The state guarantee will allow the shipyard to seek loans from banks.
The barge, to be built by Fincantieri Bay Shipbuilding, will provide LNG bunkering solutions along the US East Coast.
The acquisitions marked the company’s expansion into new areas of LPG.
The loan would be used to finance four new LR1 product tankers being built at Guangzhou Shipyard.
The new 174,000 cbm unit is scheduled for delivery by the fourth quarter of 2021.
Waterfront Shipping and Marinvest welcomed two new, clean-burning vessels to the Waterfront fleet.
The financing package comprises around EUR 2.6 billion with a total investment volume of just under EUR 3.1 billion.
The charter deals are a part of the company’s drive to decarbonise shipping.
The development would enable completion of two ferries being built at the shipyard for CMAL.
The effort is part of SHI’s cloud-based smart ship system SVESSEL.
Norwegian Cruise Line’s latest ship emerges for the first time from the shipbuilding dock.
The deal, signed with an undisclosed Oceanian shipowner, is valued at USD 620.2 million.
Under the construction contract, the vessel is scheduled for delivery in late October 2021.
German shipbuilder Meyer Werft has cut the first steel for the next cruise ship for AIDA Cruises.
