How will it evolve in the years ahead

Last week, Bonheur ASA successfully completed a new senior unsecured green bond issue of NOK 700million maturing in September 2025. Oversubscribed, the bonds were priced at three-month NIBOR + 275 bps and may be tapped up to a maximum amount of NOK 1 billion.

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From September 21-24, Marine Money hosted the largest, most comprehensive globe-spanning ship finance event in history. This special event represented an unparalleled opportunity for the industry to come together and connect for business development, networking, and market intelligence.
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Watch the captains of thedry bulk market discuss the current opportunities in this market cyclein our 3rd session of Virtual Marine Money Week.

These are some of the most difficult times the world has experienced. Covid-19 remains with us and there is a fear of a second wave of infections as winter approaches. Economies have faltered, although you would not know that from the stock market where the rich get richer, and unemployment is at record levels.

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This month, Ardmore Shipping Corporation renewed for two years its $15 million traditional working capital revolving credit facility with ABN AMRO and upgraded it by converting it into its first sustainability-linked finance facility.

It all began with the IPO ofDryShipsback in February 2005, when the company sold 13 million shares at $18/share raising gross proceeds of $234 million. On Friday, the company announced the completion of its acquisition by...

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