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Tagged in finance

Overseas Shipholding Group, Inc. Announces Financing for Newbuild Jones Act Barge

Overseas Shipholding Group, Inc. (NYSE: OSG) announces that it has closed on a $33,150,000 loan led by Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc. for a term of 5 years. OSG’s subsidiary, OSG 204 LLC, obtained the …

Mar 31, 2020 / Finance

Ship Finance International Announces Acquisition of Three VLCC Newbuildings with 5-year Charters

Ship Finance International Limited (NYSE: SFL) (SFL) announces that it has agreed to acquire three 300,000 dwt crude oil carriers, or VLCCs, currently under construction at DSME in Korea. The net purchase price will be $180 million, or $60 million …

Sep 9, 2019 / Curious

SFL announces acquisition of two 19,400 TEU container vessels

Ship Finance International Limited (NYSE: SFL) (Ship Finance) announces that it has acquired two 2016-built 19,400 TEU container vessels and contracted the vessels until late 2033, or for nearly 15 years, to a leading container line on long-term …

Jan 2, 2019 / Vessels