, for work on one of the largest offshore windfarm projects in the UK.

18th March 2024

Norwegian investment for Hornsea 3 windfarm

18th March 2024

INDUSTRY NEWS

INDUSTRY NEWS

Svitzer is strengthening its financial organisation in preparation for the intended demerger from A.P. Møller – Mærsk.

5th March 2024

Svitzer readies itself for Maersk demerger

5th March 2024

INDUSTRY NEWS

INDUSTRY NEWS

The Managing General Agent (MGA) Alta Signa has launched a new European marine underwriting business which will also cater for the comercial marine market.

24th January 2024

A joined-up approach to European commercial underwriting

24th January 2024

INDUSTRY NEWS

INDUSTRY NEWS

State-backed export credit agency Export Finance Norway (Eksfin) is providing NOK 2bn in loan financing to the Hai Long wind park in the Taiwan Strait.

2nd October 2023

Taiwan offshore wind wins Norwegian financial backing

2nd October 2023

INDUSTRY NEWS

INDUSTRY NEWS

Iberdrola will receive a €500 million green loan from Citi and Eksfin for the construction and development of the UK’s East Anglia Three offshore windfarm.

30th August 2023

Iberdrola nets green finance for UK windfarm

30th August 2023

ENVIRONMENT

ENVIRONMENT

The latest project to be financed by Export Finance Norway (Eksfin) is a new UK windfarm cable contract worth NOK2 billion (€171 million) for the Moray West windfarm in Scotland. 

26th April 2023

Norwegian finance for UK windfarm cable contract

26th April 2023

INDUSTRY NEWS

INDUSTRY NEWS

North P&I Club and Standard Club have received formal approval to finalise their merger and establish NorthStandard as one of the world’s largest providers of mutual maritime cover.

24th January 2023

NorthStandard merger creates insurance superpower

24th January 2023

SUBSEA SERVICES

SUBSEA SERVICES

Baird Capital’s Global Private Equity team has announced an investment in one Scottish underwater equipment specialist with big ambitions in offshore renewables.

18th January 2022

Offshore wind growth prompts subsea cash injection

18th January 2022

INSURANCE, LEGAL & FINANCE

INSURANCE, LEGAL & FINANCE

Alantra, an independent global mid-market investment banking and asset management firm, has recruited a Maritime and Offshore investment banking team within its Investment Banking division.

17th January 2022

Maritime and offshore investment banking team

17th January 2022

INDUSTRY NEWS

INDUSTRY NEWS

A Norwegian finance expert reports a new record in loans and guarantees for offshore wind projects worldwide

6th December 2021

Offshore wind finance milestone

6th December 2021